Sagespring Wealth Partners LLC Buys 5,612 Shares of Amphenol Corporation $APH

Key Points

• Sagespring Wealth Partners LLC increased its stake in Amphenol Corporation by 40.3% in the 2nd quarter, acquiring an additional 5,612 shares, bringing its total holdings to 19,523 shares valued at approximately $1.93 million.
• Amphenol's stock has received multiple price target upgrades, with Citigroup setting a new price target at $145.00, reflecting a robust rating from nine analysts who have rated it as a "Buy."
• Insider selling was notable, with VP Lance E. D'amico selling 100,000 shares valued at over $11 million, representing a significant decrease in his ownership position.

Sagespring Wealth Partners LLC boosted its stake in Amphenol Corporation (NYSE:APH - Free Report) by 40.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,523 shares of the electronics maker's stock after purchasing an additional 5,612 shares during the quarter. Sagespring Wealth Partners LLC's holdings in Amphenol were worth $1,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Motive Wealth Advisors bought a new stake in shares of Amphenol during the 2nd quarter valued at about $215,000. LeConte Wealth Management LLC bought a new stake in shares of Amphenol during the 2nd quarter valued at about $399,000. Perigon Wealth Management LLC boosted its position in shares of Amphenol by 29.4% during the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after acquiring an additional 3,964 shares during the last quarter. City Center Advisors LLC bought a new stake in shares of Amphenol during the 2nd quarter valued at about $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Amphenol by 25.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock valued at $2,736,000 after acquiring an additional 5,630 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Citigroup reiterated a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an "outperform" rating in a research report on Friday. Finally, UBS Group set a $120.00 target price on Amphenol in a research report on Tuesday, October 7th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $114.43.

Insider Buying and Selling

In other news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 sold 665,924 shares of company stock valued at $73,369,357 over the last quarter. Company insiders own 1.67% of the company's stock.

Amphenol Price Performance

Shares of Amphenol stock opened at $122.74 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The business's 50 day simple moving average is $116.38 and its two-hundred day simple moving average is $97.07. The stock has a market capitalization of $149.86 billion, a P/E ratio of 48.90, a price-to-earnings-growth ratio of 1.99 and a beta of 1.17. Amphenol Corporation has a one year low of $56.45 and a one year high of $127.50.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's quarterly revenue was up 56.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol's payout ratio is 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.

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