Amphenol Corporation $APH Shares Sold by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. cut its position in Amphenol Corporation (NYSE:APH) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,482 shares of the electronics maker’s stock after selling 1,822 shares during the period. Sumitomo Life Insurance Co.’s holdings in Amphenol were worth $4,689,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of 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 valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the last quarter. Invesco Ltd. increased its position in shares of Amphenol by 1.6% in the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock valued at $603,362,000 after purchasing an additional 141,069 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of 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 valued at $574,500,000 after purchasing an additional 7,573,750 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Luc Walter sold 365,118 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,231,042 shares of company stock worth $150,616,896 in the last three months. Company insiders own 1.67% of the company’s stock.

Amphenol Trading Up 0.3%

NYSE APH opened at $139.54 on Friday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $141.72. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The company has a market capitalization of $170.80 billion, a price-to-earnings ratio of 46.51, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17. The firm’s fifty day moving average price is $122.26 and its 200 day moving average price is $103.52.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm posted $0.50 EPS. Amphenol’s revenue for the quarter was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, sell-side analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 16th. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is 33.33%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on APH. Evercore ISI increased their price objective on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Barclays assumed coverage on shares of Amphenol in a research report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective on the stock. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, UBS Group set a $152.00 target price on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.77.

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.