Blue Trust Inc. trimmed its position in shares of Amphenol Corporation (NYSE:APH – Free Report) by 56.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,922 shares of the electronics maker’s stock after selling 10,216 shares during the quarter. Blue Trust Inc.’s holdings in Amphenol were worth $1,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of APH. Vermillion & White Wealth Management Group LLC increased its position in Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its position 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 bought a new stake in shares of Amphenol during the 4th quarter valued at about $26,000. Board of the Pension Protection Fund bought a new stake in shares of Amphenol during the 4th quarter valued at about $27,000. Finally, HHM Wealth Advisors LLC purchased a new stake in shares of Amphenol during the 1st quarter valued at about $27,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on APH shares. Evercore reissued an “outperform” rating on shares of Amphenol in a report on Wednesday, May 27th. The Goldman Sachs Group increased their price target on shares of Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. BNP Paribas Exane boosted their price objective on shares of Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Finally, Citigroup restated a “buy” rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $178.07.
Insider Buying and Selling
In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the sale, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. This trade represents 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. Over the last 90 days, insiders sold 130,775 shares of company stock valued at $18,709,350. Corporate insiders own 1.42% of the company’s stock.
Amphenol Stock Performance
Shares of NYSE:APH opened at $163.73 on Friday. The firm has a fifty day simple moving average of $144.88 and a two-hundred day simple moving average of $141.20. Amphenol Corporation has a 52 week low of $95.19 and a 52 week high of $168.75. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $201.43 billion, a P/E ratio of 47.05, a PEG ratio of 1.45 and a beta of 1.27.
Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same period last year, the company earned $0.63 earnings per share. Amphenol’s revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.
Amphenol Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.
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.
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