Gabelli Funds LLC Acquires 43,945 Shares of Amphenol Corporation $APH

Gabelli Funds LLC boosted its holdings in Amphenol Corporation (NYSE:APH) by 29.3% in the first quarter, HoldingsChannel reports. The firm owned 193,939 shares of the electronics maker’s stock after purchasing an additional 43,945 shares during the period. Gabelli Funds LLC’s holdings in Amphenol were worth $24,504,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after buying an additional 91 shares during the period. Vermillion & White Wealth Management Group LLC grew its holdings in Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 113 shares during the period. Riggs Asset Managment Co. Inc. increased its stake in Amphenol by 200.0% in the second 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 in the last quarter. Tucker Asset Management LLC acquired a new position in Amphenol during the 4th quarter worth approximately $26,000. Finally, HHM Wealth Advisors LLC bought a new position in Amphenol in the first quarter worth approximately $27,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Price Performance

Shares of NYSE:APH opened at $152.59 on Friday. Amphenol Corporation has a fifty-two week low of $102.76 and a fifty-two week high of $178.52. The company’s 50-day moving average is $152.74 and its 200 day moving average is $144.66. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The company has a market capitalization of $187.72 billion, a P/E ratio of 43.85, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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 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 company’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities research analysts forecast that Amphenol Corporation will post 4.87 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Seaport Research Partners reissued a “buy” rating and issued a $215.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. UBS Group reiterated a “buy” rating and set a $185.00 price objective (up from $178.00) on shares of Amphenol in a report on Thursday, July 9th. Truist Financial upped their target price on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. TD Cowen reaffirmed a “hold” rating and issued a $175.00 price target (up from $135.00) on shares of Amphenol in a research report on Monday, July 13th. Finally, Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $186.00.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of the business’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 sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $276,038,277.47. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 130,775 shares of company stock valued at $18,709,350 over the last three months. Company insiders own 1.42% of the company’s stock.

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.