Waterway Wealth Management LLC Takes Position in Amphenol Corporation $APH

Waterway Wealth Management LLC bought a new position in shares of Amphenol Corporation (NYSE:APH) during the first quarter, Holdings Channel.com reports. The fund bought 6,793 shares of the electronics maker’s stock, valued at approximately $858,000.

Several other hedge funds have also bought and sold shares of the business. Topsail Wealth Management LLC raised its holdings in Amphenol by 2.2% during the first quarter. Topsail Wealth Management LLC now owns 9,226 shares of the electronics maker’s stock worth $1,166,000 after buying an additional 195 shares during the last quarter. AA Financial Advisors LLC acquired a new position in shares of Amphenol during the first quarter valued at about $209,000. Independent Wealth Network Inc. increased its position in shares of Amphenol by 3.9% during the first quarter. Independent Wealth Network Inc. now owns 2,902 shares of the electronics maker’s stock worth $367,000 after acquiring an additional 110 shares in the last quarter. LifeWealth Investments LLC increased its position in shares of Amphenol by 8.8% during the first quarter. LifeWealth Investments LLC now owns 5,988 shares of the electronics maker’s stock worth $757,000 after acquiring an additional 486 shares in the last quarter. Finally, OLD National Bancorp IN raised its holdings in shares of Amphenol by 20.8% in the 1st quarter. OLD National Bancorp IN now owns 19,566 shares of the electronics maker’s stock worth $2,472,000 after acquiring an additional 3,375 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the 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 transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 130,775 shares of company stock valued at $18,709,350 in the last 90 days. 1.42% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on APH shares. Rothschild & Co Redburn increased their price objective on Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group lifted their target price on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. UBS Group reiterated 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. Truist Financial increased their price target on Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. raised their price objective on Amphenol from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $178.07.

Amphenol Stock Up 1.4%

Shares of NYSE:APH opened at $165.04 on Friday. Amphenol Corporation has a 1 year low of $95.19 and a 1 year high of $168.75. The company has a market capitalization of $203.04 billion, a PE ratio of 47.43, a price-to-earnings-growth ratio of 1.42 and a beta of 1.27. The business has a fifty day moving average price of $144.55 and a two-hundred day moving average price of $141.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The company 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Analysts forecast that Amphenol Corporation will post 4.78 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s payout ratio is currently 28.74%.

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.