Conning Inc. Sells 404 Shares of Amphenol Corporation $APH

Conning Inc. reduced its position in shares of Amphenol Corporation (NYSE:APH) by 4.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,687 shares of the electronics maker’s stock after selling 404 shares during the quarter. Conning Inc.’s holdings in Amphenol were worth $858,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH bought a new position in shares of Amphenol in the second quarter valued at about $229,000. Inspire Investing LLC raised its holdings in Amphenol by 4.5% in the 2nd quarter. Inspire Investing LLC now owns 149,458 shares of the electronics maker’s stock valued at $14,759,000 after acquiring an additional 6,377 shares during the period. Drucker Wealth 3.0 LLC acquired a new stake in Amphenol during the second quarter worth approximately $312,000. Aberdeen Group plc lifted its position in Amphenol by 4.3% during the second quarter. Aberdeen Group plc now owns 982,830 shares of the electronics maker’s stock worth $97,054,000 after acquiring an additional 40,967 shares during the last quarter. Finally, PDS Planning Inc increased its stake in shares of Amphenol by 45.5% during the second quarter. PDS Planning Inc now owns 17,146 shares of the electronics maker’s stock worth $1,693,000 after purchasing an additional 5,359 shares during the period. 97.01% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the transaction, the vice president directly 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 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 stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the sale, the vice president owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Amphenol stock opened at $121.64 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 company has a market capitalization of $148.51 billion, a PE ratio of 48.46, a P/E/G ratio of 1.95 and a beta of 1.17. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $127.50. The stock has a 50-day moving average price of $115.78 and a two-hundred day moving average price of $96.29.

Amphenol (NYSE:APH) last issued its quarterly earnings data 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 business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm’s quarterly revenue was up 56.5% on a year-over-year basis. During the same quarter last year, the business earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on APH. Truist Financial upped their price objective on Amphenol from $102.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday. Citigroup reissued a “buy” rating and issued a $145.00 price objective (up previously from $125.00) on shares of Amphenol in a report on Wednesday, September 24th. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Finally, Bank of America upped their target price on Amphenol from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $114.43.

About Amphenol

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.