Manitou Investment Management Ltd. Sells 26,537 Shares of Amphenol Corporation $APH

Manitou Investment Management Ltd. lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 8.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 297,371 shares of the electronics maker’s stock after selling 26,537 shares during the quarter. Amphenol accounts for about 7.0% of Manitou Investment Management Ltd.’s holdings, making the stock its 6th biggest holding. Manitou Investment Management Ltd.’s holdings in Amphenol were worth $40,187,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Tucker Asset Management LLC purchased a new stake in Amphenol in the 4th quarter worth approximately $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol in the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in Amphenol in the 4th quarter worth approximately $29,000. Towne Trust Company N.A purchased a new stake in Amphenol in the 4th quarter worth approximately $34,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Amphenol in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

NYSE APH opened at $148.09 on Thursday. The stock has a market cap of $182.18 billion, a PE ratio of 42.55, a P/E/G ratio of 1.30 and a beta of 1.27. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a twelve month low of $91.06 and a twelve month high of $167.04. The stock has a fifty day simple moving average of $136.45 and a 200-day simple moving average of $138.85.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion during 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 was up 58.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be 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 is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is 28.74%.

Analysts Set New Price Targets

Several equities research analysts have commented on APH shares. Jefferies Financial Group upped their price objective on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Citigroup restated a “buy” rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Robert W. Baird set a $177.00 target price on Amphenol in a research report on Thursday, April 30th. The Goldman Sachs Group increased their target price on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 price objective on Amphenol in a research note on Tuesday, March 17th. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.87.

Insider Buying and Selling

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

About Amphenol

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.