Amphenol Corporation $APH is Fenimore Asset Management Inc’s 2nd Largest Position

Fenimore Asset Management Inc lowered its holdings in Amphenol Corporation (NYSE:APH) by 18.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,665,809 shares of the electronics maker’s stock after selling 384,450 shares during the period. Amphenol accounts for 4.7% of Fenimore Asset Management Inc’s investment portfolio, making the stock its 2nd biggest position. Fenimore Asset Management Inc’s holdings in Amphenol were worth $225,117,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Dudley Capital Management LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at $235,000. Strs Ohio boosted its holdings in Amphenol by 3.1% in the fourth quarter. Strs Ohio now owns 569,607 shares of the electronics maker’s stock valued at $76,977,000 after acquiring an additional 17,261 shares during the last quarter. SevenBridge Financial Group LLC boosted its holdings in Amphenol by 2.0% in the fourth quarter. SevenBridge Financial Group LLC now owns 4,992 shares of the electronics maker’s stock valued at $675,000 after acquiring an additional 100 shares during the last quarter. Composition Wealth LLC boosted its holdings in Amphenol by 3.0% in the fourth quarter. Composition Wealth LLC now owns 4,973 shares of the electronics maker’s stock valued at $672,000 after acquiring an additional 145 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in Amphenol in the fourth quarter valued at $89,816,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. UBS Group reiterated a “buy” rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday. Evercore reiterated an “outperform” rating on shares of Amphenol in a report on Tuesday, March 17th. Robert W. Baird set a $177.00 target price on Amphenol in a report on Thursday. Finally, Wall Street Zen upgraded Amphenol from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Twelve investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $169.08.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $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 available through this link. 1.42% of the stock is currently owned by corporate insiders.

Amphenol Stock Down 3.3%

Shares of Amphenol stock opened at $142.41 on Friday. The company has a quick ratio of 2.48, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The firm has a market cap of $175.08 billion, a P/E ratio of 40.92, a P/E/G ratio of 1.46 and a beta of 1.29. Amphenol Corporation has a fifty-two week low of $78.76 and a fifty-two week high of $167.04. The business has a 50-day moving average price of $138.09 and a 200 day moving average price of $139.01.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.11. The firm had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol’s quarterly revenue was up 58.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, sell-side analysts forecast that Amphenol Corporation will post 4.49 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Amphenol’s payout ratio is currently 28.74%.

Amphenol Company 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.