Edgestream Partners L.P. Decreases Stock Holdings in Amphenol Corporation $APH

Edgestream Partners L.P. reduced its stake in shares of Amphenol Corporation (NYSE:APH) by 51.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,882 shares of the electronics maker’s stock after selling 5,229 shares during the quarter. Edgestream Partners L.P.’s holdings in Amphenol were worth $617,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd raised its holdings in Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in 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 purchasing an additional 113 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% in the second 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 in the last quarter. Tucker Asset Management LLC acquired a new position in shares of Amphenol during the 4th quarter worth $26,000. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Amphenol during the 1st quarter worth $27,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 186,104 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $162.27, for a total transaction of $30,199,096.08. Following the sale, the chief executive officer owned 864,177 shares in the company, valued at $140,230,001.79. This trade represents a 17.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on APH shares. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. The Goldman Sachs Group upped their price target on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Rothschild & Co Redburn increased their price target on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen restated a “hold” rating and set a $175.00 price objective (up from $135.00) on shares of Amphenol in a research report on Monday, July 13th. Finally, Barclays reaffirmed an “overweight” rating and issued a $200.00 target price (up from $198.00) on shares of Amphenol in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $191.67.

Amphenol Stock Performance

NYSE:APH opened at $171.52 on Wednesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The firm has a market cap of $211.48 billion, a PE ratio of 42.99, a P/E/G ratio of 1.30 and a beta of 1.24. The firm has a 50 day simple moving average of $156.89 and a 200-day simple moving average of $145.42. Amphenol Corporation has a 1-year low of $104.71 and a 1-year high of $178.52.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. Amphenol’s revenue was up 55.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Amphenol Corporation will post 5.25 EPS for the current year.

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.