Sei Investments Co. Sells 1,132,937 Shares of Amphenol Corporation $APH

Sei Investments Co. lowered its holdings in shares of Amphenol Corporation (NYSE:APH) by 49.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 1,167,564 shares of the electronics maker’s stock after selling 1,132,937 shares during the period. Sei Investments Co.’s holdings in Amphenol were worth $147,523,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. J. Stern & Co. LLP increased its holdings in Amphenol by 9,435.8% in the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the period. Norges Bank acquired a new position in Amphenol during the 4th quarter worth about $3,052,145,000. JPMorgan Chase & Co. lifted its holdings in Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after buying an additional 17,387,536 shares during the period. Jennison Associates LLC grew its position in shares of Amphenol by 340.8% in the 4th quarter. Jennison Associates LLC now owns 10,257,379 shares of the electronics maker’s stock valued at $1,386,182,000 after buying an additional 7,930,532 shares during the last quarter. Finally, Capital International Investors increased its stake in shares of Amphenol by 31.5% in the fourth quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker’s stock valued at $3,200,276,000 after buying an additional 5,674,225 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of Amphenol stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $276,038,277.47. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 130,775 shares of company stock valued at $18,709,350 over the last quarter. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

APH has been the topic of a number of recent analyst reports. Jefferies Financial Group lifted their price objective on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Barclays reissued an “overweight” rating and set a $200.00 target price (up from $198.00) on shares of Amphenol in a research report on Monday, July 13th. Citigroup restated a “buy” rating and issued a $195.00 price target (up from $180.00) on shares of Amphenol in a research report on Monday, July 13th. Rothschild & Co Redburn upped their price objective on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Truist Financial increased their price objective on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $186.00.

Amphenol Price Performance

APH opened at $157.34 on Friday. Amphenol Corporation has a fifty-two week low of $102.18 and a fifty-two week high of $178.52. The firm has a 50-day moving average of $152.19 and a 200 day moving average of $144.60. 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 firm has a market cap of $193.56 billion, a P/E ratio of 45.21, a PEG ratio of 1.35 and a beta of 1.24.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol’s revenue was up 58.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, research analysts expect that Amphenol Corporation will post 4.87 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

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.