Pioneer Trust Bank N A OR Buys 12,605 Shares of Amphenol Corporation $APH

Pioneer Trust Bank N A OR raised its stake in shares of Amphenol Corporation (NYSE:APH) by 86.1% in the first quarter, Holdings Channel reports. The institutional investor owned 27,250 shares of the electronics maker’s stock after buying an additional 12,605 shares during the quarter. Pioneer Trust Bank N A OR’s holdings in Amphenol were worth $3,443,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC increased its holdings in Amphenol by 163.8% during 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. boosted its holdings in Amphenol by 200.0% in the 2nd 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 worth $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 bought a new position in Amphenol in the 1st quarter worth about $27,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Down 4.9%

Shares of NYSE:APH opened at $158.61 on Wednesday. Amphenol Corporation has a 12-month low of $95.19 and a 12-month high of $178.52. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The stock’s 50-day moving average price is $147.22 and its 200-day moving average price is $142.88. The stock has a market capitalization of $195.13 billion, a P/E ratio of 45.58, a price-to-earnings-growth ratio of 1.46 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its quarterly earnings results 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. The business had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol’s revenue for the quarter was up 58.4% compared to the same quarter last year. During the same period last year, the company earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. 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 61,072 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 130,775 shares of company stock worth $18,709,350 over the last ninety days. Corporate insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on APH. Piper Sandler set a $165.00 price target on Amphenol in a report on Tuesday, March 17th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Monday, April 20th. Rothschild & Co Redburn upped their target price on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Truist Financial increased their target price on Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Jefferies Financial Group lifted their price target on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $178.07.

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.