Strs Ohio Acquires Shares of 362,771 Amphenol Corporation $APH

Key Points

• Strs Ohio has taken a new position in Amphenol Corporation, purchasing 362,771 shares valued at approximately $23.79 million in the first quarter.
• Insiders, including CFO Craig A. Lampo, have significantly reduced their holdings, with a total of 665,924 shares sold in the last quarter worth over $73 million.
• Amphenol's stock received favorable ratings from multiple brokerages, with price targets raised by Goldman Sachs and UBS Group, reflecting positive sentiment towards its future performance.

Strs Ohio acquired a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 362,771 shares of the electronics maker's stock, valued at approximately $23,794,000.

Several other hedge funds and other institutional investors have also modified their holdings of APH. Brighton Jones LLC raised its holdings in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC raised its holdings in Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after buying an additional 618 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Amphenol by 42.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 163,765 shares of the electronics maker's stock valued at $11,373,000 after buying an additional 49,063 shares in the last quarter. Finally, NorthRock Partners LLC raised its holdings in Amphenol by 178.4% during the fourth quarter. NorthRock Partners LLC now owns 9,254 shares of the electronics maker's stock valued at $643,000 after buying an additional 5,930 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Stock Performance

APH stock traded up $0.72 during trading on Monday, reaching $119.40. 5,744,606 shares of the stock were exchanged, compared to its average volume of 8,032,561. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $120.80. The company has a market capitalization of $145.78 billion, a P/E ratio of 47.57, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15. The stock has a 50 day simple moving average of $107.86 and a 200-day simple moving average of $88.73. 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 earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the business earned $0.44 earnings per share. The firm's revenue for the quarter 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 anticipate 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. Investors of record on Tuesday, September 16th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. Amphenol's dividend payout ratio (DPR) is 26.29%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Truist Financial raised their target price on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, July 24th. KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Finally, Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $105.62.

Insider Transactions at Amphenol

In related news, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. This trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 in the last ninety days. 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.