Lansforsakringar Fondforvaltning AB publ Takes $5.15 Million Position in Amphenol Corporation $APH

Lansforsakringar Fondforvaltning AB publ purchased a new stake in Amphenol Corporation (NYSE:APH) in the first quarter, HoldingsChannel reports. The fund purchased 40,745 shares of the electronics maker’s stock, valued at approximately $5,148,000.

Other large investors also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 113 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in Amphenol during the 4th quarter valued at $26,000. Board of the Pension Protection Fund bought a new stake in Amphenol in the fourth quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in Amphenol in the fourth quarter worth $29,000. Finally, HHM Wealth Advisors LLC purchased a new position in Amphenol during the first quarter worth $27,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 130,775 shares of company stock valued at $18,709,350 in the last ninety days. Insiders own 1.42% of the company’s stock.

Amphenol Stock Down 4.5%

Shares of NYSE:APH opened at $164.40 on Friday. Amphenol Corporation has a 52-week low of $95.19 and a 52-week high of $178.52. The stock has a market cap of $202.25 billion, a P/E ratio of 47.24, a price-to-earnings-growth ratio of 1.51 and a beta of 1.24. The business’s 50 day moving average is $146.39 and its 200 day moving average is $142.15. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.

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

Amphenol Dividend Announcement

The company also recently disclosed 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. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s payout ratio is presently 28.74%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Barclays reissued an “overweight” rating and issued a $198.00 price objective on shares of Amphenol in a research report on Monday, June 8th. Rothschild & Co Redburn raised their price objective on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $177.00 target price on Amphenol in a research report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $178.07.

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.