First Merchants Corp Decreases Stock Position in Amphenol Corporation $APH

First Merchants Corp decreased its position in shares of Amphenol Corporation (NYSE:APH) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,657 shares of the electronics maker’s stock after selling 19,270 shares during the period. Amphenol makes up approximately 1.0% of First Merchants Corp’s investment portfolio, making the stock its 23rd biggest position. First Merchants Corp’s holdings in Amphenol were worth $28,198,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. boosted its stake in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its stake in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in Amphenol in the 2nd quarter worth approximately $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Amphenol during the 4th quarter worth approximately $27,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Amphenol during the 3rd quarter valued at approximately $30,000. 97.01% of the stock is owned by institutional investors.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on APH shares. Barclays reissued an “overweight” rating and issued a $175.00 target price (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. UBS Group reaffirmed a “buy” rating and set a $174.00 price target (up from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. The Goldman Sachs Group restated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. Finally, US Capital Advisors set a $165.00 target price on shares of Amphenol in a research report on Friday, January 9th. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $152.36.

Amphenol Stock Performance

NYSE:APH opened at $128.57 on Thursday. The stock’s fifty day moving average is $142.37 and its 200 day moving average is $135.80. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $167.04. The firm has a market capitalization of $158.04 billion, a PE ratio of 38.49, a PEG ratio of 1.35 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.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The company 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. Amphenol’s revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors 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 0.8%. Amphenol’s payout ratio is currently 29.94%.

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.