Texas Capital Bank Wealth Management Services Inc Makes New Investment in Amphenol Corporation $APH

Key Points

• Texas Capital Bank Wealth Management Services Inc has acquired a new position in Amphenol Corporation, purchasing 3,222 shares valued at approximately $211,000 during the 1st quarter.
• Amphenol experienced significant insider trading, with Luc Walter and VP Lance E. D'amico each selling substantial amounts of shares recently, indicating a 38.76% and 56.69% decrease in their ownership, respectively.
• Several brokerages have recently adjusted their ratings on Amphenol, with price targets now ranging from $115.00 to $127.00, reflecting a generally positive outlook with the stock rated as a "Moderate Buy."

Texas Capital Bank Wealth Management Services Inc purchased a new position in Amphenol Corporation (NYSE:APH - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,222 shares of the electronics maker's stock, valued at approximately $211,000.

Several other institutional investors have also added to or reduced their stakes in APH. Hughes Financial Services LLC bought a new position in Amphenol in the first quarter worth approximately $25,000. Avalon Trust Co increased its stake in shares of Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Amphenol in the first quarter worth $28,000. SouthState Corp purchased a new stake in shares of Amphenol in the first quarter worth $36,000. Finally, Global X Japan Co. Ltd. purchased a new stake in shares of Amphenol in the first quarter worth $44,000. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Luc Walter sold 286,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $91.43, for a total value of $26,148,980.00. Following the sale, the insider owned 451,790 shares in the company, valued at approximately $41,307,159.70. The trade was a 38.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 912,000 shares of company stock valued at $88,763,320 in the last three months. Corporate insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on APH. Robert W. Baird increased their price objective on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research note on Tuesday. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research note on Friday, July 11th. Citigroup increased their price objective on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, Bank of America increased their price objective on shares of Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Price Performance

Shares of NYSE:APH opened at $109.8860 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm has a fifty day moving average price of $101.61 and a 200 day moving average price of $82.83. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $112.35. The firm has a market cap of $134.16 billion, a price-to-earnings ratio of 43.78, a P/E/G ratio of 1.78 and a beta of 1.13.

Amphenol (NYSE:APH - Get Free Report) last issued 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 net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. Amphenol's revenue for the quarter 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 expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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 given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is currently 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.

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