Amphenol Corporation $APH Shares Sold by State of Alaska Department of Revenue
by Renee Jackson · The Cerbat GemState of Alaska Department of Revenue cut its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,462 shares of the electronics maker’s stock after selling 10,495 shares during the period. State of Alaska Department of Revenue’s holdings in Amphenol were worth $16,279,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in APH. Capital International Investors increased its position in shares of Amphenol by 446.9% during the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock worth $2,228,288,000 after purchasing an additional 14,714,177 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Amphenol by 106.9% during the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after buying an additional 8,021,284 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Amphenol by 693.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 7,279,457 shares of the electronics maker’s stock valued at $900,833,000 after buying an additional 6,362,533 shares during the last quarter. Lone Pine Capital LLC purchased a new stake in shares of Amphenol during the third quarter valued at $374,125,000. Finally, Jennison Associates LLC purchased a new stake in shares of Amphenol during the third quarter valued at $287,947,000. 97.01% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
APH has been the topic of a number of research analyst reports. Piper Sandler set a $165.00 price objective on shares of Amphenol in a report on Tuesday, March 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. Barclays reiterated an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 price objective on shares of Amphenol in a research report on Thursday, January 15th. Finally, US Capital Advisors set a $165.00 price objective on shares of Amphenol in a report on Friday, January 9th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $151.87.
Check Out Our Latest Stock Analysis on APH
Insider Buying and Selling at Amphenol
In other news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.67% of the stock is currently owned by insiders.
Amphenol Stock Performance
NYSE:APH opened at $140.64 on Monday. Amphenol Corporation has a fifty-two week low of $62.55 and a fifty-two week high of $167.04. The company has a 50 day moving average price of $136.54 and a 200 day moving average price of $136.64. The stock has a market capitalization of $172.90 billion, a P/E ratio of 42.11, a PEG ratio of 1.47 and a beta of 1.25. 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 (NYSE:APH – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. During the same period last year, the firm posted $0.55 EPS. Amphenol’s revenue for the quarter was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s payout ratio 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.
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