Mitchell Capital Management Co. Sells 6,777 Shares of Amphenol Corporation $APH

Mitchell Capital Management Co. lowered its position in shares of Amphenol Corporation (NYSE:APH) by 13.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,685 shares of the electronics maker’s stock after selling 6,777 shares during the quarter. Mitchell Capital Management Co.’s holdings in Amphenol were worth $4,514,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tranquility Partners LLC increased its holdings in shares of Amphenol by 0.8% in the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after acquiring an additional 107 shares in the last quarter. EWA LLC increased its holdings in shares of Amphenol by 2.3% in the second quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after acquiring an additional 115 shares in the last quarter. Mather Group LLC. boosted its position in shares of Amphenol by 0.5% during the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock worth $2,261,000 after buying an additional 118 shares during the period. Independent Advisor Alliance boosted its position in shares of Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock worth $471,000 after buying an additional 122 shares during the period. Finally, Traveka Wealth LLC boosted its position in shares of Amphenol by 3.9% during the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker’s stock worth $324,000 after buying an additional 123 shares during the period. Institutional investors own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In other news, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the transaction, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the 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 disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock worth $73,369,357 in the last ninety days. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Performance

APH opened at $121.64 on Monday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $127.50. The stock has a market cap of $148.51 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 1.95 and a beta of 1.17. The business has a 50 day moving average of $115.78 and a 200-day moving average of $96.49. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. The company had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm’s quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on APH shares. UBS Group set a $120.00 price objective on Amphenol in a research report on Tuesday, October 7th. Citigroup reaffirmed a “buy” rating and set a $145.00 price objective (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Truist Financial upped their price objective on Amphenol from $102.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $114.43.

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.