State of Alaska Department of Revenue Reduces Stock Holdings in Amphenol Corporation $APH

Key Points

• The State of Alaska Department of Revenue reduced its stock holdings in Amphenol Corporation by 4.2%, owning 135,926 shares worth approximately $13.42 million after selling 5,920 shares.
• Amphenol's recent earnings report showed $0.81 earnings per share, exceeding the expected $0.66, and a revenue of $5.65 billion, which also surpassed estimates.
• The company announced a quarterly dividend of $0.165 per share, representing an annualized dividend of $0.66 and a yield of 0.5%.

State of Alaska Department of Revenue reduced its position in Amphenol Corporation (NYSE:APH - Free Report) by 4.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 135,926 shares of the electronics maker's stock after selling 5,920 shares during the period. State of Alaska Department of Revenue's holdings in Amphenol were worth $13,422,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in APH. Hughes Financial Services LLC purchased a new position in Amphenol during the 1st quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new position in Amphenol in the second quarter worth about $25,000. Avalon Trust Co boosted its position in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Amphenol in the 1st quarter worth about $28,000. Finally, Saudi Central Bank bought a new position in Amphenol during the 1st quarter valued at approximately $31,000. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Performance

Shares of Amphenol stock opened at $122.60 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock's fifty day moving average is $111.92 and its two-hundred day moving average is $92.28. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $126.06. The company has a market capitalization of $149.68 billion, a PE ratio of 48.84, a price-to-earnings-growth ratio of 1.96 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results 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. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is currently 26.29%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Evercore ISI upped their target price on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. UBS Group increased their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Truist Financial boosted their price target on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. increased their target price on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and a consensus price target of $107.15.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D'amico sold 100,000 shares of the firm's 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by corporate insiders.

About Amphenol

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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