Amphenol Corporation $APH Shares Bought by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. increased its holdings in Amphenol Corporation by 54.1%, owning approximately 2.4 million shares valued at $158.99 million as of its latest SEC filing.
• Several institutional investors significantly boosted their positions in Amphenol, with Bank of America’s stake growing by 294% and Price T Rowe Associates increasing theirs by 36.8% during the last quarter.
• Amphenol announced a quarterly dividend of $0.165 per share, representing an annualized yield of 0.6%, set to be paid to shareholders on October 8th.

Raymond James Financial Inc. grew its stake in Amphenol Corporation (NYSE:APH - Free Report) by 54.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,424,033 shares of the electronics maker's stock after acquiring an additional 850,582 shares during the quarter. Raymond James Financial Inc. owned about 0.20% of Amphenol worth $158,993,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Oak Grove Capital LLC acquired a new stake in shares of Amphenol in the 1st quarter worth $996,000. American Century Companies Inc. lifted its position in Amphenol by 702.3% during the 1st quarter. American Century Companies Inc. now owns 1,173,637 shares of the electronics maker's stock worth $76,979,000 after acquiring an additional 1,027,353 shares during the period. Ethic Inc. lifted its position in Amphenol by 10.2% during the 1st quarter. Ethic Inc. now owns 106,962 shares of the electronics maker's stock worth $7,067,000 after acquiring an additional 9,921 shares during the period. Aberdeen Group plc lifted its position in Amphenol by 126.0% during the 1st quarter. Aberdeen Group plc now owns 941,863 shares of the electronics maker's stock worth $61,471,000 after acquiring an additional 525,200 shares during the period. Finally, Liontrust Investment Partners LLP lifted its position in Amphenol by 24.3% during the 1st quarter. Liontrust Investment Partners LLP now owns 563,382 shares of the electronics maker's stock worth $36,952,000 after acquiring an additional 110,301 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Price Performance

Shares of Amphenol stock traded up $0.5040 during mid-day trading on Friday, reaching $109.3140. 6,133,731 shares of the stock traded hands, compared to its average volume of 8,433,097. The business has a 50-day moving average of $102.20 and a 200 day moving average of $83.28. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $112.35. The stock has a market capitalization of $133.46 billion, a PE ratio of 43.55, a PEG ratio of 1.74 and a beta of 1.13. 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 posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's revenue was up 56.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently declared 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 is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol's dividend payout ratio is 26.29%.

Insider Buying and Selling

In related news, insider Luc Walter sold 286,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total value of $26,148,980.00. Following the completion of the transaction, the insider directly owned 451,790 shares in the company, valued at approximately $41,307,159.70. This represents a 38.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider William J. Doherty sold 160,000 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $89.54, for a total value of $14,326,400.00. The disclosure for this sale can be found here. Insiders sold a total of 912,000 shares of company stock valued at $88,763,320 in the last ninety days. Company insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the company. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Robert W. Baird boosted their price objective on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday. Evercore ISI boosted their price objective on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 18th. Bank of America boosted their price objective on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Finally, Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $105.62.

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.