Sumitomo Mitsui DS Asset Management Company Ltd Increases Stock Position in Amphenol Corporation $APH

Key Points

• Sumitomo Mitsui DS Asset Management increased its stake in Amphenol Corporation by 1.2%, owning 264,111 shares valued at approximately $26.08 million as of the latest SEC filing.
• Multiple large investors, such as T. Rowe Price and UBS, have significantly increased their holdings in Amphenol, with T. Rowe Price's stake growing by 196.3% and UBS's by 639% in the first quarter.
• Amphenol's recent earnings report exceeded analysts' expectations, with $5.65 billion in revenue and $0.81 EPS, marking a 56.5% increase in revenue year-over-year.

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,111 shares of the electronics maker's stock after purchasing an additional 3,162 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Amphenol were worth $26,081,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of APH. Brighton Jones LLC grew its stake in shares of 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 acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of 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 acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its stake in shares of 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 acquiring an additional 618 shares in the last quarter. Vident Advisory LLC grew its stake in shares of Amphenol by 6.4% in the 4th quarter. Vident Advisory LLC now owns 49,483 shares of the electronics maker's stock worth $3,437,000 after acquiring an additional 2,975 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC bought a new stake in shares of Amphenol in the 4th quarter worth $19,381,000. Institutional investors own 97.01% of the company's stock.

Insiders Place Their Bets

In related news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction 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 completion of the sale, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Craig A. Lampo sold 40,076 shares of the firm's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. The trade was a 50.12% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. Insiders own 1.67% of the company's stock.

Wall Street Analyst Weigh In

APH has been the subject of several recent analyst reports. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. Wall Street Zen lowered shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Robert W. Baird increased their price target on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday, August 19th. Bank of America increased their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Finally, KGI Securities began coverage on shares of Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Trading Up 1.7%

Shares of Amphenol stock traded up $2.13 on Friday, hitting $124.20. The stock had a trading volume of 15,836,325 shares, compared to its average volume of 8,418,983. 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 one year low of $56.45 and a one year high of $124.39. The stock has a market cap of $151.64 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 1.99 and a beta of 1.15. The stock's 50-day simple moving average is $109.68 and its two-hundred day simple moving average is $90.15.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same quarter last year, the business earned $0.44 earnings per share. The business's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side 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. Investors of record on Tuesday, September 16th will be paid a $0.165 dividend. 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 0.5%. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

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.