Turtle Creek Wealth Advisors LLC Buys 5,296 Shares of Amphenol Corporation $APH

Key Points

• Turtle Creek Wealth Advisors LLC increased its stake in Amphenol Corporation by 5.6%, acquiring an additional 5,296 shares, bringing its total ownership to 100,245 shares valued at approximately $9.9 million.
• Amphenol's quarterly earnings report revealed earnings per share of $0.81, exceeding estimates significantly, with revenue reaching $5.65 billion, a 56.5% increase year-over-year.
• Insider selling activity saw significant transactions, with a vice president selling 100,000 shares for about $11 million, as part of broader insider sales exceeding 665,924 shares in the past ninety days.

Turtle Creek Wealth Advisors LLC grew its stake in Amphenol Corporation (NYSE:APH - Free Report) by 5.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,245 shares of the electronics maker's stock after acquiring an additional 5,296 shares during the period. Amphenol accounts for approximately 1.2% of Turtle Creek Wealth Advisors LLC's holdings, making the stock its 22nd largest position. Turtle Creek Wealth Advisors LLC's holdings in Amphenol were worth $9,899,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. New York State Teachers Retirement System grew its holdings in shares of Amphenol by 1.5% in the 2nd quarter. New York State Teachers Retirement System now owns 896,380 shares of the electronics maker's stock valued at $88,518,000 after acquiring an additional 12,884 shares in the last quarter. Generali Asset Management SPA SGR grew its holdings in Amphenol by 12.1% during the second quarter. Generali Asset Management SPA SGR now owns 74,808 shares of the electronics maker's stock worth $7,387,000 after purchasing an additional 8,085 shares during the period. Ritholtz Wealth Management grew its holdings in Amphenol by 94.8% during the second quarter. Ritholtz Wealth Management now owns 17,166 shares of the electronics maker's stock worth $1,695,000 after purchasing an additional 8,355 shares during the period. Harbour Investments Inc. grew its holdings in Amphenol by 1,908.8% during the second quarter. Harbour Investments Inc. now owns 12,153 shares of the electronics maker's stock worth $1,200,000 after purchasing an additional 11,548 shares during the period. Finally, AEGON ASSET MANAGEMENT UK Plc grew its holdings in Amphenol by 6.7% during the second quarter. AEGON ASSET MANAGEMENT UK Plc now owns 236,913 shares of the electronics maker's stock worth $23,388,000 after purchasing an additional 14,849 shares during the period. Institutional investors own 97.01% of the company's stock.

Insider Buying and Selling

In related news, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. The Goldman Sachs Group set a $139.00 price target on Amphenol and gave the stock a "buy" rating in a report on Monday, September 29th. Citigroup reiterated a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a report on Wednesday, September 24th. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a report on Tuesday, October 7th. KGI Securities initiated coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating for the company. Finally, Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $116.57.

Amphenol Trading Up 2.6%

Shares of APH stock opened at $125.81 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The stock has a market cap of $153.60 billion, a P/E ratio of 50.12, a price-to-earnings-growth ratio of 1.97 and a beta of 1.17. The stock has a 50 day simple moving average of $116.71 and a 200 day simple moving average of $97.26. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $127.50.

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

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 16th. Amphenol's payout ratio is 26.29%.

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.

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