UniSuper Management Pty Ltd Raises Position in Amphenol Corporation $APH

Key Points

• UniSuper Management Pty Ltd increased its stake in Amphenol Corporation by 6.7%, owning 245,393 shares valued at approximately $16.1 million at the end of the first quarter.
• Wall Street analysts have a positive outlook for Amphenol, with recommendations for a buy rating from several brokerages and target prices ranging from $110.00 to $125.00.
• Amphenol recently announced a quarterly dividend of $0.165 per share, with an ex-dividend date on September 16, offering a dividend yield of 0.6%.

UniSuper Management Pty Ltd grew its position in Amphenol Corporation (NYSE:APH - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 245,393 shares of the electronics maker's stock after acquiring an additional 15,480 shares during the period. UniSuper Management Pty Ltd's holdings in Amphenol were worth $16,095,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hughes Financial Services LLC purchased a new stake in shares of Amphenol in the first quarter valued at about $25,000. Avalon Trust Co boosted its holdings in shares of Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after acquiring 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 valued at about $28,000. Saudi Central Bank purchased a new stake in shares of Amphenol in the first quarter valued at about $31,000. Finally, SouthState Corp purchased a new stake in shares of Amphenol in the first quarter valued at about $36,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on APH. Evercore ISI upped their target price on shares of Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. Citigroup lifted their price target on shares of Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research report on Friday, July 11th. Finally, Bank of America lifted 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. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Stock Down 2.0%

Shares of NYSE APH opened at $110.51 on Monday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $113.69. The company has a market capitalization of $134.93 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 1.77 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 firm's 50-day moving average is $105.61 and its two-hundred day moving average is $86.59.

Amphenol (NYSE:APH - Get Free Report) last announced 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. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The company's revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

Insider Activity

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The shares were 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 directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. The disclosure for this sale can be found here. In the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company's stock.

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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