AIA Group Ltd Buys 56,564 Shares of Amphenol Corporation $APH

AIA Group Ltd increased its stake in Amphenol Corporation (NYSE:APH) by 74.7% in the 1st quarter, Holdings Channel reports. The fund owned 132,242 shares of the electronics maker’s stock after buying an additional 56,564 shares during the quarter. AIA Group Ltd’s holdings in Amphenol were worth $16,709,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in APH. Generali Asset Management SPA SGR increased its holdings in Amphenol by 20.2% during the 4th quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock valued at $11,767,000 after purchasing an additional 14,612 shares during the period. Praxis Investment Management Inc. boosted its position in shares of Amphenol by 86.3% during the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock valued at $3,647,000 after purchasing an additional 12,502 shares in the last quarter. Principal Financial Group Inc. grew its stake in Amphenol by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock worth $371,704,000 after purchasing an additional 70,938 shares during the period. CGN Advisors LLC bought a new position in Amphenol in the fourth quarter worth $1,592,000. Finally, Global Retirement Partners LLC lifted its position in Amphenol by 110.5% during the fourth quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock valued at $2,526,000 after buying an additional 9,812 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. This represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is currently owned by corporate insiders.

Amphenol Price Performance

APH stock opened at $151.03 on Friday. The stock has a market cap of $185.81 billion, a PE ratio of 43.40, a P/E/G ratio of 1.30 and a beta of 1.24. Amphenol Corporation has a 12 month low of $95.19 and a 12 month high of $178.52. The company has a 50-day moving average price of $149.80 and a 200 day moving average price of $144.01. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts anticipate that Amphenol Corporation will post 4.87 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were paid 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 of this dividend was Tuesday, June 23rd. Amphenol’s payout ratio is currently 28.74%.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their target price on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Citigroup restated a “buy” rating and set a $195.00 target price (up from $180.00) on shares of Amphenol in a research note on Monday, July 13th. Jefferies Financial Group raised their target price on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, UBS Group restated a “buy” rating and set a $185.00 price target (up from $178.00) on shares of Amphenol in a research note on Thursday, July 9th. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $186.00.

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.