Somerset Trust Co Acquires Shares of 3,509 Amphenol Corporation $APH

Somerset Trust Co bought a new position in shares of Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 3,509 shares of the electronics maker’s stock, valued at approximately $619,000.

A number of other large investors have also added to or reduced their stakes in the business. LOM Asset Management Ltd boosted its position in Amphenol by 16.3% during the fourth quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after purchasing an additional 70 shares during the period. Sachetta LLC raised its position in shares of Amphenol by 14.9% in the first quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock valued at $69,000 after purchasing an additional 71 shares during the period. Seeds Investor LLC lifted its stake in shares of Amphenol by 4.0% during the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock worth $255,000 after buying an additional 72 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its holdings in shares of Amphenol by 3.8% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock worth $250,000 after buying an additional 72 shares during the period. Finally, Eagle Bay Advisors LLC boosted its holdings in shares of Amphenol by 0.8% during the 4th quarter. Eagle Bay Advisors LLC now owns 9,533 shares of the electronics maker’s stock worth $1,291,000 after buying an additional 74 shares during the period. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 500,000 shares of the company’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $161.57, for a total transaction of $80,785,000.00. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $311,427,305.99. This represents a 20.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.42% of the stock is owned by corporate insiders.

Amphenol Stock Performance

NYSE APH opened at $163.78 on Tuesday. The firm has a 50-day moving average price of $156.24 and a two-hundred day moving average price of $145.24. Amphenol Corporation has a 12-month low of $104.71 and a 12-month high of $178.52. The company has a market capitalization of $201.49 billion, a P/E ratio of 41.05, a P/E/G ratio of 1.30 and a beta of 1.24. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm’s quarterly revenue was up 55.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Analysts anticipate that Amphenol Corporation will post 5.13 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s payout ratio is currently 25.06%.

Analyst Ratings Changes

APH has been the topic of several research analyst reports. Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup upped their target price on Amphenol from $195.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. TD Cowen reiterated a “hold” rating and set a $175.00 target price (up from $135.00) on shares of Amphenol in a research note on Monday, July 13th. Evercore restated an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. Finally, Bank of America upped their price objective on Amphenol from $180.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Amphenol currently has a consensus rating of “Buy” and an average target price of $191.67.

Amphenol 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.