Amphenol Q3 Revenue Up 53.4%, EPS Beats Estimates, Raises Dividend 47%

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Amphenol reported Q3 revenue of $6.19 billion, up 53.4% year-over-year, and EPS of $0.93, beating consensus by $0.14 and set FY2025 EPS guidance at 3.26–3.28. The board raised its quarterly dividend by 47% to $0.25 per share, marking an annualized $1.00 payout.

1. Institutional Investors Expand and Rebalance Stakes

Braun Stacey Associates Inc. increased its position in Amphenol Corporation by 9.3% during the third quarter, adding 18,145 shares to bring its total to 212,571 shares valued at approximately 26.3 million. Several other major institutional moves were disclosed: Norges Bank initiated a new stake valued at 2.104 billion, UBS Asset Management Americas more than septupled its holdings to 8,758,951 shares (an increase of 7,573,750 shares) worth 574.5 million, Holocene Advisors raised its position by 201.2% to 3,867,434 shares valued at 381.9 million, Stonehage Fleming Financial Services established a new holding of 225.8 million, and Geode Capital Management lifted its stake by 8.4% to 28,513,760 shares valued at 2.804 billion after acquiring 2,217,079 additional shares. Institutional ownership now stands at 97.01%.

2. Insider Selling Intensifies

Company filings reveal that insiders have liquidated 1,063,194 shares over the past three months, generating proceeds of 148.24 million. Among the largest dispositions, director William J. Doherty sold 80,000 shares for proceeds of 11.36 million, and vice president David M. Silverman disposed of 120,000 shares for 16.94 million, reducing his personal stake by over 90% to just 12,500 shares valued at 1.76 million. Insider ownership now accounts for 1.67% of total shares outstanding, marking a notable uptick in insider sell-side activity.

3. Analyst Consensus Remains Bullish

The company has received ten Buy ratings and three Hold ratings from leading equity research firms, reflecting broad market confidence in its growth trajectory. Recent upgrades and target revisions highlight continued momentum in revenue and earnings forecasts following the latest quarterly results, which featured a 53.4% year-over-year revenue increase and an 18.2% net margin. Based on aggregated research data, the average analyst recommendation is a Moderate Buy, signaling expectations for further share appreciation as Amphenol executes on its diversified end-market strategy.

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