Ninepoint Partners LP Cuts Stock Holdings in Amphenol Corporation $APH

Ninepoint Partners LP lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 75.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,120 shares of the electronics maker’s stock after selling 6,502 shares during the quarter. Ninepoint Partners LP’s holdings in Amphenol were worth $262,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of APH. Financial Management Professionals Inc. grew its stake in shares of Amphenol by 82.6% in the 3rd 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. boosted its holdings in Amphenol by 200.0% during the second 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 Amphenol in the 2nd quarter worth about $26,000. Alpine Bank Wealth Management purchased a new stake in Amphenol in the 3rd quarter valued at about $30,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Amphenol in the 2nd quarter worth approximately $31,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Down 1.7%

Shares of APH opened at $145.94 on Friday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $167.04. The business has a 50-day moving average of $144.87 and a 200 day moving average of $132.84. The firm has a market cap of $179.39 billion, a P/E ratio of 43.70, a price-to-earnings-growth ratio of 1.57 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 (NYSE:APH) last released its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company’s revenue was up 49.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be 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 is Monday, March 23rd. Amphenol’s payout ratio is currently 29.94%.

Insider Buying and Selling at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the 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 sale, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on APH. US Capital Advisors set a $165.00 price target on Amphenol in a research report on Friday, January 9th. Barclays reaffirmed an “overweight” rating and set a $175.00 target price (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. Evercore reiterated an “outperform” rating and set a $165.00 target price on shares of Amphenol in a research note on Tuesday, January 20th. UBS Group restated a “buy” rating and set a $174.00 price target (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $151.38.

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.