Manitou Investment Management Ltd. Sells 2,882 Shares of Amphenol Corporation $APH

Manitou Investment Management Ltd. trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 329,681 shares of the electronics maker’s stock after selling 2,882 shares during the period. Amphenol makes up approximately 6.2% of Manitou Investment Management Ltd.’s investment portfolio, making the stock its 9th largest holding. Manitou Investment Management Ltd.’s holdings in Amphenol were worth $32,556,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of APH. Vanguard Group Inc. boosted its stake in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after buying an additional 2,870,933 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Amphenol by 196.3% during the 1st 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 acquiring an additional 11,092,282 shares during the period. Wellington Management Group LLP boosted its position in 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 acquiring an additional 5,154,860 shares during the period. Invesco Ltd. boosted its position in Amphenol by 1.6% during the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock worth $603,362,000 after acquiring an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Amphenol by 639.0% during 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 worth $574,500,000 after acquiring an additional 7,573,750 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Down 3.7%

Shares of APH stock opened at $121.64 on Friday. The stock’s 50 day simple moving average is $115.78 and its 200 day simple moving average is $96.29. 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 twelve month low of $56.45 and a twelve month high of $127.50. The company has a market capitalization of $148.51 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 1.95 and a beta of 1.17.

Amphenol (NYSE:APH) last issued 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 business had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the business earned $0.44 EPS. The firm’s revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis 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 presently 26.29%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They set a “hold” rating for the company. Truist Financial raised their price target on Amphenol from $102.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research note on Friday, July 11th. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Finally, UBS Group set a $120.00 price target on Amphenol in a research note on Tuesday. 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $114.43.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a filing with the SEC, which is available 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 transaction, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company’s stock.

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.