DNB Asset Management AS Sells 96,945 Shares of Amphenol Corporation $APH

DNB Asset Management AS reduced its position in Amphenol Corporation (NYSE:APH) by 18.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 418,148 shares of the electronics maker’s stock after selling 96,945 shares during the quarter. DNB Asset Management AS’s holdings in Amphenol were worth $51,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. increased its holdings in Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its position in Amphenol by 200.0% during 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 period. Howard Hughes Medical Institute purchased a new position in shares of Amphenol in the second quarter worth about $26,000. Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the third quarter valued at approximately $30,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Amphenol during the 2nd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on APH. UBS Group reiterated a “buy” rating and issued a $174.00 price objective (up from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Citigroup boosted their price objective on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Truist Financial set a $182.00 price objective on Amphenol in a report on Tuesday, January 13th. Evercore reaffirmed an “outperform” rating and set a $165.00 target price on shares of Amphenol in a report on Tuesday, January 20th. Finally, Barclays reissued an “overweight” rating and issued a $175.00 price target (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $151.38.

Amphenol Price Performance

Shares of NYSE APH opened at $148.44 on Friday. The stock’s 50-day simple moving average is $144.66 and its two-hundred day simple moving average is $132.59. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04. The firm has a market capitalization of $182.46 billion, a P/E ratio of 44.44, a P/E/G ratio of 1.61 and a beta of 1.20. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08.

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

Amphenol Dividend Announcement

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

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were 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 in the company, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Doherty sold 80,000 shares of the 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. Insiders own 1.67% of the company’s stock.

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.