Assetmark Inc. Boosts Holdings in Amphenol Corporation $APH

Assetmark Inc. raised its holdings in shares of Amphenol Corporation (NYSE:APH) by 21.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 50,437 shares of the electronics maker’s stock after purchasing an additional 8,748 shares during the quarter. Assetmark Inc.’s holdings in Amphenol were worth $6,242,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Financial Management Professionals Inc. boosted its position in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake 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 worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Amphenol in the second quarter worth about $26,000. Alpine Bank Wealth Management purchased a new stake in Amphenol in the third quarter valued at approximately $30,000. Finally, Evolution Wealth Management Inc. acquired a new position in Amphenol in the 2nd quarter worth approximately $31,000. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. The disclosure for this sale is available in the SEC filing. 1.67% of the stock is currently owned by company insiders.

Amphenol Trading Up 2.1%

NYSE APH opened at $146.72 on Tuesday. The firm has a market cap of $180.35 billion, a PE ratio of 43.93, a P/E/G ratio of 1.55 and a beta of 1.20. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. The firm’s fifty day moving average is $141.90 and its two-hundred day moving average is $130.59. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same period last year, the company earned $0.55 earnings per share. The company’s revenue for the quarter was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s dividend payout ratio is 29.94%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on APH. Evercore reaffirmed an “outperform” rating and set a $165.00 price target on shares of Amphenol in a research report on Tuesday, January 20th. Citigroup lifted their target price on shares of Amphenol from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a report on Saturday. Finally, US Capital Advisors set a $165.00 price objective on shares of Amphenol in a report on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.38.

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.