Wilmington Savings Fund Society FSB Sells 23,971 Shares of Amphenol Corporation $APH

Wilmington Savings Fund Society FSB reduced its position in shares of Amphenol Corporation (NYSE:APHFree Report) by 65.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,609 shares of the electronics maker’s stock after selling 23,971 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Amphenol were worth $1,560,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Financial Management Professionals Inc. grew its position in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares in the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the third quarter valued at about $30,000. Riggs Asset Managment Co. Inc. lifted its stake in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Howard Hughes Medical Institute bought a new position in Amphenol during the 2nd quarter worth about $26,000. Finally, Evolution Wealth Management Inc. bought a new position in Amphenol during the 2nd quarter worth about $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Truist Financial set a $182.00 price target on shares of Amphenol in a research report on Tuesday, January 13th. Citigroup increased their target price on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Piper Sandler set a $165.00 target price on Amphenol in a research note on Tuesday. Finally, Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $152.36.

Get Our Latest Report on Amphenol

Amphenol Stock Up 2.1%

Shares of APH stock opened at $130.50 on Friday. The stock’s fifty day moving average price is $143.72 and its 200 day moving average price is $135.12. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04. The company has a market cap of $160.41 billion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. 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 (NYSE:APHGet Free Report) last issued its quarterly earnings results 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 return on equity of 35.57% and a net margin of 18.49%.The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter last year, the company earned $0.55 earnings per share. The company’s quarterly revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

About Amphenol

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.