SVB Wealth LLC Boosts Stake in Amphenol Corporation $APH

SVB Wealth LLC increased its stake in Amphenol Corporation (NYSE:APHFree Report) by 24.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,387 shares of the electronics maker’s stock after purchasing an additional 5,653 shares during the quarter. SVB Wealth LLC’s holdings in Amphenol were worth $3,587,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC lifted its position in shares of Amphenol by 163.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after buying an additional 113 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Tucker Asset Management LLC purchased a new position in Amphenol during the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new position in Amphenol during the fourth quarter valued at approximately $27,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Amphenol in the fourth quarter worth approximately $29,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

APH has been the topic of several recent analyst reports. UBS Group restated a “buy” rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Jefferies Financial Group upped their price target on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Truist Financial upped their target price on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $178.07.

Check Out Our Latest Stock Report on Amphenol

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of Amphenol stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 in the last three months. 1.42% of the stock is owned by company insiders.

Amphenol Stock Performance

NYSE APH opened at $166.38 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. Amphenol Corporation has a 1-year low of $92.98 and a 1-year high of $168.75. The business has a 50 day simple moving average of $143.50 and a two-hundred day simple moving average of $140.55. The stock has a market capitalization of $204.69 billion, a PE ratio of 47.81, a P/E/G ratio of 1.44 and a beta of 1.27.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.11. The business had revenue of $7.62 billion for the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, research analysts predict that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s dividend payout ratio is presently 28.74%.

Amphenol Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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