Banco Santander S.A. Boosts Stock Position in Amphenol Corporation $APH

Key Points

• Banco Santander increased its Amphenol stake by 6.7% in the fourth quarter, bringing its holdings to 212,876 shares valued at about $28.8 million.
• Institutional ownership in Amphenol remains very high, with hedge funds and other institutions holding 97.01% of the company. Several large investors, including JPMorgan and Capital International Investors, also significantly boosted their positions.
• Amphenol beat earnings expectations in its latest quarter, posting $1.06 EPS on $7.62 billion in revenue, while analysts maintain a Moderate Buy consensus with an average price target of $178.07.

Banco Santander S.A. increased its stake in Amphenol Corporation (NYSE:APH - Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 212,876 shares of the electronics maker's stock after buying an additional 13,364 shares during the period. Banco Santander S.A.'s holdings in Amphenol were worth $28,768,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Amphenol in the 4th quarter valued at approximately $3,052,145,000. JPMorgan Chase & Co. lifted its position in Amphenol by 102.7% in the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker's stock valued at $4,638,701,000 after acquiring an additional 17,387,536 shares in the last quarter. Capital International Investors lifted its position in Amphenol by 446.9% in the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker's stock valued at $2,228,288,000 after acquiring an additional 14,714,177 shares in the last quarter. Capital Research Global Investors lifted its position in Amphenol by 106.9% in the 3rd quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker's stock valued at $1,920,982,000 after acquiring an additional 8,021,284 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in Amphenol by 340.8% in the 4th quarter. Jennison Associates LLC now owns 10,257,379 shares of the electronics maker's stock valued at $1,386,182,000 after acquiring an additional 7,930,532 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Evercore reaffirmed an "outperform" rating on shares of Amphenol in a research report on Wednesday, May 27th. Rothschild & Co Redburn upped their price objective on Amphenol from $160.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Piper Sandler set a $165.00 price target on Amphenol in a report on Tuesday, March 17th. Truist Financial increased their price target on Amphenol from $182.00 to $200.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Finally, Wall Street Zen cut Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $178.07.

Amphenol Trading Up 1.0%

Shares of APH stock opened at $153.97 on Friday. Amphenol Corporation has a 52-week low of $92.08 and a 52-week high of $167.04. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The firm has a market capitalization of $189.42 billion, a PE ratio of 44.24, a PEG ratio of 1.33 and a beta of 1.27. The stock has a fifty day simple moving average of $139.70 and a two-hundred day simple moving average of $139.57.

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

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol's dividend payout ratio is presently 28.74%.

Insider Transactions at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $276,038,277.47. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 130,775 shares of company stock valued at $18,709,350. Corporate insiders own 1.42% of the company's stock.

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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