Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 284,722 shares of the electronics maker’s stock after selling 8,466 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Amphenol were worth $38,477,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Tucker Asset Management LLC acquired a new position in shares of Amphenol during the 4th quarter valued at about $26,000. Board of the Pension Protection Fund acquired a new position in shares of Amphenol during the 4th quarter valued at about $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Amphenol during the 4th quarter valued at about $29,000. Towne Trust Company N.A acquired a new position in shares of Amphenol during the 4th quarter valued at about $34,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Amphenol during the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 97.01% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on APH. Seaport Research Partners reaffirmed a “buy” rating and set a $215.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. Robert W. Baird set a $177.00 target price on shares of Amphenol in a research report on Thursday, April 30th. Barclays reissued an “overweight” rating and set a $180.00 target price (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. Truist Financial increased their target price on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, BNP Paribas Exane increased their target price on shares of Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $176.87.
Insiders Place Their Bets
In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is owned by corporate insiders.
Amphenol Stock Up 0.5%
APH opened at $148.41 on Friday. The firm has a 50 day moving average price of $135.34 and a 200 day moving average price of $138.73. The company has a market cap of $182.58 billion, a PE ratio of 42.65, a price-to-earnings-growth ratio of 1.30 and a beta of 1.29. Amphenol Corporation has a 1 year low of $87.95 and a 1 year high of $167.04. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The firm had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The company’s revenue was up 58.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Sell-side analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current year.
Amphenol Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio is currently 28.74%.
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.
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