Palisade Asset Management LLC Buys 38,469 Shares of Amphenol Corporation $APH

Posted by Brian Himes on Nov 8th, 2026

Palisade Asset Management LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 100.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 76,888 shares of the electronics maker’s stock after buying an additional 38,469 shares during the quarter. Palisade Asset Management LLC’s holdings in Amphenol were worth $6,482,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Purus Wealth Management LLC raised its stake in Amphenol by 3.7% during the second quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock valued at $318,000 after buying an additional 65 shares in the last quarter. Cornerstone Financial Management LLC grew its position in shares of Amphenol by 27.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 304 shares of the electronics maker’s stock worth $54,000 after acquiring an additional 65 shares in the last quarter. Sachetta LLC grew its position in shares of Amphenol by 14.9% in the 1st quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock worth $69,000 after acquiring an additional 71 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Amphenol by 3.8% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock valued at $250,000 after acquiring an additional 72 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC increased its holdings in shares of Amphenol by 0.5% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 14,211 shares of the electronics maker’s stock valued at $2,506,000 after acquiring an additional 72 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Up 4.2%

Amphenol stock opened at $74.67 on Friday. Amphenol Corporation has a 52 week low of $59.01 and a 52 week high of $89.93. The stock has a market cap of $184.39 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 0.89 and a beta of 1.27. The company’s 50-day moving average price is $81.29 and its two-hundred day moving average price is $75.53. The company has a current ratio of 1.94, a quick ratio of 1.42 and a debt-to-equity ratio of 0.99.

Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.07. The company had revenue of $10.23 billion during the quarter, compared to analyst estimates of $9.49 billion. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. The business’s revenue for the quarter was up 65.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.93 EPS. On average, analysts expect that Amphenol Corporation will post 2.84 EPS for the current fiscal year.

Amphenol Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Investors of record on Tuesday, December 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, December 22nd. This is a negative change from Amphenol’s previous quarterly dividend of $0.25. This represents a $0.60 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio is presently 26.09%.

Amphenol announced that its Board of Directors has authorized a stock buyback plan on Wednesday, October 28th that permits the company to repurchase $4 billion in outstanding shares. This repurchase authorization permits the electronics maker to reacquire up to 2% of its shares through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Evercore set a $100.00 price objective on Amphenol in a research note on Wednesday, October 28th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $116.00 price target (up from $102.00) on shares of Amphenol in a report on Tuesday, October 6th. Barclays lifted their target price on Amphenol from $100.00 to $111.00 and gave the company an “overweight” rating in a research note on Monday, November 2nd. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. Finally, JPMorgan Chase & Co. increased their price target on Amphenol from $107.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $108.32.

Check Out Our Latest Analysis on Amphenol

Insider Buying and Selling

In other Amphenol news, CEO Richard Norwitt sold 799,576 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $82.48, for a total value of $65,949,028.48. Following the completion of the sale, the chief executive officer directly owned 3,855,014 shares in the company, valued at $317,961,554.72. This represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.42% of the stock is currently owned by insiders.

About Amphenol

(Free Report)

Amphenol Corporation designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, antennas and sensor products. Its offerings also include cable assemblies and related components used to transmit signals and power in electronic equipment and systems.

The company serves customers in a range of markets, including communications and information technology, automotive, aerospace and defense, industrial, mobile devices and data networks. Its products are used in applications such as vehicles, communications infrastructure, commercial aircraft and industrial equipment.

Founded in 1932, Amphenol has grown into a global manufacturer serving customers across the Americas, Europe and Asia.