Steward Partners Investment Advisory LLC Buys 68,226 Shares of Amphenol Corporation $APH

Key Points

• Steward Partners Investment Advisory LLC increased its holdings in Amphenol Corporation by 127.3%, owning 121,833 shares worth approximately $7.99 million as of the latest SEC filing.
• Insider selling included Luc Walter and David M. Silverman, who sold a combined 386,000 shares valued at over $35 million, significantly reducing their ownership stakes.
• Analysts have set a consensus rating of “Moderate Buy” for Amphenol, with an average target price of $104.92, following several recent price upgrades.

Steward Partners Investment Advisory LLC lifted its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 127.3% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 121,833 shares of the electronics maker's stock after buying an additional 68,226 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in Amphenol were worth $7,991,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of APH. Vanguard Group Inc. increased its position 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 worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Amphenol by 36.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker's stock worth $4,091,426,000 after purchasing an additional 15,837,407 shares during the period. Bank of America Corp DE increased its position in shares of Amphenol by 294.0% in the fourth quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock worth $1,733,027,000 after purchasing an additional 18,619,417 shares during the period. Northern Trust Corp increased its position in shares of Amphenol by 14.9% in the fourth quarter. Northern Trust Corp now owns 13,065,802 shares of the electronics maker's stock worth $907,420,000 after purchasing an additional 1,689,632 shares during the period. Finally, Invesco Ltd. increased its position in shares of Amphenol by 1.6% in the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock worth $603,362,000 after purchasing an additional 141,069 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Buying and Selling

In related 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 transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Doherty sold 160,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were 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 912,000 shares of company stock valued at $88,763,320 over the last 90 days. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Trading Up 0.5%

Shares of APH stock traded up $0.5040 during mid-day trading on Friday, reaching $109.3140. 7,552,440 shares of the stock traded hands, compared to its average volume of 7,896,059. The stock's fifty day simple moving average is $102.54 and its two-hundred day simple moving average is $83.55. 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 company has a market cap of $133.46 billion, a price-to-earnings ratio of 43.55, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $112.35.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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 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% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on APH shares. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. Bank of America lifted their target price on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Truist Financial lifted their target price on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Finally, Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research 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. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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.