Atlas Capital Advisors Inc. purchased a new position in Amphenol Corporation (NYSE:APH – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,342 shares of the electronics maker’s stock, valued at approximately $452,000.
Several other institutional investors and hedge funds have also bought and sold shares of APH. Riggs Asset Managment Co. Inc. grew its holdings in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Tucker Asset Management LLC purchased a new position in Amphenol in the fourth quarter worth $26,000. Board of the Pension Protection Fund purchased a new position in Amphenol in the fourth quarter worth $27,000. Lloyd Advisory Services LLC. purchased a new position in Amphenol in the fourth quarter worth $29,000. Finally, Tacita Capital Inc grew its holdings in Amphenol by 145.6% in the fourth quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 131 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. BNP Paribas Exane lifted their price target on shares of Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a report on Thursday, May 28th. Wall Street Zen downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays reiterated an “overweight” rating and set a $198.00 price objective on shares of Amphenol in a research note on Monday, June 8th. Finally, Citigroup reiterated a “buy” rating and set a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $178.07.
Insider Transactions at Amphenol
In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 130,775 shares of company stock worth $18,709,350 in the last three months. Insiders own 1.42% of the company’s stock.
Amphenol Trading Up 3.3%
NYSE:APH opened at $158.94 on Tuesday. Amphenol Corporation has a 12 month low of $92.22 and a 12 month high of $167.04. The firm has a fifty day simple moving average of $140.32 and a 200-day simple moving average of $139.73. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $195.54 billion, a P/E ratio of 45.67, a PEG ratio of 1.35 and a beta of 1.27.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s quarterly revenue was up 58.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities research analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current year.
Amphenol Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s payout ratio is currently 28.74%.
Amphenol Company Profile
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.
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