Snyder Capital Management L P Decreases Stock Holdings in Amphenol Corporation $APH

Snyder Capital Management L P lessened its holdings in Amphenol Corporation (NYSE:APH) by 19.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,323,099 shares of the electronics maker’s stock after selling 328,681 shares during the quarter. Amphenol comprises 3.1% of Snyder Capital Management L P’s investment portfolio, making the stock its 7th biggest position. Snyder Capital Management L P’s holdings in Amphenol were worth $163,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in APH. Financial Management Professionals Inc. grew its holdings in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its stake in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares during the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Amphenol in the second quarter worth about $26,000. Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the 3rd quarter valued at about $30,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Amphenol during the 2nd quarter valued at about $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Trading Up 2.5%

Shares of APH opened at $132.86 on Thursday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. The firm’s 50-day moving average price is $144.60 and its 200-day moving average price is $133.46. The firm has a market capitalization of $163.31 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 1.37 and a beta of 1.20.

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 during the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. Amphenol’s quarterly revenue was up 49.1% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Sell-side analysts anticipate that Amphenol Corporation will post 2.36 EPS 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 given a dividend of $0.25 per share. The ex-dividend date is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s payout ratio is currently 29.94%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on APH. Wall Street Zen lowered Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. UBS Group reiterated a “buy” rating and set a $174.00 price target (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 price target on shares of Amphenol in a report on Thursday, January 15th. Evercore reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Amphenol in a research note on Tuesday, January 20th. Finally, JPMorgan Chase & Co. raised their target price on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.38.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.67% of the stock is currently owned by insiders.

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.