US Bancorp DE Lowers Stock Position in Amphenol Corporation $APH

US Bancorp DE reduced its holdings in shares of Amphenol Corporation (NYSE:APH) by 11.1% during the third quarter, HoldingsChannel.com reports. The fund owned 645,940 shares of the electronics maker’s stock after selling 80,414 shares during the quarter. US Bancorp DE’s holdings in Amphenol were worth $79,935,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of APH. Brighton Jones LLC increased its position in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after buying an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted its stake in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its position in shares of Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after purchasing an additional 618 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Amphenol in the second quarter worth $980,000. Finally, Howard Capital Management Inc. raised its position in shares of Amphenol by 15.4% in the second quarter. Howard Capital Management Inc. now owns 7,461 shares of the electronics maker’s stock worth $738,000 after buying an additional 997 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. Additional details regarding this sale are available in the official SEC disclosure. 1.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. The Goldman Sachs Group restated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a research note on Thursday, January 15th. Evercore reissued an “outperform” rating and set a $165.00 price target on shares of Amphenol in a research note on Tuesday, January 20th. Barclays restated an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. Truist Financial set a $182.00 price target on Amphenol in a research report on Tuesday, January 13th. Finally, Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a research note on Friday, January 9th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.38.

Amphenol Trading Down 2.8%

APH stock opened at $148.44 on Friday. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $182.46 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 1.61 and a beta of 1.20. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04. The firm’s fifty day simple moving average is $144.66 and its two-hundred day simple moving average is $132.59.

Amphenol (NYSE:APH) last issued its earnings results 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. The business had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The business’s revenue for the quarter was up 49.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, March 23rd. Amphenol’s payout ratio is presently 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.