T. Rowe Price Investment Management Inc. Decreases Stock Position in Amphenol Corporation $APH

T. Rowe Price Investment Management Inc. trimmed its position in shares of Amphenol Corporation (NYSE:APH) by 16.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,162,140 shares of the electronics maker’s stock after selling 2,041,357 shares during the period. Amphenol comprises approximately 0.9% of T. Rowe Price Investment Management Inc.’s investment portfolio, making the stock its 24th largest position. T. Rowe Price Investment Management Inc.’s holdings in Amphenol were worth $1,373,312,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC grew its stake in shares of Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Tucker Asset Management LLC purchased a new position in Amphenol in the fourth quarter valued at about $26,000. Board of the Pension Protection Fund acquired a new stake in Amphenol during the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in Amphenol during the 4th quarter valued at approximately $29,000. Finally, Tacita Capital Inc increased its holdings in Amphenol by 145.6% during 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 during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This trade represents 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 at this link. In the last ninety days, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is owned by corporate insiders.

Amphenol Stock Up 1.9%

APH stock opened at $164.23 on Friday. The firm has a market cap of $202.05 billion, a price-to-earnings ratio of 47.19, a PEG ratio of 1.41 and a beta of 1.27. Amphenol Corporation has a 1-year low of $92.98 and a 1-year high of $167.04. The firm has a fifty day moving average price of $142.34 and a two-hundred day moving average price of $140.20. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

Amphenol (NYSE:APH) last issued its earnings results 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. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm had revenue of $7.62 billion for the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter last year, the company posted $0.63 earnings per share. 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. Research analysts predict that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s payout ratio is currently 28.74%.

Analyst Ratings Changes

Several research firms have recently commented on APH. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and issued a $178.00 price target (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Jefferies Financial Group increased 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. Finally, Evercore reissued an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.