Legato Capital Management LLC Decreases Stake in Amphenol Corporation $APH

Legato Capital Management LLC cut its stake in Amphenol Corporation (NYSE:APH) by 42.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,573 shares of the electronics maker’s stock after selling 14,203 shares during the period. Legato Capital Management LLC’s holdings in Amphenol were worth $2,645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of APH. Riggs Asset Managment Co. Inc. raised its holdings 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 worth $25,000 after buying an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Amphenol in the 4th quarter valued at $26,000. Board of the Pension Protection Fund acquired a new position in shares of Amphenol in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new position in Amphenol in the 4th quarter worth $29,000. Finally, Towne Trust Company N.A acquired a new stake in Amphenol during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction on Friday, May 1st. The shares were 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 directly owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders have sold 130,775 shares of company stock valued at $18,709,350. Insiders own 1.42% of the company’s stock.

Amphenol Stock Performance

Shares of APH stock opened at $132.31 on Friday. Amphenol Corporation has a 52-week low of $83.44 and a 52-week high of $167.04. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The stock has a market cap of $162.77 billion, a PE ratio of 38.02, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29. The business has a 50-day simple moving average of $134.48 and a 200-day simple moving average of $138.63.

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

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s payout ratio is 28.74%.

Wall Street Analysts Forecast Growth

APH has been the topic of several research analyst reports. Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group reaffirmed a “buy” rating and set a $178.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Piper Sandler set a $165.00 price target on shares of Amphenol in a report on Tuesday, March 17th. Barclays reissued an “overweight” rating and set a $180.00 price target (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. Finally, Jefferies Financial Group lifted their price objective on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $176.53.

Amphenol Company 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.