Amphenol Corporation $APH Holdings Lowered by Rathbones Group PLC

Rathbones Group PLC cut its stake in Amphenol Corporation (NYSE:APH) by 4.3% in the 4th quarter, HoldingsChannel reports. The fund owned 2,839,137 shares of the electronics maker’s stock after selling 129,024 shares during the period. Amphenol accounts for approximately 1.2% of Rathbones Group PLC’s holdings, making the stock its 16th largest holding. Rathbones Group PLC’s holdings in Amphenol were worth $383,681,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Financial Management Professionals Inc. lifted its position in Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of Amphenol in the 2nd quarter worth $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Amphenol in the fourth quarter valued at $27,000. Finally, Alpine Bank Wealth Management acquired a new position in Amphenol during the third quarter worth about $30,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Wednesday, January 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. US Capital Advisors set a $165.00 price target on shares of Amphenol in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. increased their price objective on Amphenol from $160.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.87.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.67% of the company’s stock.

Amphenol Stock Performance

Shares of APH opened at $128.05 on Monday. The company has a 50-day moving average of $138.42 and a two-hundred day moving average of $136.29. The stock has a market cap of $157.40 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 1.35 and a beta of 1.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04.

Amphenol (NYSE:APH) last posted its quarterly earnings data 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. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same period in the previous year, the company posted $0.55 EPS. The company’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. On average, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s payout ratio is currently 29.94%.

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.