Norway Savings Bank decreased its position in Amphenol Corporation (NYSE:APH – Free Report) by 3.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,081 shares of the electronics maker’s stock after selling 1,850 shares during the period. Amphenol accounts for 2.5% of Norway Savings Bank’s investment portfolio, making the stock its 10th biggest holding. Norway Savings Bank’s holdings in Amphenol were worth $4,945,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hughes Financial Services LLC purchased a new stake in Amphenol in the 1st quarter valued at about $25,000. Avalon Trust Co increased its stake in Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new stake in Amphenol in the 1st quarter valued at about $28,000. Saudi Central Bank purchased a new stake in Amphenol in the 1st quarter valued at about $31,000. Finally, Ransom Advisory Ltd purchased a new stake in Amphenol in the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have commented on APH shares. Robert W. Baird increased their price objective on shares of Amphenol from $118.00 to $127.00 and gave the company an “outperform” rating in a research note on Tuesday, August 19th. UBS Group raised their price target on shares of Amphenol from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. KGI Securities began coverage on shares of Amphenol in a research note on Thursday, June 26th. They set a “hold” rating for the company. Finally, Citigroup raised their price target on shares of Amphenol from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $105.62.
Amphenol Stock Down 0.6%
APH opened at $118.71 on Friday. The company has a 50 day moving average of $107.44 and a 200 day moving average of $88.05. The company has a market cap of $144.94 billion, a PE ratio of 47.30, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $120.80. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61.
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. The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. Amphenol’s revenue for the quarter was up 56.5% on a year-over-year basis. During the same period last year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, sell-side analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is 26.29%.
Insider Buying and Selling at Amphenol
In other Amphenol news, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction on 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 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 disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock valued at $73,369,357 in the last quarter. Corporate insiders own 1.67% of the company’s stock.
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.
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