Davis R M Inc. Has $174.08 Million Stake in Amphenol Corporation $APH

Davis R M Inc. cut its position in shares of Amphenol Corporation (NYSE:APH) by 4.6% during the third quarter, HoldingsChannel.com reports. The firm owned 1,406,726 shares of the electronics maker’s stock after selling 67,516 shares during the period. Amphenol accounts for about 3.0% of Davis R M Inc.’s investment portfolio, making the stock its 7th largest holding. Davis R M Inc.’s holdings in Amphenol were worth $174,082,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of APH. Geode Capital Management LLC increased its stake in Amphenol by 8.4% in the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares during the period. Norges Bank bought a new stake in shares of Amphenol in the 2nd quarter valued at approximately $2,104,244,000. Franklin Resources Inc. raised its holdings in shares of Amphenol by 13.4% in the 2nd quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker’s stock worth $1,239,017,000 after buying an additional 1,486,105 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Amphenol by 1.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 7,088,586 shares of the electronics maker’s stock valued at $699,998,000 after buying an additional 133,966 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Amphenol by 2.6% during the third quarter. Envestnet Asset Management Inc. now owns 6,034,166 shares of the electronics maker’s stock worth $746,728,000 after acquiring an additional 150,407 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

APH has been the subject of several recent analyst reports. Barclays reaffirmed an “overweight” rating and set a $175.00 price objective (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $160.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, January 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $183.00 price target on shares of Amphenol in a report on Thursday, January 15th. Finally, Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $151.38.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total value of $11,360,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $75,885,432.87. Following the sale, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Down 1.7%

Shares of NYSE APH opened at $145.94 on Monday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $167.04. 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 stock has a market cap of $179.39 billion, a P/E ratio of 43.70, a P/E/G ratio of 1.54 and a beta of 1.20. The firm has a 50 day moving average price of $144.87 and a 200 day moving average price of $133.15.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating 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 net margin of 18.49% and a return on equity of 35.57%. The firm’s revenue was up 49.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

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

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.