QRG Capital Management Inc. Buys 41,428 Shares of Amphenol Corporation $APH

Key Points

• QRG Capital Management Inc. increased its ownership in Amphenol Corporation by 4.3%, acquiring an additional 41,428 shares, which brought their total to 999,014 shares valued at approximately $98.7 million.
• Amphenol reported a 56.5% increase in quarterly revenue year-over-year, reaching $5.65 billion, and reported an EPS of $0.81, exceeding analyst expectations.
• The company declared a quarterly dividend of $0.165 per share, with a dividend yield of 0.5%, and its stock is primarily owned by institutional investors, holding 97.01% of shares.

QRG Capital Management Inc. raised its stake in Amphenol Corporation (NYSE:APH - Free Report) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 999,014 shares of the electronics maker's stock after buying an additional 41,428 shares during the period. Amphenol comprises about 0.9% of QRG Capital Management Inc.'s investment portfolio, making the stock its 16th biggest position. QRG Capital Management Inc. owned 0.08% of Amphenol worth $98,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. EWA LLC boosted its stake in shares of Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock valued at $514,000 after purchasing an additional 115 shares in the last quarter. Mather Group LLC. boosted its stake in shares of Amphenol by 0.5% in the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock valued at $2,261,000 after purchasing an additional 118 shares in the last quarter. Independent Advisor Alliance boosted its stake in shares of Amphenol by 1.7% in the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock valued at $471,000 after purchasing an additional 122 shares in the last quarter. Traveka Wealth LLC boosted its stake in shares of Amphenol by 3.9% in the 2nd quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock valued at $324,000 after purchasing an additional 123 shares in the last quarter. Finally, Forum Financial Management LP boosted its stake in shares of Amphenol by 1.9% in the 1st quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock valued at $438,000 after purchasing an additional 126 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Trading Down 1.1%

Shares of APH opened at $122.28 on Friday. The firm has a fifty day simple moving average of $113.91 and a two-hundred day simple moving average of $94.15. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $126.06. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $149.29 billion, a P/E ratio of 48.72, a PEG ratio of 1.98 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its 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. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period last year, the company posted $0.44 EPS. The company's quarterly revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on APH shares. Bank of America upped their price objective on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Citigroup reaffirmed a "buy" rating and issued a $145.00 price objective (up previously from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a research report on Saturday, September 27th. Finally, KGI Securities started coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.00.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by company insiders.

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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