Braun Stacey Adds 18,145 Amphenol Shares While Delta Cuts Stake 43.1%
Braun Stacey Associates Inc increased its Amphenol stake by 9.3%, acquiring 18,145 shares to hold 212,571 shares valued at $26.3 million. Meanwhile, Delta Investment Management trimmed its position by 43.1%, selling 6,560 shares to hold 8,660 shares worth $1.07 million at quarter-end.
1. Braun Stacey Associates Increases APH Stake
Braun Stacey Associates Inc. expanded its position in Amphenol Corporation during the third quarter, acquiring an additional 18,145 shares to bring its total holdings to 212,571 shares. According to the firm’s latest SEC filing, those shares represented approximately $26.3 million in value at the time of the report. This 9.3% increase underscores Braun Stacey’s confidence in Amphenol’s growth trajectory and cash‐flow generation capabilities.
2. Major Institutions Adjust Holdings
Several large investors made significant moves in the period. Norges Bank initiated a new position valued at $2.10 billion in the second quarter. UBS Asset Management’s A Distinct Business Unit grew its stake by 639%, ending the first quarter with 8.76 million shares worth $574.5 million. Holocene Advisors more than tripled its position to 3.87 million shares ($381.9 million), while Stonehage Fleming Financial Services established a new holding at $225.8 million. Geode Capital Management also added 2.22 million shares, bringing its total to 28.51 million shares ($2.80 billion). Collectively, institutional investors now own 97.01% of Amphenol’s outstanding shares.
3. Insider Sales and Ownership Levels
Insider selling remained elevated over the past three months, with Chief Development Officer William J. Doherty disposing of 80,000 shares for proceeds of $11.36 million, and Vice President David M. Silverman selling 120,000 shares for $16.94 million. Total insider sales reached 1,063,194 shares worth $148.24 million during the period. Insiders currently hold just 1.67% of the company’s shares, marking a significant reduction from prior levels.
4. Strong Q3 Results and 2025 Outlook
In its third‐quarter report, Amphenol delivered $0.93 earnings per share, surpassing consensus by $0.14, on revenues of $6.19 billion versus street estimates of $5.54 billion. The company posted a net margin of 18.22% and a return on equity of 33.46%, while year‐over‐year sales jumped 53.4%. Management issued guidance for full‐year 2025 EPS in the range of 3.260 to 3.280 and Q4 EPS between 0.890 and 0.910. These figures reflect continued strength across end markets and underpin the firm’s commitment to profitable expansion.
5. Dividend Hike Signals Confidence
Amphenol announced a quarterly dividend of $0.25 per share, up from $0.17, representing an annualized payout of $1.00 and a dividend yield of 0.7%. The dividend, payable January 7 to shareholders of record December 16, translates to a payout ratio of 33.33%, highlighting the board’s confidence in sustainable free-cash-flow generation and balanced capital allocation.