Stonehage Fleming Financial Services Holdings Ltd Makes New $225.76 Million Investment in Amphenol Corporation $APH

Key Points

• Stonehage Fleming Financial Services Holdings Ltd has invested approximately $225.76 million in Amphenol Corporation, acquiring 2,286,146 shares, making it the fifth largest position in its portfolio.
• Major institutional investors, like Vanguard Group and T. Rowe Price Investment Management, have significantly increased their stakes in Amphenol, reflecting strong investor interest in the stock.
• Amphenol's recent quarterly earnings exceeded expectations, reporting $5.65 billion in revenue and an EPS of $0.81, driving analyst upgrades and positive price targets for the stock.

Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Amphenol Corporation (NYSE:APH - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,286,146 shares of the electronics maker's stock, valued at approximately $225,757,000. Amphenol accounts for about 6.6% of Stonehage Fleming Financial Services Holdings Ltd's portfolio, making the stock its 5th largest position. Stonehage Fleming Financial Services Holdings Ltd owned 0.19% of Amphenol as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in APH. Vanguard Group Inc. raised 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 valued at $10,166,370,000 after purchasing an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. raised its position in shares of Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP raised its position in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the period. Invesco Ltd. raised 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 valued at $603,362,000 after purchasing an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Amphenol by 639.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after purchasing an additional 7,573,750 shares during the period. Institutional investors own 97.01% of the company's stock.

Insider Activity at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares of the company's stock, valued at $13,880,498.85. The trade was a 61.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 in the last 90 days. 1.67% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on APH. Barclays began coverage on shares of Amphenol in a research report on Wednesday. They issued an "equal weight" rating and a $120.00 price target on the stock. KGI Securities began coverage on shares of Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating on the stock. Truist Financial boosted 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. Citigroup reaffirmed a "buy" rating and set a $145.00 price objective (up previously from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Finally, Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an "outperform" rating in a research note on Friday. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $114.43.

Amphenol Price Performance

Shares of NYSE:APH opened at $121.64 on Friday. The company has a 50 day moving average of $115.78 and a 200 day moving average of $96.29. The stock has a market cap of $148.51 billion, a P/E ratio of 48.46, a P/E/G ratio of 1.95 and a beta of 1.17. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $127.50. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61.

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

Amphenol Announces Dividend

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 currently 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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