Element Squared LLC Decreases Stock Position in Amphenol Corporation $APH

Element Squared LLC cut its stake in shares of Amphenol Corporation (NYSE:APH) by 21.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 16,976 shares of the electronics maker’s stock after selling 4,555 shares during the period. Element Squared LLC’s holdings in Amphenol were worth $2,145,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of APH. Vermillion & White Wealth Management Group LLC grew its stake in shares of Amphenol by 163.8% during the fourth 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. raised its stake in 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 in the last quarter. Tucker Asset Management LLC purchased a new stake in Amphenol during the 4th quarter worth about $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol during the 4th quarter worth about $27,000. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Amphenol during the 1st quarter worth about $27,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APH has been the topic of several recent analyst reports. Jefferies Financial Group increased their price target on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Rothschild & Co Redburn boosted their price objective on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Robert W. Baird set a $177.00 price target on shares of Amphenol in a research note on Thursday, April 30th. Finally, BNP Paribas Exane boosted their price target on shares of Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Fourteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

Amphenol Price Performance

Shares of APH opened at $176.66 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The stock’s 50 day moving average is $145.76 and its two-hundred day moving average is $141.67. Amphenol Corporation has a twelve month low of $95.19 and a twelve month high of $178.52. The firm has a market capitalization of $217.33 billion, a PE ratio of 50.76, a P/E/G ratio of 1.46 and a beta of 1.27.

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

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is currently 28.74%.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 in the last ninety days. 1.42% of the stock is owned by company insiders.

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.