Merit Financial Group LLC Buys 5,932 Shares of Amphenol Corporation $APH

Merit Financial Group LLC raised its stake in Amphenol Corporation (NYSE:APH) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 57,457 shares of the electronics maker’s stock after buying an additional 5,932 shares during the quarter. Merit Financial Group LLC’s holdings in Amphenol were worth $7,765,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp raised its holdings in shares of Amphenol by 1.2% in the third quarter. State Street Corp now owns 56,025,072 shares of the electronics maker’s stock valued at $6,942,156,000 after purchasing an additional 676,797 shares during the last quarter. Capital International Investors raised its holdings in shares of Amphenol by 446.9% in the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock valued at $2,228,288,000 after purchasing an additional 14,714,177 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of Amphenol by 106.9% in the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after purchasing an additional 8,021,284 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Amphenol by 14.4% in the third quarter. Invesco Ltd. now owns 9,065,058 shares of the electronics maker’s stock valued at $1,121,801,000 after purchasing an additional 1,143,513 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Amphenol by 12.5% in the third quarter. Legal & General Group Plc now owns 8,334,138 shares of the electronics maker’s stock valued at $1,031,350,000 after purchasing an additional 928,994 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on APH shares. Evercore reiterated an “outperform” rating on shares of Amphenol in a report on Tuesday, March 17th. Barclays reiterated an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, January 21st. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Finally, Piper Sandler set a $165.00 price objective on shares of Amphenol in a report on Tuesday, March 17th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $151.93.

Amphenol Price Performance

Shares of APH opened at $150.91 on Friday. The company has a market cap of $185.54 billion, a price-to-earnings ratio of 45.18, a PEG ratio of 1.56 and a beta of 1.25. Amphenol Corporation has a 1-year low of $62.55 and a 1-year high of $167.04. The company’s fifty day simple moving average is $137.63 and its 200 day simple moving average is $137.44. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm’s revenue for the quarter was up 49.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol’s payout ratio is presently 29.94%.

Amphenol 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.