Gamco Investors INC. ET AL increased its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 39.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 50,578 shares of the electronics maker’s stock after purchasing an additional 14,212 shares during the period. Gamco Investors INC. ET AL’s holdings in Amphenol were worth $6,391,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in APH. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after buying an additional 91 shares during the period. Vermillion & White Wealth Management Group LLC boosted its position in shares of Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Riggs Asset Managment Co. Inc. grew its stake in Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC purchased a new position in Amphenol during the fourth quarter valued at approximately $26,000. Finally, HHM Wealth Advisors LLC bought a new stake in Amphenol during the 1st quarter worth approximately $27,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Wall Street Analyst Weigh In
APH has been the topic of several recent analyst reports. Rothschild & Co Redburn increased their target price on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group upped their price target on shares of Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Truist Financial increased their price objective on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Robert W. Baird set a $177.00 price objective on Amphenol in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their target price on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Buy” and an average price target of $186.00.
Insider Transactions at Amphenol
In other news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $276,038,277.47. This represents a 0.90% decrease in their position. 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 worth $18,709,350 over the last three months. Insiders own 1.42% of the company’s stock.
Amphenol Price Performance
Shares of NYSE:APH opened at $152.59 on Monday. The company’s fifty day moving average price is $152.74 and its 200-day moving average price is $144.69. The firm has a market capitalization of $187.72 billion, a price-to-earnings ratio of 43.85, a PEG ratio of 1.31 and a beta of 1.24. Amphenol Corporation has a one year low of $102.76 and a one year high of $178.52. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.
Amphenol (NYSE:APH – Get Free Report) 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. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same period in the previous year, the firm posted $0.63 EPS. The firm’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. On average, equities research analysts anticipate that Amphenol Corporation will post 4.87 earnings per share 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. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. 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.
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