Bank of New York Mellon Corp Lowers Holdings in Amphenol Corporation $APH

Bank of New York Mellon Corp lowered its holdings in Amphenol Corporation (NYSE:APH) by 26.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 17,710,133 shares of the electronics maker’s stock after selling 6,290,275 shares during the period. Bank of New York Mellon Corp’s holdings in Amphenol were worth $2,393,347,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Tucker Asset Management LLC purchased a new stake in Amphenol in the 4th quarter valued at about $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Amphenol in the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Amphenol in the 4th quarter worth approximately $29,000. Towne Trust Company N.A purchased a new position in shares of Amphenol during the 4th quarter worth approximately $34,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in Amphenol in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is owned by company insiders.

Analyst Ratings Changes

APH has been the topic of several research analyst reports. Robert W. Baird set a $177.00 price objective on Amphenol in a report on Thursday, April 30th. The Goldman Sachs Group raised their target price on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Evercore reiterated an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Seaport Research Partners reissued a “buy” rating and issued a $215.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and a consensus target price of $176.87.

Amphenol Trading Up 1.4%

NYSE APH opened at $148.40 on Wednesday. The firm’s fifty day moving average price is $135.66 and its 200 day moving average price is $138.71. Amphenol Corporation has a 12 month low of $90.71 and a 12 month high of $167.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The company has a market capitalization of $182.56 billion, a price-to-earnings ratio of 42.64, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27.

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

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 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 0.7%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.

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.