Cox Capital Mgt LLC Has $3.18 Million Stake in Amphenol Corporation $APH

Cox Capital Mgt LLC trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 3.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 32,217 shares of the electronics maker’s stock after selling 1,280 shares during the period. Amphenol comprises about 2.2% of Cox Capital Mgt LLC’s portfolio, making the stock its 19th biggest holding. Cox Capital Mgt LLC’s holdings in Amphenol were worth $3,181,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. increased its stake in shares of Amphenol by 196.3% in 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Amphenol by 639.0% in the first 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 purchasing an additional 7,573,750 shares during the period. Nuveen LLC acquired a new stake in Amphenol during the first quarter worth about $476,842,000. Wellington Management Group LLP grew its position in Amphenol by 73.5% during the first 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. Finally, Vanguard Group Inc. grew its position in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after buying an additional 2,870,933 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Down 0.7%

NYSE APH opened at $122.25 on Friday. 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 moving average is $111.54 and its two-hundred day moving average is $91.66. The company has a market capitalization of $149.25 billion, a price-to-earnings ratio of 48.70, a PEG ratio of 1.97 and a beta of 1.15. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $126.06.

Amphenol (NYSE:APH) last released 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 company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The company’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. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol’s payout ratio is 26.29%.

Insider Activity

In other news, CFO Craig A. Lampo sold 199,848 shares of Amphenol stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, the vice president 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Robert W. Baird lifted their target price on Amphenol from $118.00 to $127.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Citigroup reissued a “buy” rating and set a $145.00 target price (up from $125.00) on shares of Amphenol in a research report on Wednesday. The Goldman Sachs Group reissued a “buy” rating on shares of Amphenol in a research report on Friday, July 11th. Finally, KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They set a “hold” rating on the stock. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $107.15.

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.