Amphenol Corporation $APH Shares Bought by Trexquant Investment LP

Key Points

• Trexquant Investment LP increased its stake in Amphenol Corporation by 66.8%, owning a total of 265,761 shares valued at approximately $17.43 million after acquiring an additional 106,469 shares.
• Several major institutional investors have also significantly increased their holdings in Amphenol, with Bank of America Corp DE raising its position by 294% to over $24.95 million shares.
• Amphenol announced a quarterly dividend of $0.165 per share, representing a 0.6% dividend yield, with an ex-dividend date set for September 16.

Trexquant Investment LP boosted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 66.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 265,761 shares of the electronics maker's stock after purchasing an additional 106,469 shares during the period. Trexquant Investment LP's holdings in Amphenol were worth $17,431,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Perigon Wealth Management LLC boosted its holdings in Amphenol by 29.4% in the first quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after purchasing an additional 3,964 shares during the last quarter. Raiffeisen Bank International AG purchased a new position in Amphenol in the fourth quarter valued at about $13,847,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Amphenol by 46.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after purchasing an additional 22,293 shares during the last quarter. Transcend Capital Advisors LLC boosted its holdings in Amphenol by 14.4% in the first quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock valued at $295,000 after purchasing an additional 568 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Amphenol by 4.2% in the first quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock valued at $4,061,000 after purchasing an additional 2,514 shares during the last quarter. Hedge funds and other 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 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 owned 125,695 shares in the company, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Luc Walter sold 286,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total value of $26,148,980.00. Following the transaction, the insider owned 451,790 shares of the company's stock, valued at $41,307,159.70. This trade represents a 38.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 951,924 shares of company stock worth $99,518,337 in the last ninety days. 1.67% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on APH shares. KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. UBS Group increased their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Finally, Robert W. Baird increased their target price on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Stock Performance

NYSE:APH traded down $3.09 during midday trading on Friday, reaching $108.85. 6,200,801 shares of the company traded hands, compared to its average volume of 6,959,036. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $112.35. The firm has a market capitalization of $132.90 billion, a price-to-earnings ratio of 43.37, a price-to-earnings-growth ratio of 1.75 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The company has a fifty day moving average price of $104.23 and a 200 day moving average price of $85.15.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is 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.