Progressive Investment Management Corp Takes Position in Amphenol Corporation $APH

Progressive Investment Management Corp bought a new position in shares of Amphenol Corporation (NYSE:APH) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 70,514 shares of the electronics maker’s stock, valued at approximately $8,726,000. Amphenol makes up approximately 2.1% of Progressive Investment Management Corp’s investment portfolio, making the stock its 19th biggest position.

Several other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in Amphenol by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after purchasing an additional 2,217,079 shares in the last quarter. Norges Bank acquired a new stake in shares of Amphenol in the second quarter valued at $2,104,244,000. Franklin Resources Inc. lifted its position in Amphenol by 13.4% during 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. grew its holdings in Amphenol by 1.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 7,088,586 shares of the electronics maker’s stock worth $699,998,000 after acquiring an additional 133,966 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Amphenol by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,034,166 shares of the electronics maker’s stock valued at $746,728,000 after acquiring an additional 150,407 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at $5,723,354. This trade represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 378,076 shares of company stock valued at $54,056,506. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on APH shares. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. UBS Group restated a “buy” rating and set a $174.00 target price (up previously from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, January 21st. Evercore reissued an “outperform” rating and set a $165.00 price objective on shares of Amphenol in a report on Tuesday, January 20th. Finally, US Capital Advisors set a $165.00 target price on shares of Amphenol in a research note on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.38.

Amphenol Trading Up 6.8%

APH opened at $136.35 on Friday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04. The firm has a market cap of $166.90 billion, a PE ratio of 40.82, a price-to-earnings-growth 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. The firm’s fifty day moving average is $141.27 and its two-hundred day moving average is $128.54.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm’s revenue was up 49.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities research analysts anticipate 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. Investors of record on Monday, March 23rd will be given a $0.25 dividend. The ex-dividend date is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. 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.