Amphenol Corporation $APH Stock Holdings Cut by Westpac Banking Corp

Westpac Banking Corp reduced its position in shares of Amphenol Corporation (NYSE:APH) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,020 shares of the electronics maker’s stock after selling 4,412 shares during the quarter. Amphenol comprises 0.7% of Westpac Banking Corp’s portfolio, making the stock its 22nd largest holding. Westpac Banking Corp’s holdings in Amphenol were worth $11,354,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Advisors Inc. OK boosted its stake in Amphenol by 3.4% during the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock valued at $279,000 after purchasing an additional 68 shares in the last quarter. Canvas Wealth Advisors LLC boosted its stake in Amphenol by 3.5% during the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock valued at $279,000 after purchasing an additional 70 shares in the last quarter. LOM Asset Management Ltd boosted its stake in Amphenol by 16.3% during the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock valued at $68,000 after purchasing an additional 70 shares in the last quarter. Seeds Investor LLC boosted its stake in Amphenol by 4.0% during the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock valued at $255,000 after purchasing an additional 72 shares in the last quarter. Finally, Procyon Advisors LLC boosted its stake in Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock valued at $388,000 after purchasing an additional 74 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Performance

Shares of Amphenol stock opened at $148.40 on Wednesday. The stock has a market cap of $182.56 billion, a PE ratio of 42.64, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The business has a fifty day simple moving average of $135.66 and a 200-day simple moving average of $138.71. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a 12 month low of $90.71 and a 12 month high of $167.04.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping the consensus estimate of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol’s revenue was up 58.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, sell-side analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is 28.74%.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the completion of the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 over the last ninety days. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Seaport Research Partners reaffirmed a “buy” rating and set a $215.00 price target on shares of Amphenol in a research note on Thursday, April 30th. Piper Sandler set a $165.00 price objective on Amphenol in a research note on Tuesday, March 17th. BNP Paribas Exane raised their price objective on Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Jefferies Financial Group raised their price objective on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Citigroup reissued a “buy” rating and set a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $176.87.

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.