Carmignac Gestion Decreases Stock Holdings in Amphenol Corporation $APH

Carmignac Gestion reduced its holdings in shares of Amphenol Corporation (NYSE:APH) by 44.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 669,236 shares of the electronics maker’s stock after selling 524,964 shares during the quarter. Amphenol makes up 1.3% of Carmignac Gestion’s investment portfolio, making the stock its 21st biggest holding. Carmignac Gestion owned about 0.05% of Amphenol worth $84,558,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in APH. Generali Asset Management SPA SGR increased its position in shares of Amphenol by 20.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock worth $11,767,000 after purchasing an additional 14,612 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Amphenol by 2.6% in the 4th quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock valued at $371,704,000 after purchasing an additional 70,938 shares during the period. Praxis Investment Management Inc. boosted its position in shares of Amphenol by 86.3% in the 4th quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock valued at $3,647,000 after purchasing an additional 12,502 shares during the period. Global Retirement Partners LLC grew its stake in Amphenol by 110.5% during the 4th quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock worth $2,526,000 after buying an additional 9,812 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in Amphenol during the fourth quarter worth approximately $4,004,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of a number of research reports. Citigroup boosted their price objective on Amphenol from $195.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday. Truist Financial lifted their target price on shares of Amphenol from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. BNP Paribas Exane upped their price target on shares of Amphenol from $200.00 to $215.00 and gave the company an “outperform” rating in a research report on Thursday. TD Cowen reissued a “hold” rating and set a $175.00 price objective (up from $135.00) on shares of Amphenol in a research report on Monday, July 13th. Finally, Barclays restated an “overweight” rating and issued a $200.00 price objective (up from $198.00) on shares of Amphenol in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Amphenol has an average rating of “Buy” and an average target price of $191.67.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Record Q2 beat estimates: Amphenol reported earnings of $1.35 per share versus the $1.19 consensus and revenue of $8.76 billion versus expectations of $8.26 billion. Revenue grew 55% year over year, reflecting strong demand across connectivity markets. Amphenol Q2 Earnings Snapshot
• Positive Sentiment: AI demand is accelerating: Management highlighted robust orders and expanding demand for AI infrastructure, including high-speed connectivity products. Acquisitions are broadening Amphenol’s exposure to AI data centers and other key end markets, supporting higher 2026 expectations. Amphenol Builds AI Edge Through Strategic Acquisitions
• Positive Sentiment: Q3 outlook also topped expectations: Amphenol guided to approximately $1.40–$1.42 in third-quarter EPS, reinforcing expectations for continued momentum after the strong second quarter. Amphenol Surges After Q2 Results
• Positive Sentiment: Analysts raised targets: BNP Paribas Exane lifted its target to $215 from $200 with an “outperform” rating, while Truist raised its target to $215 and Citi increased its target to $210; all maintained bullish ratings. Analyst Price Target Changes
• Neutral Sentiment: Key consideration: The bullish outlook depends on sustained AI infrastructure spending, continued strong orders and successful integration of acquired businesses. At roughly 40 times earnings, expectations for execution remain elevated. Amphenol Q2 2026 Earnings Call Transcript

Insider Buying and Selling

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were 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 in the company, valued at approximately $276,038,277.47. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.42% of the company’s stock.

Amphenol Trading Up 0.0%

Shares of APH stock opened at $160.72 on Monday. The company has a market capitalization of $197.73 billion, a P/E ratio of 40.28, a price-to-earnings-growth ratio of 1.30 and a beta of 1.24. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The business’s 50 day moving average is $155.61 and its two-hundred day moving average is $145.14. Amphenol Corporation has a twelve month low of $102.76 and a twelve month high of $178.52.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 EPS for the quarter, topping the consensus estimate of $1.19 by $0.16. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts forecast that Amphenol Corporation will post 5.13 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s dividend payout ratio is presently 25.06%.

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.