Quarry LP Trims Holdings in Amphenol Corporation $APH

Key Points

• Quarry LP significantly reduced its holdings in Amphenol Corporation by 75.7% in the first quarter, selling 2,294 shares and leaving it with 737 shares worth $48,000.
• Amphenol's recent earnings report showed earnings per share of $0.81, exceeding estimates and marking a 56.5% increase in revenue year-over-year.
• The company declared a $0.165 quarterly dividend, reflecting an annualized yield of 0.6%, with a dividend payout ratio of 26.29%.

Quarry LP reduced its stake in Amphenol Corporation (NYSE:APH - Free Report) by 75.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 737 shares of the electronics maker's stock after selling 2,294 shares during the period. Quarry LP's holdings in Amphenol were worth $48,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after buying an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC boosted its holdings in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after purchasing an additional 618 shares during the period. Captrust Financial Advisors grew its position in shares of Amphenol by 5.9% during the 4th quarter. Captrust Financial Advisors now owns 56,186 shares of the electronics maker's stock valued at $3,902,000 after purchasing an additional 3,109 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Amphenol by 5.9% in the fourth quarter. Cetera Investment Advisers now owns 181,938 shares of the electronics maker's stock worth $12,636,000 after buying an additional 10,212 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

APH has been the subject of several recent analyst reports. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Evercore ISI boosted their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Bank of America raised their target price 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. Citigroup boosted their price target on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research report on Friday, July 11th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Trading Up 1.7%

APH stock traded up $1.94 during midday trading on Wednesday, hitting $118.73. The company had a trading volume of 14,333,152 shares, compared to its average volume of 8,453,329. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $120.80. The stock has a market cap of $144.96 billion, a price-to-earnings ratio of 47.29, a PEG ratio of 1.77 and a beta of 1.15. The stock's 50 day moving average price is $106.23 and its 200 day moving average price is $87.10.

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, topping the consensus estimate of $0.66 by $0.15. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's revenue for the quarter was up 56.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

Insiders Place Their Bets

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last quarter. 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.