Amphenol Corporation $APH Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its stake in Amphenol Corporation (NYSE:APH) by 5.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,896,337 shares of the electronics maker’s stock after purchasing an additional 145,847 shares during the quarter. Principal Financial Group Inc.’s holdings in Amphenol were worth $365,954,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Generali Asset Management SPA SGR increased its holdings in shares of Amphenol by 20.2% in the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock valued at $11,767,000 after purchasing an additional 14,612 shares during the period. Praxis Investment Management Inc. lifted its holdings in shares of Amphenol by 86.3% during the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock worth $3,647,000 after purchasing an additional 12,502 shares during the period. CGN Advisors LLC purchased a new stake in Amphenol in the fourth quarter valued at approximately $1,592,000. Global Retirement Partners LLC boosted its position in Amphenol by 110.5% in the fourth quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock valued at $2,526,000 after buying an additional 9,812 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in Amphenol by 4.5% in the 4th quarter. Nordea Investment Management AB now owns 776,512 shares of the electronics maker’s stock worth $105,505,000 after buying an additional 33,563 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

APH opened at $156.06 on Tuesday. The firm’s fifty day simple moving average is $148.18 and its two-hundred day simple moving average is $143.57. Amphenol Corporation has a 52-week low of $95.19 and a 52-week high of $178.52. The company has a market cap of $191.99 billion, a price-to-earnings ratio of 44.85, a PEG ratio of 1.39 and a beta of 1.24. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating the consensus estimate of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter last year, the firm earned $0.63 earnings per share. The business’s revenue for the quarter was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of Amphenol stock in a transaction on Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have commented on the stock. BNP Paribas Exane lifted their price objective on shares of Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. TD Cowen reissued a “hold” rating and set a $175.00 target price (up from $135.00) on shares of Amphenol in a report on Monday. Citigroup restated a “buy” rating and set a $195.00 target price (up from $180.00) on shares of Amphenol in a research report on Monday. Rothschild & Co Redburn upped their price target on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Evercore reaffirmed an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. Fourteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $186.00.

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.