Amphenol Corporation $APH Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 3.1% during the second quarter, Holdings Channel reports. The institutional investor owned 23,965 shares of the electronics maker’s stock after selling 754 shares during the period. Cidel Asset Management Inc.’s holdings in Amphenol were worth $2,367,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of 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 acquiring an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Amphenol by 196.3% during the first 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 purchasing an additional 11,092,282 shares during the last quarter. Wellington Management Group LLP boosted its position in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Invesco Ltd. grew its holdings in Amphenol by 1.6% in the first 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 during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Amphenol by 639.0% in the first 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 buying an additional 7,573,750 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Performance

Shares of NYSE APH opened at $125.73 on Friday. The company has a 50-day simple moving average of $117.40 and a 200-day simple moving average of $98.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The company has a market cap of $153.51 billion, a PE ratio of 50.09, a price-to-earnings-growth ratio of 1.64 and a beta of 1.17. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $128.12.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion for 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%. Amphenol’s revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on APH shares. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. Citigroup reiterated a “buy” rating and issued a $145.00 price target (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Evercore ISI raised their price objective on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $118.00.

Insiders Place Their Bets

In other news, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David M. Silverman sold 100,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by company insiders.

Amphenol 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.