OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of Amphenol Corporation (NYSE:APH – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 29,627 shares of the electronics maker’s stock, valued at approximately $4,004,000.
A number of other institutional investors have also added to or reduced their stakes in APH. Capital International Investors raised its stake in Amphenol by 446.9% during the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock worth $2,228,288,000 after buying an additional 14,714,177 shares during the period. Capital Research Global Investors raised its stake in Amphenol by 106.9% during the 3rd quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock worth $1,920,982,000 after buying an additional 8,021,284 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Amphenol by 693.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,279,457 shares of the electronics maker’s stock worth $900,833,000 after buying an additional 6,362,533 shares during the period. Lone Pine Capital LLC acquired a new position in Amphenol during the 3rd quarter worth approximately $374,125,000. Finally, Jennison Associates LLC purchased a new stake in shares of Amphenol in the third quarter worth approximately $287,947,000. 97.01% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
APH has been the subject of several analyst reports. Citigroup increased their price objective on Amphenol from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. US Capital Advisors set a $165.00 price objective on Amphenol in a research note on Friday, January 9th. Truist Financial set a $182.00 price objective on Amphenol in a research note on Tuesday, January 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 price objective on shares of Amphenol in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. increased their price objective on Amphenol from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $151.93.
Amphenol Stock Performance
Shares of Amphenol stock opened at $152.12 on Wednesday. The company has a market cap of $187.01 billion, a PE ratio of 45.54, a price-to-earnings-growth ratio of 1.59 and a beta of 1.25. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average price of $137.95 and a 200-day moving average price of $137.94. Amphenol Corporation has a 52 week low of $64.25 and a 52 week high of $167.04.
Amphenol (NYSE:APH – Get Free Report) last released its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.Amphenol’s quarterly revenue was up 49.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities analysts anticipate that Amphenol Corporation will post 4.32 earnings per share for the current fiscal year.
Amphenol Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s dividend payout ratio is currently 29.94%.
Insider Activity
In other news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.67% of the stock is currently owned by corporate insiders.
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.
Read More
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Corporation (NYSE:APH – Free Report).
Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.
