Suncoast Equity Management Takes Position in Amphenol Corporation $APH

Suncoast Equity Management bought a new stake in shares of Amphenol Corporation (NYSE:APH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 103,230 shares of the electronics maker’s stock, valued at approximately $13,951,000. Amphenol makes up 1.4% of Suncoast Equity Management’s holdings, making the stock its 21st largest position.

Other hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC bought a new position in Amphenol in the 4th quarter worth about $26,000. Board of the Pension Protection Fund bought a new position in Amphenol in the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new position in Amphenol in the 4th quarter worth about $29,000. Towne Trust Company N.A bought a new position in Amphenol in the 4th quarter worth about $34,000. Finally, Laurel Wealth Advisors LLC bought a new position in Amphenol in the 4th quarter worth about $34,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on APH. The Goldman Sachs Group boosted their target price on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Barclays reissued an “overweight” rating and issued a $180.00 target price (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Monday, April 20th. Piper Sandler set a $165.00 target price on Amphenol in a research report on Tuesday, March 17th. Finally, Jefferies Financial Group boosted their target price on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $176.87.

Amphenol Price Performance

NYSE APH opened at $148.41 on Monday. Amphenol Corporation has a 52 week low of $87.95 and a 52 week high of $167.04. The firm has a market capitalization of $182.58 billion, a P/E ratio of 42.65, a PEG ratio of 1.30 and a beta of 1.27. 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 company has a 50-day moving average price of $135.34 and a 200-day moving average price of $138.69.

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

Amphenol Announces Dividend

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 paid 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 dividend yield of 0.7%. Amphenol’s payout ratio is 28.74%.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction 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 approximately $277,368,257.30. The trade was a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 130,775 shares of company stock worth $18,709,350. Insiders own 1.42% of the company’s stock.

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.