Norges Bank Purchases New Position in Amphenol Corporation $APH

Norges Bank purchased a new stake in Amphenol Corporation (NYSE:APH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,585,063 shares of the electronics maker’s stock, valued at approximately $3,052,145,000. Norges Bank owned approximately 1.85% of Amphenol as of its most recent SEC filing.

Several other large investors have also modified their holdings of 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 during the period. Tucker Asset Management LLC acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $29,000. Finally, Towne Trust Company N.A acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $34,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

APH has been the subject of several research analyst reports. Rothschild & Co Redburn increased their price objective on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Zacks Research downgraded Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. The Goldman Sachs Group increased their price objective on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Robert W. Baird set a $177.00 price objective on Amphenol in a report on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Fourteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $176.87.

Amphenol Price Performance

Amphenol stock opened at $148.41 on Friday. Amphenol Corporation has a 12 month low of $87.95 and a 12 month high of $167.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The business has a 50 day simple moving average of $135.34 and a 200-day simple moving average of $138.73. The stock has a market capitalization of $182.58 billion, a PE ratio of 42.65, a price-to-earnings-growth ratio of 1.29 and a beta of 1.29.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter in the prior year, the business earned $0.63 earnings per share. The company’s quarterly revenue was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts predict that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. 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%.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction 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 $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 130,775 shares of company stock worth $18,709,350 in the last three months. 1.42% of the stock is owned by corporate insiders.

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.