Amphenol Corporation $APH Shares Bought by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP significantly increased its stake in Amphenol Corporation by 73.7%, holding 108,918 shares worth approximately $7.14 million at the end of the first quarter.
• Several other hedge funds have also increased their investments in Amphenol, with institutional investors collectively owning 97.01% of the company's stock.
• Amphenol has set a quarterly dividend of $0.165 per share, with an annualized dividend yield of 0.6%, reflecting a steady growth strategy.

Voleon Capital Management LP lifted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 73.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,918 shares of the electronics maker's stock after buying an additional 46,218 shares during the quarter. Voleon Capital Management LP's holdings in Amphenol were worth $7,144,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in Amphenol by 40.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,732,690 shares of the electronics maker's stock worth $507,187,000 after purchasing an additional 2,211,338 shares in the last quarter. Kestra Investment Management LLC lifted its stake in Amphenol by 154.1% during the 1st quarter. Kestra Investment Management LLC now owns 836 shares of the electronics maker's stock valued at $55,000 after acquiring an additional 507 shares during the period. Knightsbridge Asset Management LLC lifted its stake in shares of Amphenol by 3.4% in the 1st quarter. Knightsbridge Asset Management LLC now owns 29,959 shares of the electronics maker's stock worth $1,965,000 after purchasing an additional 978 shares during the period. Temasek Holdings Private Ltd lifted its stake in shares of Amphenol by 1,076.5% in the 1st quarter. Temasek Holdings Private Ltd now owns 249,944 shares of the electronics maker's stock worth $16,394,000 after purchasing an additional 228,699 shares during the period. Finally, USS Investment Management Ltd lifted its stake in shares of Amphenol by 2.0% in the 1st quarter. USS Investment Management Ltd now owns 249,179 shares of the electronics maker's stock worth $16,345,000 after purchasing an additional 4,872 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup increased their target price on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. The Goldman Sachs Group reissued a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Robert W. Baird lifted 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, August 19th. Finally, KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Insider Transactions at Amphenol

In other 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 transaction of $11,060,000.00. Following the sale, the vice president 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 665,924 shares of company stock worth $73,369,357. Company insiders own 1.67% of the company's stock.

Amphenol Stock Performance

NYSE APH traded down $0.76 during trading hours on Friday, reaching $118.71. The stock had a trading volume of 6,356,868 shares, compared to its average volume of 8,467,759. The stock has a fifty day moving average of $107.06 and a 200 day moving average of $87.68. The stock has a market cap of $144.94 billion, a P/E ratio of 47.30, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $120.80. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.

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, topping the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter in the prior year, the firm posted $0.44 EPS. The business's quarterly revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Sell-side analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be issued a $0.165 dividend. The ex-dividend date 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 (DPR) is presently 26.29%.

Amphenol Company 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.