OFI Invest Asset Management grew its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 54.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,572 shares of the electronics maker’s stock after acquiring an additional 551 shares during the period. OFI Invest Asset Management’s holdings in Amphenol were worth $155,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of 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 in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Amphenol by 196.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after buying an additional 11,092,282 shares in the last quarter. Wellington Management Group LLP increased its holdings in Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after buying an additional 5,154,860 shares in the last quarter. Invesco Ltd. increased its holdings in Amphenol by 1.6% in the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock worth $603,362,000 after buying an additional 141,069 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Amphenol by 639.0% in the 1st 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 worth $574,500,000 after buying an additional 7,573,750 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on APH shares. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Citigroup reiterated a “buy” rating and issued a $145.00 price objective (up from $125.00) on shares of Amphenol in a report on Wednesday, September 24th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. The Goldman Sachs Group set a $139.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Monday, September 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus target price of $114.43.
Insiders Place Their Bets
In related news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. This represents a 56.69% 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 90 days. 1.67% of the stock is currently owned by company insiders.
Amphenol Trading Down 3.7%
Amphenol stock opened at $121.64 on Monday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $127.50. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market cap of $148.51 billion, a P/E ratio of 48.46, a P/E/G ratio of 1.95 and a beta of 1.17. The business has a 50-day simple moving average of $115.78 and a two-hundred day simple moving average of $96.49.
Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.01 billion. During the same period in the previous year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. Amphenol’s payout ratio is currently 26.29%.
Amphenol 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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