Amphenol Corporation $APH Shares Sold by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd lessened its holdings in Amphenol Corporation (NYSE:APH) by 61.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 96,080 shares of the electronics maker’s stock after selling 153,864 shares during the period. Temasek Holdings Private Ltd’s holdings in Amphenol were worth $9,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of APH. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol during the second quarter valued at about $25,000. Howard Hughes Medical Institute purchased a new stake in Amphenol in the second quarter valued at approximately $26,000. Hilltop National Bank acquired a new position in Amphenol during the second quarter worth $35,000. Saudi Central Bank purchased a new position in shares of Amphenol during the first quarter worth $31,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Amphenol in the first quarter valued at $33,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Trading Down 0.0%

NYSE:APH opened at $139.45 on Monday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. The stock has a market cap of $170.70 billion, a P/E ratio of 46.48, a P/E/G ratio of 1.10 and a beta of 1.19. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a 50-day simple moving average of $133.04 and a 200-day simple moving average of $114.26.

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

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s payout ratio is 22.00%.

Insider Activity

In related news, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president directly owned 76,400 shares of the company’s stock, valued at $10,696,764. This represents a 61.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Luc Walter sold 365,118 shares of Amphenol 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 directly owned 433,742 shares in the company, valued at approximately $58,403,360.30. This trade represents a 45.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,063,194 shares of company stock worth $148,244,445 over the last three months. Company insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on APH shares. Evercore ISI raised their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Truist Financial raised their price objective on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. boosted their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

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.