Midwest Trust Co Decreases Stake in Amphenol Corporation $APH

Midwest Trust Co lowered its stake in Amphenol Corporation (NYSE:APHFree Report) by 17.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 90,002 shares of the electronics maker’s stock after selling 19,020 shares during the period. Midwest Trust Co’s holdings in Amphenol were worth $12,163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Amphenol in the fourth quarter worth about $27,000. Towne Trust Company N.A bought a new stake in shares of Amphenol in the fourth quarter worth about $34,000. Laurel Wealth Advisors LLC purchased a new position in Amphenol during the 4th quarter valued at about $34,000. Finally, Cloud Capital Management LLC bought a new position in Amphenol during the 3rd quarter valued at approximately $38,000. Institutional investors own 97.01% of the company’s stock.

More Amphenol News

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Insider Activity

In related news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This trade represents a 21.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 646,056 shares of company stock valued at $94,594,783. 1.42% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on APH. Truist Financial boosted their target price on Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group raised their price target on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, 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. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $176.53.

Get Our Latest Report on APH

Amphenol Trading Down 0.2%

APH opened at $127.72 on Monday. 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 Corporation has a 52 week low of $80.32 and a 52 week high of $167.04. The stock has a market cap of $157.12 billion, a PE ratio of 36.70, a PEG ratio of 1.12 and a beta of 1.29. The business has a 50 day moving average of $137.31 and a 200-day moving average of $139.35.

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

Amphenol Dividend Announcement

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 paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

Amphenol Company Profile

(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.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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