Renaissance Technologies LLC Invests $72.54 Million in Amphenol Corporation $APH

Renaissance Technologies LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 574,100 shares of the electronics maker’s stock, valued at approximately $72,538,000.

A number of other large investors have also added to or reduced their stakes in APH. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after buying an additional 91 shares during the period. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares during the period. Riggs Asset Managment Co. Inc. increased its position in Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in Amphenol during the fourth quarter valued at $26,000. Finally, HHM Wealth Advisors LLC bought a new position in Amphenol in the first quarter valued at about $27,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Trading Down 0.1%

Amphenol stock opened at $152.59 on Monday. 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 Corporation has a 12-month low of $102.76 and a 12-month high of $178.52. The firm has a market capitalization of $187.72 billion, a price-to-earnings ratio of 43.85, a P/E/G ratio of 1.31 and a beta of 1.24. The firm has a 50 day moving average of $152.74 and a 200 day moving average of $144.69.

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, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The company’s revenue was up 58.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, research analysts predict that Amphenol Corporation will post 4.87 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, June 23rd. Amphenol’s dividend payout ratio is presently 28.74%.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 130,775 shares of company stock valued at $18,709,350 in the last quarter. 1.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on APH shares. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. TD Cowen reissued a “hold” rating and issued a $175.00 price objective (up from $135.00) on shares of Amphenol in a report on Monday, July 13th. UBS Group restated a “buy” rating and set a $185.00 target price (up from $178.00) on shares of Amphenol in a research report on Thursday, July 9th. The Goldman Sachs Group upped their target price on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Rothschild & Co Redburn lifted their price target on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $186.00.

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.