Evercore Wealth Management LLC Sells 5,511 Shares of Amphenol Corporation $APH

Evercore Wealth Management LLC lessened its holdings in shares of Amphenol Corporation (NYSE:APH) by 9.0% during the first quarter, HoldingsChannel.com reports. The firm owned 55,806 shares of the electronics maker’s stock after selling 5,511 shares during the quarter. Evercore Wealth Management LLC’s holdings in Amphenol were worth $7,051,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in APH. J. Stern & Co. LLP grew its position in Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock worth $10,374,670,000 after buying an additional 75,964,718 shares in the last quarter. Norges Bank acquired a new position in Amphenol in the 4th quarter valued at $3,052,145,000. JPMorgan Chase & Co. raised its holdings in Amphenol by 102.7% in 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 acquiring an additional 17,387,536 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Amphenol by 340.8% during the 4th quarter. Jennison Associates LLC now owns 10,257,379 shares of the electronics maker’s stock valued at $1,386,182,000 after acquiring an additional 7,930,532 shares during the period. Finally, Capital International Investors lifted its position in shares of Amphenol by 31.5% during the 4th quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker’s stock valued at $3,200,276,000 after acquiring an additional 5,674,225 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent analyst reports. Evercore restated an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. Jefferies Financial Group upped their price objective on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. The Goldman Sachs Group increased their price objective on shares of Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Seaport Research Partners restated a “buy” rating and issued a $215.00 target price on shares of Amphenol in a research report on Thursday, April 30th. Finally, Citigroup reaffirmed a “buy” rating and set a $195.00 price target (up from $180.00) on shares of Amphenol in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Buy” and an average target price of $186.00.

Amphenol Price Performance

Amphenol stock opened at $149.17 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. Amphenol Corporation has a 52 week low of $102.76 and a 52 week high of $178.52. The stock has a market capitalization of $183.52 billion, a P/E ratio of 42.87, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. The stock has a fifty day moving average of $153.29 and a 200-day moving average of $144.75.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, sell-side analysts expect that Amphenol Corporation will post 4.87 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of Amphenol stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 130,775 shares of company stock valued at $18,709,350. Company insiders own 1.42% of the company’s stock.

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.