Amphenol Corporation $APH Shares Sold by Carmignac Gestion

Carmignac Gestion decreased its holdings in Amphenol Corporation (NYSE:APH) by 44.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 669,236 shares of the electronics maker’s stock after selling 524,964 shares during the quarter. Amphenol comprises approximately 1.3% of Carmignac Gestion’s portfolio, making the stock its 21st biggest holding. Carmignac Gestion’s holdings in Amphenol were worth $84,558,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Amphenol by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker’s stock worth $17,102,440,000 after purchasing an additional 1,322,682 shares during the period. J. Stern & Co. LLP lifted its stake in shares of Amphenol by 9,435.8% in the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the period. State Street Corp boosted its holdings in Amphenol by 1.6% during the fourth quarter. State Street Corp now owns 56,913,598 shares of the electronics maker’s stock worth $7,705,440,000 after buying an additional 888,526 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Amphenol by 102.7% during the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after buying an additional 17,387,536 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Amphenol by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock worth $4,087,372,000 after buying an additional 748,813 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Record Q2 beat estimates: Amphenol reported earnings of $1.35 per share versus the $1.19 consensus and revenue of $8.76 billion versus expectations of $8.26 billion. Revenue grew 55% year over year, reflecting strong demand across connectivity markets. Amphenol Q2 Earnings Snapshot
• Positive Sentiment: AI demand is accelerating: Management highlighted robust orders and expanding demand for AI infrastructure, including high-speed connectivity products. Acquisitions are broadening Amphenol’s exposure to AI data centers and other key end markets, supporting higher 2026 expectations. Amphenol Builds AI Edge Through Strategic Acquisitions
• Positive Sentiment: Q3 outlook also topped expectations: Amphenol guided to approximately $1.40–$1.42 in third-quarter EPS, reinforcing expectations for continued momentum after the strong second quarter. Amphenol Surges After Q2 Results
• Positive Sentiment: Analysts raised targets: BNP Paribas Exane lifted its target to $215 from $200 with an “outperform” rating, while Truist raised its target to $215 and Citi increased its target to $210; all maintained bullish ratings. Analyst Price Target Changes
• Neutral Sentiment: Key consideration: The bullish outlook depends on sustained AI infrastructure spending, continued strong orders and successful integration of acquired businesses. At roughly 40 times earnings, expectations for execution remain elevated. Amphenol Q2 2026 Earnings Call Transcript

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the sale, the chief executive officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on APH. Seaport Research Partners reiterated a “buy” rating and set a $215.00 price target on shares of Amphenol in a research report on Thursday, April 30th. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Barclays reaffirmed an “overweight” rating and issued a $200.00 price objective (up from $198.00) on shares of Amphenol in a research note on Monday, July 13th. Truist Financial lifted their price objective on Amphenol from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on Amphenol from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Amphenol currently has a consensus rating of “Buy” and an average price target of $191.67.

Amphenol Stock Up 0.0%

Shares of NYSE APH opened at $160.72 on Monday. The firm’s 50-day moving average is $155.61 and its two-hundred day moving average is $145.14. The company has a market capitalization of $197.73 billion, a PE ratio of 40.28, a price-to-earnings-growth ratio of 1.30 and a beta of 1.24. Amphenol Corporation has a 12-month low of $102.76 and a 12-month high of $178.52. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. During the same period last year, the company posted $0.81 EPS. The company’s revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts anticipate that Amphenol Corporation will post 5.13 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is presently 25.06%.

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.