Osaic Holdings Inc. Has $10.24 Million Stock Holdings in Amphenol Corporation $APH

Osaic Holdings Inc. lifted its holdings in shares of Amphenol Corporation (NYSE:APH) by 10.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 103,716 shares of the electronics maker’s stock after acquiring an additional 9,879 shares during the period. Osaic Holdings Inc.’s holdings in Amphenol were worth $10,244,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in Amphenol by 8.4% during the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after purchasing an additional 2,217,079 shares during the period. Norges Bank bought a new position in shares of Amphenol during the 2nd quarter worth approximately $2,104,244,000. Franklin Resources Inc. boosted its stake in Amphenol by 13.4% in the 2nd quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker’s stock valued at $1,239,017,000 after buying an additional 1,486,105 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in 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 acquiring an additional 7,573,750 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Amphenol by 1.1% during the first quarter. Alliancebernstein L.P. now owns 8,739,553 shares of the electronics maker’s stock worth $573,227,000 after acquiring an additional 92,450 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP David M. Silverman sold 120,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by corporate insiders.

Amphenol Trading Up 4.6%

NYSE APH opened at $135.54 on Friday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The stock has a 50-day simple moving average of $135.03 and a 200 day simple moving average of $117.25. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $165.91 billion, a PE ratio of 45.18, a P/E/G ratio of 1.06 and a beta of 1.19.

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

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued a $0.25 dividend. 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 33.33%.

Analyst Ratings Changes

APH has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Truist Financial boosted their price target on shares of Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research report on Friday. Citigroup raised their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $134.08.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.