HITE Hedge Asset Management LLC Takes Position in Amphenol Corporation $APH

HITE Hedge Asset Management LLC purchased a new position in shares of Amphenol Corporation (NYSE:APH) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 12,381 shares of the electronics maker’s stock, valued at approximately $1,532,000.

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

Analyst Ratings Changes

A number of research analysts have weighed in on APH shares. Barclays reiterated an “overweight” rating and set a $175.00 price objective (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. Citigroup raised their price target on shares of Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. US Capital Advisors set a $165.00 price objective on Amphenol in a report on Friday, January 9th. Finally, UBS Group restated a “buy” rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $151.38.

Amphenol Trading Down 2.3%

NYSE:APH opened at $131.41 on Friday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $167.04. The firm has a 50-day moving average price of $144.35 and a two-hundred day moving average price of $134.33. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. The firm has a market cap of $161.53 billion, a price-to-earnings ratio of 39.35, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20.

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

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is currently 29.94%.

Insider Activity

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 sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $283,863,955.89. The trade was a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.67% of the stock is currently owned by corporate insiders.

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.