Westpac Banking Corp raised its position in Amphenol Corporation (NYSE:APH – Free Report) by 52.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 88,432 shares of the electronics maker’s stock after purchasing an additional 30,612 shares during the period. Amphenol makes up 0.7% of Westpac Banking Corp’s portfolio, making the stock its 24th biggest holding. Westpac Banking Corp’s holdings in Amphenol were worth $10,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently modified their holdings of the business. Financial Management Professionals Inc. increased its position in Amphenol by 82.6% during the third 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. Riggs Asset Managment Co. Inc. grew its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new position in shares of Amphenol during the second quarter worth approximately $26,000. Alpine Bank Wealth Management acquired a new stake in shares of Amphenol in the third quarter valued at approximately $30,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Amphenol in the second quarter valued at approximately $31,000. Institutional investors own 97.01% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. UBS Group restated a “buy” rating and set a $174.00 price objective (up from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. US Capital Advisors set a $165.00 target price on Amphenol in a report on Friday, January 9th. Citigroup boosted their price target on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. Finally, Fox Advisors reaffirmed an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average target price of $151.38.
Amphenol Trading Up 0.7%
APH opened at $152.57 on Thursday. The company has a market cap of $187.54 billion, a P/E ratio of 45.68, a PEG ratio of 1.60 and a beta of 1.20. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. The company’s 50 day moving average is $144.28 and its 200-day moving average is $132.48. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04.
Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm’s revenue was up 49.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders 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 0.7%. Amphenol’s dividend payout ratio is currently 29.94%.
Insider Buying and Selling
In other Amphenol news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction 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 approximately $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.67% of the stock is owned by company insiders.
Amphenol Company 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.
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