TD Asset Management Inc Sells 46,486 Shares of Amphenol Corporation $APH

TD Asset Management Inc trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 1.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,979,104 shares of the electronics maker’s stock after selling 46,486 shares during the quarter. TD Asset Management Inc owned 0.25% of Amphenol worth $294,187,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hughes Financial Services LLC bought a new stake in shares of Amphenol in the 1st quarter valued at $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol in the 2nd quarter valued at $25,000. Avalon Trust Co boosted its stake in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol in the 1st quarter valued at $28,000. Finally, Saudi Central Bank bought a new stake in shares of Amphenol in the 1st quarter valued at $31,000. 97.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the topic of a number of analyst reports. Wall Street Zen lowered 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 $120.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the company an “outperform” rating in a research report on Friday. Barclays started coverage on shares of Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 target price on the stock. Finally, The Goldman Sachs Group set a $139.00 target price on shares of Amphenol and gave the company a “buy” rating in a research report on Monday, September 29th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.43.

Amphenol Stock Performance

APH opened at $123.86 on Tuesday. 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’s fifty day moving average price is $116.08 and its two-hundred day moving average price is $96.89. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $127.50. The company has a market cap of $151.23 billion, a price-to-earnings ratio of 49.35, a PEG ratio of 1.95 and a beta of 1.17.

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, 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 firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the company posted $0.44 earnings per share. The business’s revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.165 per share. 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 presently 26.29%.

Insider Buying and Selling 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 transaction of $12,304,570.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the company’s stock in a transaction on 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 transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company’s stock.

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.