Invesco Ltd. Trims Holdings in Amphenol Corporation $APH

Invesco Ltd. decreased its position in shares of Amphenol Corporation (NYSE:APH) by 1.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,950,722 shares of the electronics maker’s stock after selling 114,336 shares during the quarter. Invesco Ltd.’s holdings in Amphenol were worth $1,209,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of APH. Vermillion & White Wealth Management Group LLC raised its position in shares of Amphenol by 163.8% during 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 period. Riggs Asset Managment Co. Inc. boosted its holdings in Amphenol by 200.0% in the 2nd 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 period. Tucker Asset Management LLC purchased a new stake in Amphenol in the 4th quarter worth $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol in the 4th quarter worth $27,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Amphenol during the fourth quarter valued at about $29,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Price Performance

Shares of Amphenol stock opened at $164.23 on Friday. The stock has a 50 day moving average of $142.34 and a 200 day moving average of $140.20. Amphenol Corporation has a 12 month low of $92.98 and a 12 month high of $167.04. The firm has a market cap of $202.05 billion, a PE ratio of 47.19, a PEG ratio of 1.41 and a beta of 1.27. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion for 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%.The company’s revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, research analysts expect that Amphenol Corporation will post 4.76 EPS 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 given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s payout ratio is currently 28.74%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on APH shares. Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Seaport Research Partners reissued a “buy” rating and issued a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. Piper Sandler set a $165.00 price target on Amphenol in a research note on Tuesday, March 17th. Truist Financial upped their target price on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, BNP Paribas Exane raised their target price on shares of Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $178.07.

Insider Transactions at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 over the last quarter. 1.42% of the stock is owned by corporate insiders.

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.