Keybank National Association OH Has $97.24 Million Holdings in Amphenol Corporation $APH

Keybank National Association OH decreased its stake in shares of Amphenol Corporation (NYSE:APH) by 10.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 984,751 shares of the electronics maker’s stock after selling 114,374 shares during the period. Keybank National Association OH’s holdings in Amphenol were worth $97,244,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in APH. Vanguard Group Inc. increased its holdings in Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Amphenol by 196.3% in the first 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 position in shares of 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 buying an additional 5,154,860 shares during the period. Invesco Ltd. grew its holdings in shares of Amphenol by 1.6% during the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock worth $603,362,000 after buying an additional 141,069 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in 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 buying an additional 7,573,750 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the subject of a number of recent research reports. Evercore ISI upped their price target on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research report on Friday, July 11th. UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Barclays began coverage on shares of Amphenol in a research report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price for the company. Finally, Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Price Performance

NYSE:APH opened at $139.68 on Thursday. The stock’s 50 day moving average price is $121.05 and its two-hundred day moving average price is $102.48. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $141.72. The firm has a market capitalization of $170.98 billion, a price-to-earnings ratio of 46.56, a P/E/G ratio of 1.55 and a beta of 1.17. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is 22.00%.

Insider Activity at Amphenol

In other news, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the transaction, the insider owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 sale, the vice president directly 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 is available in the SEC filing. Over the last quarter, insiders have sold 1,031,042 shares of company stock valued at $122,532,496. 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.