Harvest Fund Management Co. Ltd raised its stake in Amphenol Corporation (NYSE:APH – Free Report) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,089 shares of the electronics maker’s stock after purchasing an additional 6,182 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Amphenol were worth $8,797,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Riggs Asset Managment Co. Inc. grew its stake in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new position in Amphenol during the fourth quarter worth about $26,000. Board of the Pension Protection Fund bought a new position in Amphenol during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new position in Amphenol during the fourth quarter worth about $29,000. Finally, Towne Trust Company N.A bought a new position in Amphenol during the fourth quarter worth about $34,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Barclays reaffirmed an “overweight” rating and set a $180.00 price target (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Jefferies Financial Group raised their price target on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. BNP Paribas Exane raised their price target on shares of Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Finally, Robert W. Baird set a $177.00 price target on shares of Amphenol 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 company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $176.87.
Amphenol Trading Down 0.6%
Shares of Amphenol stock opened at $146.77 on Friday. The company has a market capitalization of $180.56 billion, a price-to-earnings ratio of 42.18, a PEG ratio of 1.29 and a beta of 1.27. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a 12-month low of $91.06 and a 12-month high of $167.04. The firm’s 50-day moving average price is $136.82 and its two-hundred day moving average price is $138.94.
Amphenol (NYSE:APH – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid 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 is presently 28.74%.
Insider Activity at Amphenol
In other news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction dated 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 owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 over the last three months. 1.42% of the stock is currently owned by corporate insiders.
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.
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