Range Financial Group LLC Acquires New Position in Amphenol Corporation $APH

Key Points

• Range Financial Group LLC purchased 3,103 shares of Amphenol Corporation valued at approximately $306,000 in the second quarter.
• Analysts have set a consensus price target of $105.62 for Amphenol, with eight analysts rating the stock as a Buy.
• Amphenol declared a quarterly dividend of $0.165 per share, resulting in an annualized dividend yield of 0.6% and a payout ratio of 26.29%.

Range Financial Group LLC acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,103 shares of the electronics maker's stock, valued at approximately $306,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Amphenol by 1.9% in the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after buying an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP increased its position in Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the period. Invesco Ltd. increased its position in Amphenol by 1.6% during the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after purchasing an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Amphenol by 639.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after purchasing an additional 7,573,750 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This trade represents a 56.69% 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. Insiders own 1.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on APH shares. KGI Securities started coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Truist Financial increased their target price 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. JPMorgan Chase & Co. increased their target price 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 raised their price objective on shares of Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Finally, Robert W. Baird raised their price objective on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Stock Performance

APH traded up $2.13 during trading hours on Friday, hitting $124.20. The stock had a trading volume of 15,836,325 shares, compared to its average volume of 8,418,983. The company's fifty day simple moving average is $109.68 and its 200 day simple moving average is $90.15. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $124.39. The stock has a market cap of $151.64 billion, a PE ratio of 49.48, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $5.01 billion. During the same quarter last year, the firm posted $0.44 EPS. The firm's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

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