OLD National Bancorp IN Raises Stake in Amphenol Corporation $APH

OLD National Bancorp IN increased its stake in Amphenol Corporation (NYSE:APH) by 20.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,566 shares of the electronics maker’s stock after buying an additional 3,375 shares during the period. OLD National Bancorp IN’s holdings in Amphenol were worth $2,472,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Vermillion & White Wealth Management Group LLC grew its stake in Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Amphenol in the fourth quarter valued at approximately $27,000. Finally, HHM Wealth Advisors LLC bought a new position in Amphenol in the first quarter worth approximately $27,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on APH. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Citigroup restated a “buy” rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Evercore reissued an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. Finally, Piper Sandler set a $165.00 price target on shares of Amphenol in a report on Tuesday, March 17th. Fourteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $178.07.

Amphenol Trading Down 0.9%

Shares of NYSE APH opened at $163.73 on Friday. Amphenol Corporation has a 1-year low of $95.19 and a 1-year high of $168.75. The business has a fifty day moving average price of $144.88 and a 200 day moving average price of $141.20. The stock has a market capitalization of $201.43 billion, a P/E ratio of 47.05, a price-to-earnings-growth ratio of 1.45 and a beta of 1.27. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

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

Amphenol Announces Dividend

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. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is 28.74%.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is owned by 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.