First Trust Advisors LP Acquires 500,997 Shares of Amphenol Corporation $APH

First Trust Advisors LP raised its holdings in Amphenol Corporation (NYSE:APH) by 42.1% during the first quarter, HoldingsChannel reports. The firm owned 1,689,755 shares of the electronics maker’s stock after acquiring an additional 500,997 shares during the quarter. First Trust Advisors LP’s holdings in Amphenol were worth $213,500,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC boosted its stake in Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after buying an additional 113 shares in the last quarter. Tucker Asset Management LLC bought a new stake in shares of Amphenol during the 4th quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 91 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in Amphenol during the 4th quarter worth approximately $29,000. Finally, HHM Wealth Advisors LLC bought a new position in Amphenol in the 1st quarter valued at approximately $27,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Evercore reaffirmed an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. BNP Paribas Exane increased their price target on Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Citigroup reissued a “buy” rating and set a $195.00 price objective (up from $180.00) on shares of Amphenol in a report on Monday, July 13th. JPMorgan Chase & Co. upped their target price on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Robert W. Baird set a $177.00 target price on Amphenol 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. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $186.00.

Amphenol Stock Down 0.0%

Shares of NYSE:APH opened at $157.78 on Thursday. The company has a market capitalization of $194.11 billion, a price-to-earnings ratio of 45.34, a P/E/G ratio of 1.35 and a beta of 1.24. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The business’s 50-day moving average is $151.63 and its 200-day moving average is $144.48. Amphenol Corporation has a 1 year low of $95.19 and a 1 year high of $178.52.

Amphenol (NYSE:APH) last released its earnings results 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. The company had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. Amphenol’s quarterly revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts predict that Amphenol Corporation will post 4.87 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. Amphenol’s dividend payout ratio is currently 28.74%.

Insider Activity

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