CIBC Bancorp USA Inc. Takes $20.80 Million Position in Amphenol Corporation $APH

CIBC Bancorp USA Inc. purchased a new position in shares of Amphenol Corporation (NYSE:APH) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 168,039 shares of the electronics maker’s stock, valued at approximately $20,795,000.

Several other hedge funds and other institutional investors have also bought and sold shares of APH. Riggs Asset Managment Co. Inc. boosted its stake 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 buying an additional 168 shares during the period. Financial Management Professionals Inc. increased its stake in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 90 shares during the period. Howard Hughes Medical Institute acquired a new position in Amphenol in the 2nd quarter valued at $26,000. Alpine Bank Wealth Management bought a new stake in shares of Amphenol during the 3rd quarter valued at $30,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Amphenol during the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.67% of the stock is owned by insiders.

Amphenol Stock Performance

Amphenol stock opened at $127.86 on Thursday. The business has a 50 day moving average of $143.83 and a 200-day moving average of $135.15. The company has a market capitalization of $157.17 billion, a P/E ratio of 38.28, a P/E/G ratio of 1.43 and a beta of 1.20. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $167.04. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48.

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

Amphenol Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Fox Advisors restated an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. UBS Group reaffirmed a “buy” rating and set a $174.00 price objective (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Evercore restated an “outperform” rating on shares of Amphenol in a research report on Tuesday. Finally, Citigroup boosted their target price on shares of Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.36.

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.