Amphenol Corporation $APH Shares Acquired by Progressive Investment Management Corp

Progressive Investment Management Corp increased its stake in Amphenol Corporation (NYSE:APH) by 24.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 87,756 shares of the electronics maker’s stock after buying an additional 17,242 shares during the period. Amphenol makes up approximately 2.8% of Progressive Investment Management Corp’s holdings, making the stock its 12th biggest position. Progressive Investment Management Corp’s holdings in Amphenol were worth $11,859,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of APH. Riggs Asset Managment Co. Inc. grew 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 acquiring an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Amphenol in the 4th quarter worth $26,000. Board of the Pension Protection Fund acquired a new position in shares of Amphenol in the 4th quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Amphenol in the 4th quarter worth $29,000. Finally, Tacita Capital Inc grew its holdings in shares of Amphenol by 145.6% in the 4th quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock worth $30,000 after acquiring an additional 131 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Performance

Shares of APH stock opened at $153.97 on Monday. Amphenol Corporation has a 1-year low of $92.08 and a 1-year high of $167.04. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $189.42 billion, a price-to-earnings ratio of 44.24, a P/E/G ratio of 1.35 and a beta of 1.27. The stock’s fifty day simple moving average is $139.70 and its 200-day simple moving average is $139.58.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share 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 business had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. During the same quarter in the previous year, the company posted $0.63 earnings per share. Amphenol’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. On average, sell-side analysts predict that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid a $0.25 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s payout ratio is 28.74%.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 in the last quarter. Insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on APH shares. Evercore restated an “outperform” rating on shares of Amphenol in a report on Wednesday, May 27th. The Goldman Sachs Group lifted their target price on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Robert W. Baird set a $177.00 price target on Amphenol in a report on Thursday, April 30th. Finally, Rothschild & Co Redburn lifted their price target on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Fourteen investment 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 an average rating of “Moderate Buy” and a consensus price target of $178.07.

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.