Yousif Capital Management LLC Sells 4,666 Shares of Amphenol Corporation $APH

Key Points

• Yousif Capital Management LLC sold 4,666 shares of Amphenol Corporation, reducing its holdings by 2.9% to 157,979 shares, valued at approximately $15.6 million.
• Multiple investors, including T. Rowe Price and UBS AM, significantly increased their stakes in Amphenol during the first quarter, contributing to institutional ownership of 97.01% of the company's stock.
• Analysts have mixed views on Amphenol's stock, with updates from firms like Bank of America and JPMorgan Chase suggesting upward revisions of price targets while maintaining hold to overweight ratings.

Yousif Capital Management LLC cut its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 2.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,979 shares of the electronics maker's stock after selling 4,666 shares during the period. Yousif Capital Management LLC's holdings in Amphenol were worth $15,600,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its holdings in Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after acquiring an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Amphenol by 639.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after acquiring an additional 7,573,750 shares during the period. Nuveen LLC bought a new stake in Amphenol during the first quarter valued at about $476,842,000. Wellington Management Group LLP boosted its holdings in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after acquiring an additional 5,154,860 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Bank of America upped their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the company an "outperform" rating in a research note on Friday. KGI Securities assumed coverage on shares of Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating for the company. Finally, Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Amphenol has a consensus rating of "Moderate Buy" and an average price target of $114.43.

Amphenol Stock Down 3.7%

NYSE APH opened at $121.64 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm has a 50-day simple moving average of $115.78 and a 200 day simple moving average of $96.49. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $127.50. The stock has a market cap of $148.51 billion, a PE ratio of 48.46, a PEG ratio of 1.95 and a beta of 1.17.

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

Amphenol Dividend Announcement

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

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the firm'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 transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction dated 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. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last three months. 1.67% of the stock is currently owned by company insiders.

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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