Atria Wealth Solutions Inc. Cuts Holdings in Amphenol Corporation $APH

by · The Markets Daily

Atria Wealth Solutions Inc. lessened its stake in Amphenol Corporation (NYSE:APH – Free Report) by 24.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,822 shares of the electronics maker’s stock after selling 5,028 shares during the period. Atria Wealth Solutions Inc.’s holdings in Amphenol were worth $1,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Amphenol by 1.9% in the 1st 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. T. Rowe Price Investment Management Inc. boosted its stake 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 in the last quarter. Wellington Management Group LLP boosted its stake 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 in the last quarter. Invesco Ltd. boosted its stake 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 in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake 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 in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays assumed coverage on shares of Amphenol in a research note on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective for the company. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the company from $120.00 to $150.00 in a report on Wednesday. Finally, UBS Group set a $120.00 price target on shares of Amphenol in a report on Tuesday, October 7th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $118.00.

Get Our Latest Stock Report on Amphenol

Amphenol Stock Up 1.3%

Shares of NYSE APH opened at $127.27 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. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $128.12. The firm has a market capitalization of $155.39 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of 2.01 and a beta of 1.17. The firm has a fifty day simple moving average of $117.08 and a two-hundred day simple moving average of $97.69.

Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period in the prior year, the business earned $0.44 EPS. The company’s revenue for the quarter 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 expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were issued a $0.165 dividend. The ex-dividend date 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%.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the sale, the chief financial officer directly owned 125,695 shares in the company, valued at $13,880,498.85. This represents a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last quarter. Company insiders own 1.67% of the company’s stock.

Amphenol Company Profile

(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.

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