NorthCrest Asset Manangement LLC Grows Position in Amphenol Corporation $APH

NorthCrest Asset Manangement LLC raised its stake in shares of Amphenol Corporation (NYSE:APHFree Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,677 shares of the electronics maker’s stock after acquiring an additional 21,819 shares during the period. Amphenol comprises approximately 1.0% of NorthCrest Asset Manangement LLC’s investment portfolio, making the stock its 17th largest holding. NorthCrest Asset Manangement LLC’s holdings in Amphenol were worth $43,318,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Financial Management Professionals Inc. raised its holdings in shares of Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 90 shares during 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 purchased a new position in Amphenol during the second quarter worth about $26,000. Board of the Pension Protection Fund bought a new stake in Amphenol in the 4th quarter worth about $27,000. Finally, Alpine Bank Wealth Management purchased a new stake in Amphenol in the 3rd quarter valued at about $30,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on APH shares. Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. 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. The Goldman Sachs Group reiterated a “buy” rating and set a $183.00 price target on shares of Amphenol in a report on Thursday, January 15th. Truist Financial set a $182.00 price objective on Amphenol in a research report on Tuesday, January 13th. Finally, Citigroup upped their price objective on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.36.

Get Our Latest Report on APH

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s 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 transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.67% of the stock is owned by corporate insiders.

Amphenol Stock Down 2.9%

Amphenol stock opened at $126.82 on Friday. The firm has a 50 day moving average price of $143.45 and a 200-day moving average price of $135.43. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04. The company has a market capitalization of $155.89 billion, a P/E ratio of 37.97, a P/E/G ratio of 1.34 and a beta of 1.20.

Amphenol (NYSE:APHGet Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $6.19 billion. During the same quarter in the previous year, the firm posted $0.55 EPS. Amphenol’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. As a group, equities analysts predict 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. Shareholders of record on Monday, March 23rd will be paid a $0.25 dividend. The ex-dividend date is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s payout ratio is presently 29.94%.

Key Stories Impacting Amphenol

Here are the key news stories impacting Amphenol this week:

Amphenol Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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