SG Americas Securities LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 6,279.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,054,830 shares of the electronics maker’s stock after purchasing an additional 1,038,296 shares during the period. SG Americas Securities LLC’s holdings in Amphenol were worth $142,550,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Procyon Advisors LLC boosted its stake in Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock valued at $388,000 after purchasing an additional 74 shares in the last quarter. Binnacle Investments Inc increased its position in shares of Amphenol by 10.0% during the 3rd quarter. Binnacle Investments Inc now owns 891 shares of the electronics maker’s stock valued at $110,000 after purchasing an additional 81 shares during the period. SYM FINANCIAL Corp raised its stake in shares of Amphenol by 0.9% in the 3rd quarter. SYM FINANCIAL Corp now owns 9,266 shares of the electronics maker’s stock worth $1,147,000 after buying an additional 82 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of Amphenol by 9.4% in the third quarter. Bruce G. Allen Investments LLC now owns 975 shares of the electronics maker’s stock valued at $121,000 after buying an additional 84 shares during the period. Finally, Tower Wealth Partners Inc. boosted its stake in Amphenol by 2.1% during the third quarter. Tower Wealth Partners Inc. now owns 4,251 shares of the electronics maker’s stock valued at $526,000 after buying an additional 86 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.
Insider Buying and Selling at Amphenol
In other news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.67% of the stock is currently owned by company insiders.
Amphenol Stock Up 3.0%
Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.Amphenol’s revenue was up 49.1% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Amphenol’s dividend payout ratio (DPR) is 29.94%.
Analysts Set New Price Targets
APH has been the topic of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and set a $175.00 target price (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. UBS Group restated a “buy” rating and set a $174.00 price objective (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Finally, Piper Sandler set a $165.00 target price on shares of Amphenol in a research note on Tuesday, March 17th. Eleven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $152.36.
About Amphenol
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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