Cerity Partners LLC Lowers Stake in Amphenol Corporation $APH

Cerity Partners LLC lessened its position in shares of Amphenol Corporation (NYSE:APH) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,352,810 shares of the electronics maker’s stock after selling 130,343 shares during the period. Cerity Partners LLC’s holdings in Amphenol were worth $182,819,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in Amphenol by 45.8% during the fourth quarter. LPL Financial LLC now owns 1,534,970 shares of the electronics maker’s stock valued at $207,436,000 after acquiring an additional 481,821 shares during the period. Erste Asset Management GmbH grew its position in Amphenol by 4.6% during the fourth quarter. Erste Asset Management GmbH now owns 84,959 shares of the electronics maker’s stock valued at $11,938,000 after acquiring an additional 3,762 shares during the period. O Shaughnessy Asset Management LLC grew its position in Amphenol by 8.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 246,299 shares of the electronics maker’s stock valued at $33,285,000 after acquiring an additional 18,749 shares during the period. CenterBook Partners LP grew its position in Amphenol by 39.6% during the fourth quarter. CenterBook Partners LP now owns 165,968 shares of the electronics maker’s stock valued at $22,429,000 after acquiring an additional 47,054 shares during the period. Finally, Manchester Capital Management LLC boosted its position in shares of Amphenol by 1.5% in the fourth quarter. Manchester Capital Management LLC now owns 25,117 shares of the electronics maker’s stock worth $3,394,000 after buying an additional 382 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 over the last ninety days. Corporate insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on APH shares. Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group reaffirmed a “buy” rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Truist Financial upped their target price on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Seaport Research Partners reaffirmed a “buy” rating and issued a $215.00 target price on shares of Amphenol in a research report on Thursday, April 30th. Finally, Jefferies Financial Group upped their target price on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $178.07.

Amphenol Trading Up 3.4%

Shares of APH opened at $143.57 on Tuesday. The company has a market capitalization of $176.62 billion, a P/E ratio of 41.26, a P/E/G ratio of 1.22 and a beta of 1.27. Amphenol Corporation has a one year low of $91.06 and a one year high of $167.04. 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 stock has a 50-day moving average price of $137.44 and a 200 day moving average price of $139.07.

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

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is currently 28.74%.

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.