Quantitative Investment Management LLC Purchases Shares of 23,123 Amphenol Corporation $APH

Key Points

• Quantitative Investment Management LLC has acquired a new stake in Amphenol Corporation, purchasing 23,123 shares valued at approximately $1.5 million during Q1.
• Insider Luc Walter sold 286,000 shares worth over $26 million, representing a 38.76% decrease in their position, while other insiders have sold a total of 912,000 shares in the last 90 days.
• Amphenol's stock has received positive attention from analysts, with multiple price target increases, raising expectations for the stock's future performance.

Quantitative Investment Management LLC purchased a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 23,123 shares of the electronics maker's stock, valued at approximately $1,516,000.

Other large investors have also recently added to or reduced their stakes in the company. Hughes Financial Services LLC acquired a new stake in Amphenol in the 1st quarter valued at $25,000. Avalon Trust Co boosted its position in Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in Amphenol in the 1st quarter valued at about $28,000. SouthState Corp purchased a new position in Amphenol in the 1st quarter valued at about $36,000. Finally, Global X Japan Co. Ltd. purchased a new position in Amphenol in the 1st quarter valued at about $44,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the sale, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 160,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $89.54, for a total transaction of $14,326,400.00. The disclosure for this sale can be found here. Insiders sold a total of 1,211,924 shares of company stock valued at $122,753,737 over the last 90 days. 1.67% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on APH shares. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. 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 report on Tuesday, August 5th. Truist Financial upped their price objective on shares of Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Citigroup upped their target price on shares of Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, KGI Securities started coverage on shares of Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Stock Performance

APH stock traded up $1.82 during midday trading on Thursday, reaching $111.95. The company had a trading volume of 5,076,700 shares, compared to its average volume of 8,390,019. 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 50 day moving average price of $103.56 and a 200 day moving average price of $84.39. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $112.35. The firm has a market capitalization of $136.68 billion, a PE ratio of 44.60, a P/E/G ratio of 1.76 and a beta of 1.13.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. Amphenol'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. Analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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

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.