Mediolanum International Funds Ltd Boosts Holdings in Amphenol Corporation $APH

Mediolanum International Funds Ltd raised its position in shares of Amphenol Corporation (NYSE:APH) by 143.6% during the first quarter, HoldingsChannel reports. The fund owned 573,903 shares of the electronics maker’s stock after acquiring an additional 338,298 shares during the quarter. Amphenol accounts for approximately 0.7% of Mediolanum International Funds Ltd’s investment portfolio, making the stock its 24th largest holding. Mediolanum International Funds Ltd’s holdings in Amphenol were worth $68,381,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Generali Asset Management SPA SGR lifted its position in shares of Amphenol by 20.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock worth $11,767,000 after purchasing an additional 14,612 shares during the last quarter. Praxis Investment Management Inc. grew its holdings in shares of Amphenol by 86.3% in the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock worth $3,647,000 after purchasing an additional 12,502 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Amphenol by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock worth $371,704,000 after purchasing an additional 70,938 shares during the last quarter. CGN Advisors LLC purchased a new position in Amphenol in the 4th quarter worth about $1,592,000. Finally, Global Retirement Partners LLC increased its stake in Amphenol by 110.5% in the 4th quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock worth $2,526,000 after buying an additional 9,812 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on APH shares. TD Cowen reissued a “hold” rating and issued a $175.00 price objective (up from $135.00) on shares of Amphenol in a research report on Monday, July 13th. Evercore reaffirmed an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. The Goldman Sachs Group lifted their price target on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Citigroup reiterated a “buy” rating and issued a $195.00 price target (up from $180.00) on shares of Amphenol in a report on Monday, July 13th. Finally, Seaport Research Partners restated a “buy” rating and set a $215.00 price objective on shares of Amphenol in a report on Thursday, April 30th. Fourteen research 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, Amphenol presently has a consensus rating of “Moderate Buy” and an average target price of $186.00.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $276,038,277.47. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is currently owned by company insiders.

Amphenol Stock Down 1.4%

Shares of NYSE APH opened at $151.03 on Friday. Amphenol Corporation has a 12-month low of $95.19 and a 12-month high of $178.52. The stock’s fifty day simple moving average is $149.80 and its two-hundred day simple moving average is $144.01. The stock has a market capitalization 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. 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 (NYSE:APH) last issued its quarterly earnings data 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. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same period in the prior year, the business posted $0.63 EPS. The firm’s quarterly revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, analysts expect that Amphenol Corporation will post 4.87 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol’s dividend payout ratio 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.