DnB Asset Management AS Decreases Stake in Amphenol Corporation $APH

DnB Asset Management AS reduced its stake in shares of Amphenol Corporation (NYSE:APH) by 19.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 588,749 shares of the electronics maker’s stock after selling 138,207 shares during the quarter. DnB Asset Management AS’s holdings in Amphenol were worth $38,616,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. T. Rowe Price Investment Management Inc. boosted its position 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 worth $1,098,190,000 after purchasing an additional 11,092,282 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Amphenol in the first quarter valued at about $476,842,000. Wellington Management Group LLP increased its stake in shares of Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Amphenol by 118.4% during the 4th quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker’s stock worth $503,975,000 after purchasing an additional 3,933,269 shares during the last quarter. Finally, Mackenzie Financial Corp grew its holdings in Amphenol by 108.9% during the 4th quarter. Mackenzie Financial Corp now owns 5,564,252 shares of the electronics maker’s stock valued at $386,437,000 after buying an additional 2,900,024 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Amphenol

In related news, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction dated 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 owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. This trade represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Amphenol Trading Up 1.2%

Shares of NYSE APH opened at $110.59 on Thursday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $112.35. The company has a market cap of $135.02 billion, a price-to-earnings ratio of 44.06, a price-to-earnings-growth ratio of 1.75 and a beta of 1.15. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The stock’s 50 day simple moving average is $105.05 and its 200 day simple moving average is $85.76.

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

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol’s dividend payout ratio (DPR) is 26.29%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on APH. The Goldman Sachs Group restated a “buy” rating on shares of Amphenol in a research report on Friday, July 11th. Evercore ISI lifted their target price on shares of Amphenol from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 18th. UBS Group lifted their price target on Amphenol from $115.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Bank of America increased their target price on Amphenol from $110.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Finally, Robert W. Baird upped their price target on shares of Amphenol from $118.00 to $127.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $105.62.

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.