Jacobson & Schmitt Advisors LLC Sells 24,081 Shares of Amphenol Corporation $APH

Jacobson & Schmitt Advisors LLC trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 8.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 248,300 shares of the electronics maker’s stock after selling 24,081 shares during the period. Amphenol comprises 5.2% of Jacobson & Schmitt Advisors LLC’s holdings, making the stock its 2nd largest position. Jacobson & Schmitt Advisors LLC’s holdings in Amphenol were worth $30,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of APH. Financial Management Professionals Inc. raised its holdings in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the 2nd quarter worth approximately $26,000. Alpine Bank Wealth Management acquired a new stake in shares of Amphenol in the 3rd quarter valued at approximately $30,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Amphenol in the second quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of a number of recent analyst reports. Citigroup increased their price target on shares of Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Barclays reaffirmed an “overweight” rating and issued a $175.00 target price (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. Evercore reiterated an “outperform” rating and set a $165.00 price target on shares of Amphenol in a report on Tuesday, January 20th. Wall Street Zen lowered Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Truist Financial set a $182.00 price objective on Amphenol in a research report on Tuesday, January 13th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $151.38.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The disclosure for this sale is available in the SEC filing. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Up 2.6%

Shares of APH opened at $151.64 on Wednesday. The firm has a market cap of $186.39 billion, a P/E ratio of 45.40, a price-to-earnings-growth ratio of 1.56 and a beta of 1.20. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $167.04. The firm’s 50-day simple moving average is $143.76 and its 200 day simple moving average is $132.34.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The company had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.19 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The business’s revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be given a dividend of $0.25 per share. The ex-dividend date is Monday, March 23rd. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is presently 29.94%.

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.