Amphenol Corporation $APH Shares Sold by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC lowered its position in shares of Amphenol Corporation (NYSE:APH) by 20.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 470,080 shares of the electronics maker’s stock after selling 121,716 shares during the period. Amphenol makes up about 1.1% of Wedge Capital Management L L P NC’s investment portfolio, making the stock its 9th largest position. Wedge Capital Management L L P NC’s holdings in Amphenol were worth $63,527,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Grant Private Wealth Management Inc acquired a new position in shares of Amphenol in the 3rd quarter valued at approximately $515,000. DSG Capital Advisors LLC grew its position in shares of Amphenol by 230.9% during the third quarter. DSG Capital Advisors LLC now owns 10,688 shares of the electronics maker’s stock worth $1,323,000 after buying an additional 7,458 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of Amphenol by 10.7% in the third quarter. Oppenheimer Asset Management Inc. now owns 271,766 shares of the electronics maker’s stock worth $33,631,000 after buying an additional 26,175 shares during the last quarter. Regents Gate Capital LLP increased its stake in shares of 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 buying an additional 34,289 shares during the last quarter. Finally, Estate Counselors LLC acquired a new stake in Amphenol in the third quarter valued at $3,831,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on APH. UBS Group reissued a “buy” rating and set a $174.00 price objective (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. US Capital Advisors set a $165.00 target price on shares of Amphenol in a research note on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Barclays restated an “overweight” rating and set a $175.00 price objective (up from $156.00) on shares of Amphenol in a research note on Thursday, January 29th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $152.36.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, 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 legal filing with the SEC, which is available at this link. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Up 0.6%

APH stock opened at $123.81 on Friday. The firm has a market cap of $152.19 billion, a price-to-earnings ratio of 37.07, a PEG ratio of 1.30 and a beta of 1.20. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04. The firm has a fifty day moving average price of $141.14 and a two-hundred day moving average price of $135.80. 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:APH) last posted its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. During the same period last year, the firm posted $0.55 EPS. The company’s revenue for the quarter was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently announced 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 yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is currently 29.94%.

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.