Thurston Springer Miller Herd & Titak Inc. Has $2.74 Million Stock Position in Amphenol Corporation $APH

Key Points

• Thurston Springer Miller Herd & Titak Inc. increased its stake in Amphenol Corporation by 25.5%, now holding a total of 27,711 shares worth approximately $2.74 million.
• A significant portion of Amphenol’s stock, 97.01%, is owned by institutional investors, with multiple firms, including Swedbank AB and Voya Investment Management LLC, enhancing their positions in the company.
• Amphenol recently reported a quarterly EPS of $0.81, exceeding expectations, and announced a dividend of $0.165 per share, set to be paid on October 8th.

Thurston Springer Miller Herd & Titak Inc. grew its position in Amphenol Corporation (NYSE:APH - Free Report) by 25.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,711 shares of the electronics maker's stock after acquiring an additional 5,630 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Amphenol were worth $2,736,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of APH. Fiduciary Financial Group LLC raised its position in Amphenol by 8.5% in the 2nd quarter. Fiduciary Financial Group LLC now owns 4,502 shares of the electronics maker's stock worth $438,000 after purchasing an additional 352 shares during the last quarter. City Center Advisors LLC bought a new position in Amphenol in the 2nd quarter worth approximately $482,000. AG2R LA Mondiale Gestion D Actifs bought a new position in Amphenol in the 1st quarter worth approximately $2,971,000. Swedbank AB raised its position in Amphenol by 10.4% in the 1st quarter. Swedbank AB now owns 4,748,252 shares of the electronics maker's stock worth $311,438,000 after purchasing an additional 448,000 shares during the last quarter. Finally, Voya Investment Management LLC raised its position in Amphenol by 2.4% in the 1st quarter. Voya Investment Management LLC now owns 4,922,602 shares of the electronics maker's stock worth $322,873,000 after purchasing an additional 113,399 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Analyst Upgrades and Downgrades

APH has been the subject of several recent research reports. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Bank of America upped their target price 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. KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research report on Friday, July 11th. Finally, JPMorgan Chase & Co. upped their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Price Performance

APH opened at $118.71 on Friday. 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 12 month low of $56.45 and a 12 month high of $120.80. The company has a fifty day simple moving average of $107.44 and a 200 day simple moving average of $88.20. The stock has a market cap of $144.94 billion, a P/E ratio of 47.30, a P/E/G ratio of 1.91 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating 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 prior year, the company earned $0.44 EPS. The firm's quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently announced 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 0.6%. Amphenol's dividend payout ratio is presently 26.29%.

Insider Activity at Amphenol

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

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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