iA Global Asset Management Inc. Reduces Position in Amphenol Corporation $APH

iA Global Asset Management Inc. lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 68.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,679 shares of the electronics maker’s stock after selling 47,408 shares during the quarter. iA Global Asset Management Inc.’s holdings in Amphenol were worth $2,930,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in APH. Riggs Asset Managment Co. Inc. lifted its stake in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Board of the Pension Protection Fund purchased a new stake in Amphenol in the fourth quarter worth $27,000. Towne Trust Company N.A purchased a new stake in Amphenol in the fourth quarter worth $34,000. Laurel Wealth Advisors LLC purchased a new stake in Amphenol in the fourth quarter worth $34,000. Finally, Cloud Capital Management LLC purchased a new stake in Amphenol in the third quarter worth $38,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction on Friday, May 1st. The stock was 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 in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 in the last ninety days. 1.42% of the stock is currently owned by corporate insiders.

Amphenol Price Performance

APH opened at $121.70 on Tuesday. The stock has a fifty day simple moving average of $135.28 and a two-hundred day simple moving average of $139.03. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The company has a market cap of $149.71 billion, a price-to-earnings ratio of 34.97, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29. Amphenol Corporation has a 12-month low of $83.44 and a 12-month high of $167.04.

Amphenol (NYSE:APH) last posted 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 business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm’s quarterly revenue was up 58.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts predict 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 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 0.8%. Amphenol’s dividend payout ratio is 28.74%.

Wall Street Analyst Weigh In

APH has been the subject of a number of research analyst reports. Seaport Research Partners reaffirmed a “buy” rating and issued a $215.00 price target on shares of Amphenol in a research note on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and issued a $178.00 price target (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. The Goldman Sachs Group raised their price target on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $176.53.

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.