Wedge Capital Management L L P NC Has $63.53 Million Stake in Amphenol Corporation $APH

Wedge Capital Management L L P NC cut its stake in Amphenol Corporation (NYSE:APH) by 20.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 470,080 shares of the electronics maker’s stock after selling 121,716 shares during the period. Amphenol accounts for 1.1% of Wedge Capital Management L L P NC’s holdings, making the stock its 9th biggest holding. Wedge Capital Management L L P NC’s holdings in Amphenol were worth $63,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Management Professionals Inc. grew its position in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its position in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in Amphenol during the 2nd quarter valued at about $26,000. Board of the Pension Protection Fund acquired a new position in Amphenol during the 4th quarter valued at about $27,000. Finally, Alpine Bank Wealth Management bought a new position in Amphenol in the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APH. Barclays reaffirmed an “overweight” rating and set a $175.00 price target (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. UBS Group restated a “buy” rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Citigroup boosted their price target on Amphenol from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Piper Sandler set a $165.00 price target on Amphenol in a research note on Tuesday, March 17th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $152.36.

Amphenol Trading Up 0.6%

Shares of NYSE:APH opened at $123.81 on Friday. The company has a 50 day moving average of $141.14 and a 200-day moving average of $135.80. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. The firm has a market cap of $152.19 billion, a P/E ratio of 37.07, a P/E/G ratio of 1.30 and a beta of 1.20. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, beating 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 business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter last year, the business earned $0.55 earnings per share. The business’s revenue for the quarter 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, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is currently 29.94%.

Insider Transactions at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction dated 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 directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.67% of the stock is currently 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.