Van ECK Associates Corp boosted its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 2.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 216,816 shares of the electronics maker’s stock after acquiring an additional 5,312 shares during the quarter. Van ECK Associates Corp’s holdings in Amphenol were worth $26,831,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in APH. Financial Management Professionals Inc. lifted its holdings in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the period. Howard Hughes Medical Institute acquired a new stake in Amphenol in the 2nd quarter worth $26,000. Alpine Bank Wealth Management bought a new stake in shares of Amphenol during the third quarter valued at approximately $30,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Amphenol during the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.
Insider Buying and Selling at Amphenol
In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.67% of the stock is owned by corporate insiders.
Amphenol Price Performance
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company’s revenue for the quarter was up 49.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, sell-side analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.
Amphenol Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, March 23rd. Amphenol’s dividend payout ratio (DPR) is presently 29.94%.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the company. Truist Financial set a $182.00 price objective on Amphenol in a report on Tuesday, January 13th. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $160.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday, January 27th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.38.
Amphenol Company 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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