Amphenol Corporation $APH Shares Acquired by OLD National Bancorp IN

OLD National Bancorp IN grew its stake in Amphenol Corporation (NYSE:APH) by 20.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,566 shares of the electronics maker’s stock after buying an additional 3,375 shares during the period. OLD National Bancorp IN’s holdings in Amphenol were worth $2,472,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC lifted its position in Amphenol by 163.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of Amphenol during the fourth quarter worth about $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in Amphenol in the 4th quarter worth approximately $29,000. Finally, HHM Wealth Advisors LLC purchased a new position in Amphenol during the 1st quarter worth approximately $27,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have sold 130,775 shares of company stock valued at $18,709,350. Company insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APH. Evercore reiterated an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. Jefferies Financial Group lifted their price objective on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. upped their target price on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. BNP Paribas Exane lifted their price target on Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Finally, Barclays restated an “overweight” rating and issued a $198.00 price objective on shares of Amphenol in a research report on Monday, June 8th. Fourteen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $178.07.

Amphenol Stock Down 0.9%

Shares of NYSE APH opened at $163.73 on Friday. Amphenol Corporation has a 52-week low of $95.19 and a 52-week high of $168.75. The company’s 50-day simple moving average is $144.88 and its 200-day simple moving average is $141.20. 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 firm has a market cap of $201.43 billion, a price-to-earnings ratio of 47.05, a price-to-earnings-growth ratio of 1.45 and a beta of 1.27.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating 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 business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter in the prior year, the firm earned $0.63 earnings per share. The business’s revenue was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts predict that Amphenol Corporation will post 4.76 EPS 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 issued a $0.25 dividend. The ex-dividend date 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%.

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.