Wendell David Associates Inc. Purchases 2,490 Shares of Amphenol Corporation $APH

Key Points

• Wendell David Associates Inc. increased its stake in Amphenol Corporation by 6.4% during the second quarter, acquiring an additional 2,490 shares for a total of 41,270 shares valued at $4,075,000.
• Insider transactions revealed significant stock sales, including VP David M. Silverman selling 100,000 shares for over $11 million, marking an 88.89% reduction in his ownership.
• Amphenol recently announced a quarterly dividend of $0.165 per share, representing an annualized yield of 0.5%, with a dividend payout ratio of 26.29%.

Wendell David Associates Inc. lifted its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 6.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,270 shares of the electronics maker's stock after purchasing an additional 2,490 shares during the quarter. Wendell David Associates Inc.'s holdings in Amphenol were worth $4,075,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its position in shares of Amphenol by 1.0% during the second quarter. Mutual of America Capital Management LLC now owns 199,417 shares of the electronics maker's stock valued at $19,692,000 after purchasing an additional 1,981 shares in the last quarter. First National Bank of Hutchinson raised its stake in Amphenol by 2.1% during the second quarter. First National Bank of Hutchinson now owns 8,310 shares of the electronics maker's stock valued at $821,000 after buying an additional 167 shares during the last quarter. Quotient Wealth Partners LLC raised its stake in Amphenol by 15.2% during the second quarter. Quotient Wealth Partners LLC now owns 9,051 shares of the electronics maker's stock valued at $894,000 after buying an additional 1,193 shares during the last quarter. Cottonwood Capital Advisors LLC purchased a new position in Amphenol during the second quarter valued at $252,000. Finally, Huntleigh Advisors Inc. raised its stake in Amphenol by 1.6% during the second quarter. Huntleigh Advisors Inc. now owns 62,068 shares of the electronics maker's stock valued at $6,129,000 after buying an additional 961 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Insider Transactions at Amphenol

In related news, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction on Monday, August 25th. The stock was 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 represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock worth $73,369,357 in the last three months. 1.67% of the stock is owned by insiders.

Amphenol Stock Down 1.3%

APH stock opened at $125.73 on Friday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $128.12. The business has a fifty day moving average price of $117.40 and a 200-day moving average price of $98.31. 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 stock has a market capitalization of $153.51 billion, a P/E ratio of 50.09, a P/E/G ratio of 1.64 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted 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. The company 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%.Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Evercore ISI lifted their price objective on Amphenol from $120.00 to $150.00 and gave the company an "outperform" rating in a research note on Tuesday, October 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday, October 8th. Barclays assumed coverage on Amphenol in a research note on Wednesday, October 8th. They set an "equal weight" rating and a $120.00 price objective for the company. Citigroup reiterated a "buy" rating and set a $145.00 price objective (up previously from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Finally, Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an "outperform" rating in a research note on Friday, October 10th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $118.00.

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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