Venturi Wealth Management LLC Sells 3,887 Shares of Amphenol Corporation $APH

Venturi Wealth Management LLC cut its stake in Amphenol Corporation (NYSE:APH) by 23.9% during the first quarter, HoldingsChannel reports. The firm owned 12,383 shares of the electronics maker’s stock after selling 3,887 shares during the period. Venturi Wealth Management LLC’s holdings in Amphenol were worth $1,564,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Generali Asset Management SPA SGR lifted its position in Amphenol by 20.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock valued at $11,767,000 after acquiring an additional 14,612 shares during the last quarter. Regents Gate Capital LLP grew its holdings in Amphenol by 54.8% in the third quarter. Regents Gate Capital LLP now owns 96,908 shares of the electronics maker’s stock worth $11,992,000 after purchasing an additional 34,289 shares during the last quarter. Praxis Investment Management Inc. increased its holdings in shares of Amphenol by 86.3% during the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock valued at $3,647,000 after acquiring an additional 12,502 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Amphenol by 2.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock valued at $371,704,000 after acquiring an additional 70,938 shares in the last quarter. Finally, CGN Advisors LLC purchased a new position in shares of Amphenol in the 4th quarter valued at approximately $1,592,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Down 0.9%

Shares of APH stock opened at $163.73 on Friday. The stock’s fifty day moving average is $144.88 and its two-hundred day moving average is $141.20. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The firm has a market capitalization of $201.43 billion, a P/E ratio of 47.05, a PEG ratio of 1.43 and a beta of 1.27. Amphenol Corporation has a fifty-two week low of $95.19 and a fifty-two week high of $168.75.

Amphenol (NYSE:APH) last released its quarterly earnings data 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 net margin of 17.24% and a return on equity of 37.44%. The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. Amphenol’s quarterly revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol’s dividend payout ratio is currently 28.74%.

Insider Activity

In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on APH shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. JPMorgan Chase & Co. upped their target price on Amphenol from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Barclays reissued an “overweight” rating and set a $198.00 target price on shares of Amphenol in a report on Monday, June 8th. Jefferies Financial Group upped their price target on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 price target on Amphenol in a research report on Tuesday, March 17th. Fourteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $178.07.

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.