Amphenol Corporation $APH is Renaissance Group LLC’s 5th Largest Position

Renaissance Group LLC decreased its stake in Amphenol Corporation (NYSE:APH) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 327,153 shares of the electronics maker’s stock after selling 23,695 shares during the period. Amphenol comprises about 1.8% of Renaissance Group LLC’s investment portfolio, making the stock its 5th biggest position. Renaissance Group LLC’s holdings in Amphenol were worth $44,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in APH. Tucker Asset Management LLC purchased a new position in Amphenol in the fourth quarter worth $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol during the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new stake in Amphenol during the fourth quarter worth about $29,000. Tacita Capital Inc boosted its holdings in shares of Amphenol by 145.6% in the 4th quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 131 shares in the last quarter. Finally, Towne Trust Company N.A purchased a new position in shares of Amphenol in the 4th quarter worth about $34,000. 97.01% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% 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 have sold a total of 130,775 shares of company stock worth $18,709,350 in the last 90 days. 1.42% of the stock is owned by insiders.

Amphenol Price Performance

APH opened at $149.54 on Thursday. 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 market capitalization of $183.97 billion, a PE ratio of 42.97, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27. The stock’s 50 day moving average price is $138.65 and its 200-day moving average price is $139.33. Amphenol Corporation has a 52-week low of $91.61 and a 52-week high of $167.04.

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

Amphenol Dividend Announcement

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

Analyst Upgrades and Downgrades

APH has been the topic of a number of research reports. The Goldman Sachs Group raised their price objective on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Piper Sandler set a $165.00 price target on shares of Amphenol in a research report on Tuesday, March 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, Evercore reaffirmed an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.