Capital Group Investment Management PTE. LTD. bought a new stake in Amphenol Corporation (NYSE:APH – Free Report) in the third quarter, HoldingsChannel reports. The fund bought 9,533 shares of the electronics maker’s stock, valued at approximately $1,180,000.
A number of other large investors also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Amphenol in the 2nd quarter valued at $2,104,244,000. Holocene Advisors LP raised its position in shares of Amphenol by 201.2% in the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock worth $381,909,000 after buying an additional 2,583,628 shares during the period. Jennison Associates LLC acquired a new position in Amphenol in the third quarter valued at $287,947,000. Geode Capital Management LLC grew its position in Amphenol by 8.4% during the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares during the period. Finally, 1832 Asset Management L.P. increased its stake in Amphenol by 8,384.3% during the second quarter. 1832 Asset Management L.P. now owns 1,802,819 shares of the electronics maker’s stock worth $178,028,000 after acquiring an additional 1,781,570 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $183.00 price objective on shares of Amphenol in a research note on Thursday, January 15th. Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Truist Financial set a $182.00 price objective on shares of Amphenol in a research report on Tuesday, January 13th. Finally, Evercore reissued an “outperform” rating and issued a $165.00 target price on shares of Amphenol in a research note on Tuesday, January 20th. Eleven 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 company currently has an average rating of “Moderate Buy” and an average price target of $151.38.
Insiders Place Their Bets
In other Amphenol 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 value of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.67% of the stock is currently owned by insiders.
Amphenol Stock Performance
Amphenol stock opened at $136.15 on Tuesday. The firm has a market capitalization of $167.36 billion, a PE ratio of 40.76, a price-to-earnings-growth ratio of 1.39 and a beta of 1.20. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04. The stock’s 50 day moving average price is $144.42 and its 200 day moving average price is $134.16. 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 (NYSE:APH – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. Amphenol’s revenue for the quarter was up 49.1% on a year-over-year basis. During the same quarter last year, the company earned $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, sell-side analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.
Amphenol Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be issued a $0.25 dividend. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s payout ratio is currently 29.94%.
Amphenol 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.
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