Amphenol Corporation $APH Shares Sold by Dearborn Partners LLC

Key Points

• Dearborn Partners LLC reduced its Amphenol stake by 5.2% in the fourth quarter, selling 17,097 shares and ending with 310,502 shares valued at about $41.96 million.
• Amphenol reported stronger-than-expected Q1 results, posting $1.06 EPS on $7.62 billion in revenue, both above analyst estimates, while revenue jumped 58.4% year over year.
• The company also announced a quarterly dividend of $0.25 per share, payable July 15, representing a 0.7% annualized yield and a 28.74% payout ratio.

Dearborn Partners LLC lessened its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 310,502 shares of the electronics maker's stock after selling 17,097 shares during the quarter. Amphenol accounts for approximately 2.1% of Dearborn Partners LLC's holdings, making the stock its 6th largest holding. Dearborn Partners LLC's holdings in Amphenol were worth $41,961,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. XML Financial LLC boosted its holdings in Amphenol by 49.5% in the fourth quarter. XML Financial LLC now owns 9,049 shares of the electronics maker's stock worth $1,223,000 after acquiring an additional 2,996 shares in the last quarter. Vestcor Inc boosted its holdings in Amphenol by 87.0% in the fourth quarter. Vestcor Inc now owns 102,292 shares of the electronics maker's stock worth $13,824,000 after acquiring an additional 47,585 shares in the last quarter. MCF Advisors LLC boosted its holdings in Amphenol by 40.0% in the fourth quarter. MCF Advisors LLC now owns 1,737 shares of the electronics maker's stock worth $235,000 after acquiring an additional 496 shares in the last quarter. OneAscent Family Office LLC boosted its holdings in Amphenol by 7.4% in the fourth quarter. OneAscent Family Office LLC now owns 3,935 shares of the electronics maker's stock worth $532,000 after acquiring an additional 271 shares in the last quarter. Finally, Pinebridge Investments LLC acquired a new stake in Amphenol in the fourth quarter worth about $41,422,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Trading Down 5.4%

Amphenol stock opened at $138.84 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a 52 week low of $91.06 and a 52 week high of $167.04. The company has a market capitalization of $170.80 billion, a price-to-earnings ratio of 39.90, a price-to-earnings-growth ratio of 1.22 and a beta of 1.27. The stock has a 50-day moving average price of $137.03 and a 200 day moving average price of $138.94.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.11. The firm had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company's revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Sell-side analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, June 23rd. Amphenol's dividend payout ratio (DPR) is currently 28.74%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on APH. Wall Street Zen downgraded Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lifted 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. Robert W. Baird set a $177.00 target price on Amphenol in a report on Thursday, April 30th. The Goldman Sachs Group lifted their target price on Amphenol from $184.00 to $201.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Finally, Citigroup reaffirmed a "buy" rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and a consensus target price of $176.87.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 61,072 shares of Amphenol stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 130,775 shares of company stock worth $18,709,350 in the last three months. 1.42% of the stock is currently owned by company insiders.

Amphenol Company 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.

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