New York State Teachers Retirement System Grows Position in Amphenol Corporation $APH

by · The Cerbat Gem

New York State Teachers Retirement System lifted its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 896,380 shares of the electronics maker’s stock after purchasing an additional 12,884 shares during the quarter. New York State Teachers Retirement System’s holdings in Amphenol were worth $88,518,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of APH. Hughes Financial Services LLC purchased a new position in shares of Amphenol during the 1st quarter worth $25,000. Opal Wealth Advisors LLC purchased a new position in Amphenol during the 2nd quarter valued at about $25,000. Avalon Trust Co boosted its holdings in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares during the period. N.E.W. Advisory Services LLC purchased a new position in Amphenol during the 1st quarter valued at about $28,000. Finally, Saudi Central Bank purchased a new position in Amphenol during the 1st quarter valued at about $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the company from $120.00 to $150.00 in a report on Wednesday. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Finally, KGI Securities initiated coverage on Amphenol in a report on Thursday, June 26th. They set a “hold” rating for the company. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $116.57.

View Our Latest Research Report on APH

Insiders Place Their Bets

In other 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 of the company’s stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the sale, the chief financial officer directly owned 39,884 shares in the company, valued at $4,409,575.04. This trade represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 over the last 90 days. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of NYSE APH opened at $125.81 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $127.50. The firm has a market capitalization of $153.60 billion, a PE ratio of 50.12, a price-to-earnings-growth ratio of 1.97 and a beta of 1.17. The stock’s 50-day simple moving average is $116.71 and its 200-day simple moving average is $97.26.

Amphenol (NYSE:APH – Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter last year, the company 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. As a group, equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

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

About Amphenol

(Free Report)

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.

See Also

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