Raleigh Capital Management Inc. Takes Position in Amphenol Corporation $APH

Key Points

• Raleigh Capital Management Inc. acquired 3,119 shares of Amphenol Corporation valued at approximately $308,000, marking a new stake for the institutional investor.
• Hedge funds and other institutional investors own a significant 97.01% of Amphenol's stock, indicating strong institutional interest in the company.
• Amphenol recently announced a quarterly dividend of $0.165 per share, which will be paid on October 8th, reflecting a lower payout ratio of 26.29%.

Raleigh Capital Management Inc. acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,119 shares of the electronics maker's stock, valued at approximately $308,000.

Other hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in Amphenol during the second quarter valued at about $25,000. Hughes Financial Services LLC purchased a new position in shares of Amphenol during the first quarter valued at about $25,000. Avalon Trust Co raised its holdings in shares of Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after acquiring an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in Amphenol during the first quarter valued at $28,000. Finally, Saudi Central Bank purchased a new position in Amphenol in the first quarter worth about $31,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on APH shares. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Bank of America increased their price target 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. The Goldman Sachs Group set a $139.00 target price on Amphenol and gave the stock a "buy" rating in a research note on Monday. UBS Group boosted their price objective on shares of Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a 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 company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $110.00.

Insider Activity at Amphenol

In related news, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 199,848 shares of the company's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction 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 disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by insiders.

Amphenol Stock Performance

Shares of APH opened at $123.78 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The firm has a market cap of $151.13 billion, a PE ratio of 49.31, a price-to-earnings-growth ratio of 1.94 and a beta of 1.15. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $126.06. The company's 50 day simple moving average is $112.70 and its 200-day simple moving average is $93.11.

Amphenol (NYSE:APH - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business's revenue was up 56.5% on a year-over-year basis. During the same quarter last year, the business earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol's payout ratio is currently 26.29%.

Amphenol 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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