Saturna Capital Corp Reduces Stock Position in Amphenol Corporation $APH

Saturna Capital Corp cut its stake in shares of Amphenol Corporation (NYSE:APH) by 9.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,153 shares of the electronics maker’s stock after selling 3,362 shares during the period. Saturna Capital Corp’s holdings in Amphenol were worth $4,063,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Amphenol by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker’s stock valued at $17,102,440,000 after acquiring an additional 1,322,682 shares during the last quarter. J. Stern & Co. LLP grew its stake in shares of Amphenol by 9,435.8% during the 4th quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the period. State Street Corp grew its stake in shares of Amphenol by 1.6% during the 4th quarter. State Street Corp now owns 56,913,598 shares of the electronics maker’s stock valued at $7,705,440,000 after purchasing an additional 888,526 shares during the period. JPMorgan Chase & Co. increased its position in shares of Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after purchasing an additional 17,387,536 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Amphenol by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock worth $4,087,372,000 after purchasing an additional 748,813 shares during the period. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Barclays reissued an “overweight” rating and issued a $200.00 price objective (up from $198.00) on shares of Amphenol in a report on Monday, July 13th. Robert W. Baird set a $177.00 price target on shares of Amphenol in a research report on Thursday, April 30th. Evercore reiterated an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. Zacks Research raised shares of Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $186.00.

Amphenol Trading Up 4.9%

Shares of NYSE:APH opened at $157.92 on Wednesday. The stock has a 50 day moving average of $150.96 and a 200 day moving average of $144.32. The company has a market cap of $194.28 billion, a PE ratio of 45.38, a price-to-earnings-growth ratio of 1.29 and a beta of 1.24. Amphenol Corporation has a 12-month low of $95.19 and a 12-month high of $178.52. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18.

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 net margin of 17.24% and a return on equity of 37.44%. The firm’s revenue was up 58.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities research analysts expect that Amphenol Corporation will post 4.87 EPS for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol’s payout ratio is 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.