Gabelli Funds LLC Grows Position in Amphenol Corporation $APH

Gabelli Funds LLC increased its holdings in Amphenol Corporation (NYSE:APH) by 87.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 149,994 shares of the electronics maker’s stock after acquiring an additional 69,794 shares during the period. Gabelli Funds LLC’s holdings in Amphenol were worth $20,270,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Riggs Asset Managment Co. Inc. lifted 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 worth $25,000 after acquiring an additional 168 shares during the period. Board of the Pension Protection Fund purchased a new stake in Amphenol in the fourth quarter worth $27,000. Towne Trust Company N.A purchased a new stake in Amphenol in the fourth quarter worth $34,000. Laurel Wealth Advisors LLC purchased a new stake in Amphenol in the fourth quarter worth $34,000. Finally, Cloud Capital Management LLC purchased a new stake in Amphenol in the third quarter worth $38,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 130,775 shares of company stock worth $18,709,350 in the last ninety days. 1.42% of the stock is owned by company insiders.

Amphenol Price Performance

Shares of NYSE:APH opened at $121.70 on Tuesday. Amphenol Corporation has a 1-year low of $83.44 and a 1-year high of $167.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The business has a fifty day moving average price of $135.28 and a 200-day moving average price of $139.03. The company has a market capitalization of $149.71 billion, a PE ratio of 34.97, a PEG ratio of 1.09 and a beta of 1.29.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same period last year, the company earned $0.63 earnings per share. The company’s revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities analysts expect that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Piper Sandler set a $165.00 price objective on Amphenol in a research report on Tuesday, March 17th. Robert W. Baird set a $177.00 price objective on Amphenol in a research report on Thursday, April 30th. Rothschild & Co Redburn raised their price objective on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group raised their price objective on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Seaport Research Partners reissued a “buy” rating and set a $215.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $176.53.

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.