Amphenol Corporation $APH Shares Sold by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta decreased its Amphenol stake by 20.6% in Q4, selling 1,737,600 shares and now holding 6,690,000 shares (about 4.0% of Alecta's portfolio), representing roughly 0.55% of Amphenol and valued at ~$904.2 million.
• CEO Richard Norwitt sold 515,281 shares (about $75.9M) and insiders have sold 646,056 shares worth ~$94.6M over the past 90 days, reducing insider ownership to roughly 1.42% and Norwitt's holdings by 21.09%.
• Fundamentals and analyst sentiment are strong: Amphenol beat Q1 estimates (EPS $1.06 vs $0.95; revenue $7.62B, +58.4% YoY), set Q2 guidance, and multiple firms have raised price targets—consensus is a "Moderate Buy" with an average target of $176.53.

Alecta Tjanstepension Omsesidigt decreased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 20.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,690,000 shares of the electronics maker's stock after selling 1,737,600 shares during the quarter. Amphenol makes up about 4.0% of Alecta Tjanstepension Omsesidigt's investment portfolio, making the stock its 5th biggest holding. Alecta Tjanstepension Omsesidigt owned 0.55% of Amphenol worth $904,154,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Indivisible Partners acquired a new stake in Amphenol in the fourth quarter valued at $9,474,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Amphenol by 4.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,632,683 shares of the electronics maker's stock valued at $367,817,000 after acquiring an additional 106,058 shares during the last quarter. BOKF NA lifted its stake in Amphenol by 1.8% in the fourth quarter. BOKF NA now owns 63,872 shares of the electronics maker's stock valued at $8,632,000 after acquiring an additional 1,108 shares during the last quarter. AssuredPartners Investment Advisors LLC lifted its stake in Amphenol by 67.4% in the fourth quarter. AssuredPartners Investment Advisors LLC now owns 3,232 shares of the electronics maker's stock valued at $437,000 after acquiring an additional 1,301 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Amphenol by 0.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 318,535 shares of the electronics maker's stock valued at $43,047,000 after acquiring an additional 2,995 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the firm's stock in a transaction dated Thursday, February 12th. The shares were 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 approximately $283,863,955.89. This trade represents 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 through the SEC website. Insiders have sold 646,056 shares of company stock worth $94,594,783 over the last 90 days. 1.42% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have commented on APH shares. Truist Financial increased their price target on shares of Amphenol from $182.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Citigroup reiterated a "buy" rating and issued a $180.00 price target (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. BNP Paribas Exane increased their price target on shares of Amphenol from $185.00 to $195.00 in a research note on Friday, May 1st. Seaport Research Partners reissued a "buy" rating and issued a $215.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Finally, US Capital Advisors set a $165.00 price objective on shares of Amphenol in a research report on Friday, January 9th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Amphenol has a consensus rating of "Moderate Buy" and an average price target of $176.53.

Amphenol News Summary

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Communications Solutions segment saw an 88% year‑over‑year sales jump, driven by AI data‑center demand — a sign of durable, multi‑year end‑market strength that supports revenue and margin upside. Read More.
• Positive Sentiment: Recent quarterly results beat estimates (Q1 EPS and revenue notably above consensus) and management set Q2 guidance; sell‑side analysts have been raising earnings forecasts and price targets, fueling buy‑side interest. Read More.
• Positive Sentiment: Multiple firms have increased price targets and reiterated buy ratings (BNP Paribas, JPMorgan, Goldman Sachs among others), reinforcing momentum and likely drawing inflows from active managers and ETFs. Read More.
• Neutral Sentiment: Amphenol priced €1.1B of euro‑denominated senior notes (€600M due 2029 at 3.375%; €500M due 2034 at 3.875%). Low fixed rates make financing cheaper, but the raises add to gross debt — investors will watch leverage metrics and use of proceeds. Read More.
• Negative Sentiment: Clustered insider selling: CEO Richard Norwitt disclosed multiple recent sales (May 1, 4, 5), liquidating ~130k+ shares across the period at roughly $142–$144. While possibly for liquidity/tax reasons, concentrated CEO sales can weigh on sentiment and likely contributed to near‑term selling pressure. Read More.

Amphenol Price Performance

Shares of APH opened at $138.39 on Thursday. The firm has a market capitalization of $170.25 billion, a PE ratio of 39.77, a PEG ratio of 1.21 and a beta of 1.29. The company's 50-day moving average is $137.62 and its 200-day moving average is $139.28. Amphenol Corporation has a fifty-two week low of $79.27 and a fifty-two week high of $167.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

Amphenol (NYSE:APH - Get Free Report) last issued 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. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The company had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. During the same period in the prior year, the firm earned $0.63 earnings per share. The company's 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 analysts forecast that Amphenol Corporation will post 4.7 EPS for the current year.

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.

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