Amphenol Corporation $APH Stake Lessened by Swiss National Bank

Swiss National Bank cut its stake in Amphenol Corporation (NYSE:APH) by 4.0% in the 4th quarter, HoldingsChannel reports. The fund owned 3,345,700 shares of the electronics maker’s stock after selling 141,100 shares during the period. Swiss National Bank’s holdings in Amphenol were worth $452,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in APH. Riggs Asset Managment Co. Inc. boosted its holdings 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 valued at $25,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Amphenol in the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund bought a new position in shares of Amphenol in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Amphenol in the fourth quarter valued at approximately $29,000. Finally, Tacita Capital Inc boosted its holdings in shares of Amphenol by 145.6% in the fourth quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 131 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Up 2.1%

Shares of NYSE:APH opened at $152.33 on Friday. The stock has a market capitalization of $187.40 billion, a price-to-earnings ratio of 43.77, a PEG ratio of 1.31 and a beta of 1.27. Amphenol Corporation has a 1-year low of $92.08 and a 1-year high of $167.04. 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 50 day moving average price of $139.17 and a 200 day moving average price of $139.47.

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

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.

Analysts Set New Price Targets

Several research firms have recently issued reports on APH. Rothschild & Co Redburn increased their price objective on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Piper Sandler set a $165.00 price objective on shares of Amphenol in a report on Tuesday, March 17th. Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup restated a “buy” rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $178.07.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction that occurred 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 represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is currently owned by corporate insiders.

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.