American Trust Trims Holdings in Amphenol Corporation $APH

American Trust cut its position in shares of Amphenol Corporation (NYSE:APH) by 15.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 43,927 shares of the electronics maker’s stock after selling 7,758 shares during the quarter. Amphenol accounts for approximately 0.5% of American Trust’s holdings, making the stock its 28th largest position. American Trust’s holdings in Amphenol were worth $5,550,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC grew its stake in Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares during the period. Riggs Asset Managment Co. Inc. grew its position 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 valued at $25,000 after purchasing an additional 168 shares during the period. Tucker Asset Management LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at $26,000. Board of the Pension Protection Fund purchased a new position in Amphenol during the fourth quarter worth about $27,000. Finally, HHM Wealth Advisors LLC acquired a new stake in Amphenol in the 1st quarter worth about $27,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on APH. Seaport Research Partners restated a “buy” rating and issued a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. Citigroup reissued a “buy” rating and issued a $180.00 target price (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Truist Financial increased their price target on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Robert W. Baird set a $177.00 price target on shares of Amphenol in a report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 price objective on Amphenol in a report on Tuesday, March 17th. Fourteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $185.57.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 130,775 shares of company stock worth $18,709,350 in the last 90 days. Insiders own 1.42% of the company’s stock.

Amphenol Trading Down 1.9%

APH stock traded down $3.13 during midday trading on Friday, reaching $159.11. 5,948,422 shares of the company’s stock traded hands, compared to its average volume of 7,909,821. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. Amphenol Corporation has a fifty-two week low of $95.19 and a fifty-two week high of $178.52. The business has a 50-day moving average price of $148.01 and a two-hundred day moving average price of $143.38. The company has a market capitalization of $195.74 billion, a P/E ratio of 45.72, a PEG ratio of 1.39 and a beta of 1.24.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The company had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. During the same quarter in the prior year, the business earned $0.63 earnings per share. The business’s quarterly revenue was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts forecast that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is 28.74%.

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.