Amphenol Corporation $APH Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 818,564 shares of the electronics maker’s stock after selling 28,624 shares during the quarter. Amphenol accounts for approximately 0.5% of Resona Asset Management Co. Ltd.’s portfolio, making the stock its 28th biggest position. Resona Asset Management Co. Ltd.’s holdings in Amphenol were worth $110,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of APH. 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 worth $25,000 after purchasing an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in shares of Amphenol during the 4th quarter worth about $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Amphenol during the 4th quarter worth about $27,000. Towne Trust Company N.A acquired a new stake in shares of Amphenol during the 4th quarter worth about $34,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Amphenol during the 4th quarter worth about $34,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Robert W. Baird set a $177.00 price objective on Amphenol in a research report on Thursday, April 30th. The Goldman Sachs Group raised their target price on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. UBS Group restated a “buy” rating and set a $178.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 target price on Amphenol in a report on Tuesday, March 17th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $176.53.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of Amphenol stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders sold a total of 130,775 shares of company stock worth $18,709,350 over the last quarter. Insiders own 1.42% of the company’s stock.

Amphenol Stock Performance

Shares of Amphenol stock opened at $121.70 on Tuesday. The business has a 50-day moving average of $135.28 and a 200 day moving average of $139.03. Amphenol Corporation has a 12 month low of $83.44 and a 12 month high of $167.04. The stock has a market capitalization of $149.71 billion, a price-to-earnings ratio of 34.97, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same period last year, the business posted $0.63 EPS. Amphenol’s revenue for the quarter 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, sell-side analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Dividend Announcement

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

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.