Sterling Investment Counsel LLC Decreases Stock Holdings in Amphenol Corporation $APH

Key Points

• Sterling Investment Counsel LLC has reduced its holdings in Amphenol Corporation by 71.2%, now owning 2,640 shares after selling 6,538 shares in the second quarter.
• Despite this decrease, other institutional investors, such as Brighton Jones LLC and Merit Financial Group LLC, have increased their stakes in Amphenol significantly in recent quarters.
• Analyst ratings for Amphenol are largely positive, with eight analysts giving a "Buy" rating and a consensus target price of $110.00 per share.

Sterling Investment Counsel LLC trimmed its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 71.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,640 shares of the electronics maker's stock after selling 6,538 shares during the quarter. Sterling Investment Counsel LLC's holdings in Amphenol were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of APH. Brighton Jones LLC lifted its stake in Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC lifted its stake in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after purchasing an additional 618 shares in the last quarter. NBC Securities Inc. lifted its stake in Amphenol by 101,271.4% in the 1st quarter. NBC Securities Inc. now owns 7,096 shares of the electronics maker's stock worth $465,000 after purchasing an additional 7,089 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in shares of Amphenol by 161.6% during the 1st quarter. Merit Financial Group LLC now owns 36,821 shares of the electronics maker's stock valued at $2,415,000 after buying an additional 22,744 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group lifted their price target on shares of Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Wall Street Zen lowered shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Truist Financial lifted their price target 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. The Goldman Sachs Group set a $139.00 price target on shares of Amphenol and gave the company a "buy" rating in a research report on Monday. Finally, KGI Securities assumed coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $110.00.

Amphenol Stock Down 0.8%

Shares of NYSE APH opened at $123.65 on Friday. The firm has a market cap of $150.97 billion, a price-to-earnings ratio of 49.26, a PEG ratio of 2.00 and a beta of 1.17. 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 Corporation has a 52-week low of $56.45 and a 52-week high of $126.06. The business's 50 day moving average is $113.57 and its two-hundred day moving average is $93.74.

Amphenol (NYSE:APH - Get Free Report) last announced its 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 company had revenue of $5.65 billion for 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 firm's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

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

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, 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 three months, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is currently owned by insiders.

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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