Woodline Partners LP Grows Position in Amphenol Corporation $APH

Key Points

• Woodline Partners LP significantly increased its stake in Amphenol Corporation by 10,042.3%, acquiring a total of 457,723 shares valued at approximately $30.02 million in Q1.
• Amphenol reported earnings of $0.81 per share in its last quarter, exceeding analysts' expectations, with revenue reaching $5.65 billion, a 56.5% increase year-over-year.
• The company has received multiple target price upgrades from analysts, with a consensus target of $105.62 and several firms giving "buy" ratings.

Woodline Partners LP increased its position in Amphenol Corporation (NYSE:APH - Free Report) by 10,042.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 457,723 shares of the electronics maker's stock after purchasing an additional 453,210 shares during the period. Woodline Partners LP's holdings in Amphenol were worth $30,022,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after acquiring an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after acquiring an additional 4,721 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after acquiring an additional 618 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Amphenol by 5.2% in the fourth quarter. Focus Partners Wealth now owns 133,461 shares of the electronics maker's stock worth $9,279,000 after acquiring an additional 6,573 shares during the last quarter. Finally, Jefferies Financial Group Inc. grew its stake in shares of Amphenol by 14.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 17,936 shares of the electronics maker's stock worth $1,246,000 after acquiring an additional 2,260 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on APH. UBS Group increased their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Robert W. Baird increased their target price on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 19th. JPMorgan Chase & Co. upped their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Truist Financial upped their price target on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Stock Performance

APH stock traded down $0.76 during trading on Friday, reaching $118.71. The stock had a trading volume of 6,358,068 shares, compared to its average volume of 8,041,405. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $120.80. The stock's 50 day moving average is $107.44 and its two-hundred day moving average is $88.05. 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 firm has a market cap of $144.94 billion, a PE ratio of 47.30, a PEG ratio of 1.91 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.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 company earned $0.44 earnings per share. Amphenol's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

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

Insider Buying and Selling

In other news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction dated 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 transaction, the vice president owned 12,500 shares of the company's stock, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 over the last ninety days. 1.67% of the stock is owned by corporate insiders.

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.