Amphenol Corporation $APH is Varenne Capital Partners’ Largest Position

Varenne Capital Partners lessened its stake in Amphenol Corporation (NYSE:APH) by 22.2% during the third quarter, Holdings Channel reports. The firm owned 601,936 shares of the electronics maker’s stock after selling 171,809 shares during the period. Amphenol makes up approximately 14.1% of Varenne Capital Partners’ portfolio, making the stock its largest position. Varenne Capital Partners’ holdings in Amphenol were worth $74,490,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its stake in shares of Amphenol by 8.4% in the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after acquiring an additional 2,217,079 shares in the last quarter. Norges Bank bought a new position in shares of Amphenol during the second quarter valued at about $2,104,244,000. Franklin Resources Inc. boosted its holdings in Amphenol by 13.4% during the second quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker’s stock worth $1,239,017,000 after purchasing an additional 1,486,105 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Amphenol by 1.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 7,088,586 shares of the electronics maker’s stock worth $699,998,000 after purchasing an additional 133,966 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Amphenol by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,034,166 shares of the electronics maker’s stock valued at $746,728,000 after buying an additional 150,407 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Evercore reissued an “outperform” rating and issued a $165.00 price objective on shares of Amphenol in a research report on Tuesday, January 20th. Barclays restated an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a research note on Thursday, January 29th. US Capital Advisors set a $165.00 target price on Amphenol in a research note on Friday, January 9th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $183.00 price target on shares of Amphenol in a research report on Thursday, January 15th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.38.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.67% of the company’s stock.

Amphenol Stock Down 4.3%

Shares of NYSE APH opened at $129.40 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48. The stock has a market capitalization of $159.06 billion, a PE ratio of 38.74, a P/E/G ratio of 1.43 and a beta of 1.20. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04. The business’s fifty day moving average price is $144.71 and its 200-day moving average price is $133.47.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm’s quarterly revenue was up 49.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol’s dividend payout ratio is presently 29.94%.

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.