HITE Hedge Asset Management LLC Makes New Investment in Amphenol Corporation $APH

HITE Hedge Asset Management LLC purchased a new position in shares of Amphenol Corporation (NYSE:APH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,381 shares of the electronics maker’s stock, valued at approximately $1,532,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank bought a new position in Amphenol in the second quarter valued at about $2,104,244,000. Capital International Investors lifted its holdings in shares of Amphenol by 446.9% in the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock worth $2,228,288,000 after acquiring an additional 14,714,177 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Amphenol by 106.9% in the 3rd quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after purchasing an additional 8,021,284 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Amphenol by 693.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,279,457 shares of the electronics maker’s stock valued at $900,833,000 after purchasing an additional 6,362,533 shares in the last quarter. Finally, Holocene Advisors LP grew its holdings in shares of Amphenol by 201.2% during the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after purchasing an additional 2,583,628 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on APH shares. Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Truist Financial set a $182.00 price objective on Amphenol in a report on Tuesday, January 13th. US Capital Advisors set a $165.00 price objective on Amphenol in a research report on Friday, January 9th. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a research report on Thursday, January 15th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.38.

Amphenol Stock Down 2.3%

Shares of NYSE APH opened at $131.41 on Friday. The company’s 50 day moving average price is $144.35 and its 200-day moving average price is $134.33. 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 52-week low of $56.45 and a 52-week high of $167.04. The company has a market capitalization of $161.53 billion, a P/E ratio of 39.35, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20.

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

Amphenol Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is 29.94%.

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.