Amphenol Corporation $APH Shares Sold by Jennison Associates LLC

Jennison Associates LLC reduced its stake in Amphenol Corporation (NYSE:APH) by 0.2% during the 1st quarter, HoldingsChannel reports. The firm owned 10,238,520 shares of the electronics maker’s stock after selling 18,859 shares during the period. Amphenol accounts for 0.9% of Jennison Associates LLC’s portfolio, making the stock its 28th biggest position. Jennison Associates LLC’s holdings in Amphenol were worth $1,293,637,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of APH. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 113 shares during the period. Riggs Asset Managment Co. Inc. increased its stake in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares during the period. Tucker Asset Management LLC purchased a new position in Amphenol during the 4th quarter worth $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Amphenol in the 4th quarter worth $27,000. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Amphenol in the 1st quarter worth $27,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on APH shares. Barclays reiterated an “overweight” rating and set a $200.00 price target (up from $198.00) on shares of Amphenol in a research note on Monday, July 13th. UBS Group restated a “buy” rating and issued a $185.00 price objective (up from $178.00) on shares of Amphenol in a research report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Citigroup reiterated a “buy” rating and set a $195.00 target price (up from $180.00) on shares of Amphenol in a research report on Monday, July 13th. Finally, The Goldman Sachs Group increased their target price on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $186.00.

Amphenol Stock Performance

NYSE:APH opened at $151.03 on Friday. The firm’s fifty day simple moving average is $149.80 and its 200-day simple moving average is $144.01. 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 cap of $185.81 billion, a PE ratio of 43.40, a price-to-earnings-growth ratio of 1.30 and a beta of 1.24. Amphenol Corporation has a fifty-two week low of $95.19 and a fifty-two week high of $178.52.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 EPS 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 analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Analysts expect that Amphenol Corporation will post 4.87 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is presently 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.