First Trust Advisors LP Trims Stock Holdings in Amphenol Corporation $APH

First Trust Advisors LP lessened its holdings in shares of Amphenol Corporation (NYSE:APH) by 1.5% in the third quarter, Holdings Channel.com reports. The firm owned 1,213,364 shares of the electronics maker’s stock after selling 17,979 shares during the period. First Trust Advisors LP’s holdings in Amphenol were worth $150,154,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. boosted its stake 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 buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its stake in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the last quarter. Howard Hughes Medical Institute acquired a new stake in Amphenol in the second quarter valued at $26,000. Alpine Bank Wealth Management acquired a new stake in Amphenol in the third quarter valued at $30,000. Finally, Evolution Wealth Management Inc. bought a new position in Amphenol during the 2nd quarter valued at $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

APH has been the subject of several research analyst reports. Truist Financial set a $182.00 target price on shares of Amphenol in a research report on Tuesday, January 13th. Barclays reiterated an “overweight” rating and issued a $175.00 price target (up from $156.00) on shares of Amphenol in a research note on Thursday, January 29th. Fox Advisors reissued an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Citigroup upped their price objective on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. lifted their target price on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 27th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and a consensus target price of $151.38.

Amphenol Trading Down 3.2%

NYSE APH opened at $131.86 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04. The company has a 50-day simple moving average of $144.44 and a 200-day simple moving average of $133.79. The firm has a market capitalization of $162.08 billion, a PE ratio of 39.48, a price-to-earnings-growth ratio of 1.39 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. Amphenol’s quarterly revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol’s dividend payout ratio is presently 29.94%.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction 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 $283,863,955.89. The trade was a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.67% of the company’s stock.

About Amphenol

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.