Braun Stacey Associates Inc. Sells 18,704 Shares of Amphenol Corporation $APH

Braun Stacey Associates Inc. reduced its position in Amphenol Corporation (NYSE:APH) by 9.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 189,972 shares of the electronics maker’s stock after selling 18,704 shares during the period. Braun Stacey Associates Inc.’s holdings in Amphenol were worth $24,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Amphenol during the fourth quarter valued at $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Amphenol during the fourth quarter valued at $27,000. Finally, HHM Wealth Advisors LLC purchased a new stake in shares of Amphenol during the first quarter valued at $27,000. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Down 0.9%

Amphenol stock opened at $163.73 on Friday. Amphenol Corporation has a one year low of $95.19 and a one year high of $168.75. The stock has a fifty day moving average of $144.88 and a 200 day moving average of $141.20. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The stock has a market cap of $201.43 billion, a PE ratio of 47.05, a price-to-earnings-growth ratio of 1.43 and a beta of 1.27.

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

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is presently 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 shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 over the last quarter. Company insiders own 1.42% of the company’s stock.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of recent analyst reports. Citigroup reissued a “buy” rating and issued a $180.00 target price (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and set a $178.00 price target (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Piper Sandler set a $165.00 price target on shares of Amphenol in a research note on Tuesday, March 17th. Seaport Research Partners reissued a “buy” rating and set a $215.00 price objective on shares of Amphenol in a report on Thursday, April 30th. Finally, The Goldman Sachs Group increased their price objective on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

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.