Townsquare Capital LLC Reduces Position in Amphenol Corporation $APH

Townsquare Capital LLC decreased its position in Amphenol Corporation (NYSE:APH) by 44.8% during the 4th quarter, Holdings Channel reports. The firm owned 12,453 shares of the electronics maker’s stock after selling 10,121 shares during the period. Townsquare Capital LLC’s holdings in Amphenol were worth $1,683,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wellspring Financial Advisors LLC bought a new stake in Amphenol during the 4th quarter valued at $363,000. Zions Bancorporation National Association UT increased its position in shares of Amphenol by 61.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 11,922 shares of the electronics maker’s stock valued at $1,611,000 after acquiring an additional 4,520 shares during the period. Illinois Municipal Retirement Fund raised its stake in shares of Amphenol by 14.1% during the fourth quarter. Illinois Municipal Retirement Fund now owns 60,700 shares of the electronics maker’s stock valued at $8,203,000 after acquiring an additional 7,508 shares during the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Amphenol during the fourth quarter worth about $131,000. Finally, Deutsche Bank AG boosted its holdings in shares of Amphenol by 4.6% during the fourth quarter. Deutsche Bank AG now owns 6,495,823 shares of the electronics maker’s stock worth $877,846,000 after purchasing an additional 284,525 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. UBS Group restated a “buy” rating and set a $178.00 price target (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Robert W. Baird set a $177.00 price objective on Amphenol in a report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Citigroup restated a “buy” rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Finally, Barclays reaffirmed an “overweight” rating and issued a $198.00 price target on shares of Amphenol in a research note on Monday. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $178.07.

Amphenol Stock Down 2.9%

APH stock opened at $149.54 on Thursday. Amphenol Corporation has a fifty-two week low of $91.61 and a fifty-two week high of $167.04. The business’s 50 day moving average price is $138.65 and its two-hundred day moving average price is $139.33. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The company has a market capitalization of $183.97 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter last year, the business posted $0.63 EPS. The firm’s revenue for the quarter was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued 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 is Tuesday, June 23rd. Amphenol’s payout ratio is 28.74%.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. This represents a 0.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 130,775 shares of company stock worth $18,709,350. Insiders own 1.42% of the company’s stock.

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.