Kornitzer Capital Management Inc. KS Lowers Stock Position in Amphenol Corporation $APH

Kornitzer Capital Management Inc. KS lessened its holdings in Amphenol Corporation (NYSE:APH) by 35.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 48,602 shares of the electronics maker’s stock after selling 26,725 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Amphenol were worth $6,568,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Capital Advisors Inc. OK boosted its stake in shares of Amphenol by 3.4% during the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 68 shares in the last quarter. Canvas Wealth Advisors LLC boosted its stake in shares of Amphenol by 3.5% during the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 70 shares in the last quarter. LOM Asset Management Ltd boosted its stake in shares of Amphenol by 16.3% during the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 70 shares in the last quarter. Seeds Investor LLC boosted its stake in shares of Amphenol by 4.0% during the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock worth $255,000 after acquiring an additional 72 shares in the last quarter. Finally, Procyon Advisors LLC boosted its stake in shares of Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock worth $388,000 after acquiring an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction on 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 owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on APH. Piper Sandler set a $165.00 price target on Amphenol in a research note on Tuesday, March 17th. Truist Financial boosted their price target on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Evercore reissued an “outperform” rating on shares of Amphenol in a research note on Tuesday, March 17th. Finally, Fox Advisors restated an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus target price of $169.08.

Amphenol Trading Down 3.3%

Shares of Amphenol stock opened at $142.41 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 2.48. Amphenol Corporation has a 1 year low of $78.76 and a 1 year high of $167.04. The company has a market capitalization of $175.08 billion, a P/E ratio of 40.92, a P/E/G ratio of 1.46 and a beta of 1.29. The business has a 50 day moving average price of $138.09 and a 200 day moving average price of $139.01.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm 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 firm posted $0.63 EPS. The company’s quarterly revenue was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Sell-side analysts anticipate that Amphenol Corporation will post 4.49 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol’s payout ratio is currently 28.74%.

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.