Plato Investment Management Ltd Reduces Stake in Amphenol Corporation $APH

Key Points

• Plato Investment Management Ltd reduced its stake in Amphenol Corporation by 11.9%, owning 50,685 shares valued at $3,360,000 after selling 6,842 shares during Q1.
• Amphenol's quarterly earnings report showed an EPS of $0.81, exceeding analyst expectations of $0.66, with a revenue of $5.65 billion, significantly up 56.5% year-over-year.
• The company declared a quarterly dividend of $0.165 per share with an annualized yield of 0.6%, to be paid on October 8th.

Plato Investment Management Ltd trimmed its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 11.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 50,685 shares of the electronics maker's stock after selling 6,842 shares during the quarter. Plato Investment Management Ltd's holdings in Amphenol were worth $3,360,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in APH. Perigon Wealth Management LLC grew its stake in Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after acquiring an additional 3,964 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $13,847,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of Amphenol by 46.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Transcend Capital Advisors LLC lifted its stake in Amphenol by 14.4% in the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock valued at $295,000 after buying an additional 568 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Amphenol by 4.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock valued at $4,061,000 after buying an additional 2,514 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Trading Up 5.7%

Shares of APH stock opened at $116.85 on Wednesday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $117.24. The firm's 50-day simple moving average is $106.23 and its 200-day simple moving average is $87.10. The firm has a market cap of $142.66 billion, a P/E ratio of 46.55, a PEG ratio of 1.77 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The firm had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is 26.29%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Citigroup boosted their price target on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Robert W. Baird lifted their price objective on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Evercore ISI upped their target price on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 18th. UBS Group lifted their price target on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, KGI Securities initiated coverage on shares of Amphenol in a research note on Thursday, June 26th. They set a "hold" rating on the stock. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Insider Transactions at Amphenol

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company's stock.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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