Amphenol Corporation $APH Shares Sold by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC decreased its position in shares of Amphenol Corporation (NYSE:APH) by 7.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,005 shares of the electronics maker’s stock after selling 1,727 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Amphenol were worth $1,975,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hughes Financial Services LLC purchased a new stake in Amphenol in the first quarter valued at approximately $25,000. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the 2nd quarter worth approximately $25,000. Avalon Trust Co raised its holdings in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol in the 1st quarter worth about $28,000. Finally, Saudi Central Bank bought a new position in shares of Amphenol during the first quarter valued at approximately $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on APH shares. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Evercore ISI raised their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They issued a “hold” rating on the stock. Truist Financial boosted their price target on Amphenol from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Finally, Barclays initiated coverage on Amphenol in a report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $118.00.

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 stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction dated 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. Over the last 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by corporate insiders.

Amphenol Stock Down 1.3%

Shares of APH opened at $125.73 on Monday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $128.12. 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 stock has a fifty day moving average of $117.40 and a 200-day moving average of $98.56. The stock has a market capitalization of $153.51 billion, a price-to-earnings ratio of 50.09, a PEG ratio of 1.64 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion for 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%. The business’s revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

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.