Noesis Capital Mangement Corp Has $33.58 Million Stock Position in Amphenol Corporation $APH

Noesis Capital Mangement Corp grew its holdings in Amphenol Corporation (NYSE:APH) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 265,749 shares of the electronics maker’s stock after acquiring an additional 6,073 shares during the quarter. Amphenol accounts for approximately 5.0% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 4th biggest position. Noesis Capital Mangement Corp’s holdings in Amphenol were worth $33,577,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Westover Capital Advisors LLC bought a new stake in Amphenol during the first quarter worth about $212,000. Wealthfront Advisers LLC raised its position in shares of Amphenol by 4.8% in the 1st quarter. Wealthfront Advisers LLC now owns 176,262 shares of the electronics maker’s stock valued at $22,271,000 after buying an additional 8,022 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Amphenol by 41.3% during the 1st quarter. D.A. Davidson & CO. now owns 8,540 shares of the electronics maker’s stock worth $1,079,000 after acquiring an additional 2,498 shares during the period. Twin Capital Management Inc. bought a new position in Amphenol in the first quarter valued at approximately $1,265,000. Finally, Blackhawk Capital Partners LLC acquired a new position in Amphenol during the first quarter valued at approximately $1,861,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, 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 have sold a total of 130,775 shares of company stock worth $18,709,350 in the last quarter. 1.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on APH. JPMorgan Chase & Co. boosted their price target on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Bank of America boosted their target price on Amphenol from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. TD Cowen restated a “hold” rating and issued a $175.00 price target (up from $135.00) on shares of Amphenol in a research note on Monday. Seaport Research Partners reiterated a “buy” rating and set a $215.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $177.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $186.00.

Amphenol Stock Performance

NYSE:APH opened at $157.43 on Thursday. The stock has a market cap of $193.68 billion, a P/E ratio of 45.24, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24. 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 stock’s 50-day moving average is $149.00 and its 200-day moving average is $143.85. Amphenol Corporation has a 1-year low of $95.19 and a 1-year high of $178.52.

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, beating 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 analyst estimates of $7.08 billion. During the same quarter last year, the business earned $0.63 EPS. The firm’s quarterly 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 anticipate that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.25 per share. 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.