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Bar Harbor Wealth Management Has $5 Million Holdings in Amphenol Corporation $APH

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Key Points

  • Bar Harbor Wealth Management reduced its position in Amphenol by 16.2% in Q4, selling 7,128 shares and ending the period with 36,972 shares valued at about $4.996 million.
  • Amphenol CEO Richard Adam Norwitt sold 515,281 shares on Feb 12 at an average price of $147.27 for roughly $75.9 million, cutting his ownership by 21.09% to 1,927,507 shares.
  • Analysts are broadly positive—12 Buys vs. 3 Holds with an average target of $151.87—and Amphenol recently beat quarterly EPS and revenue estimates while declaring a $0.25 quarterly dividend.
  • Five stocks to consider instead of Amphenol.

Bar Harbor Wealth Management lessened its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,972 shares of the electronics maker's stock after selling 7,128 shares during the period. Bar Harbor Wealth Management's holdings in Amphenol were worth $4,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Capital Advisors Inc. OK lifted its stake in shares of Amphenol by 3.4% in the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker's stock valued at $279,000 after purchasing an additional 68 shares during the last quarter. Canvas Wealth Advisors LLC lifted its position in Amphenol by 3.5% during the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker's stock worth $279,000 after acquiring an additional 70 shares during the last quarter. Procyon Advisors LLC lifted its position in Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker's stock worth $388,000 after acquiring an additional 74 shares during the last quarter. American National Bank & Trust lifted its position in Amphenol by 10.2% during the 4th quarter. American National Bank & Trust now owns 811 shares of the electronics maker's stock worth $110,000 after acquiring an additional 75 shares during the last quarter. Finally, Pinnacle Bancorp Inc. lifted its position in Amphenol by 2.1% during the 4th quarter. Pinnacle Bancorp Inc. now owns 3,711 shares of the electronics maker's stock worth $502,000 after acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the company'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 sale, the chief executive officer directly owned 1,927,507 shares of the company's stock, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.67% of the company's stock.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research analyst reports. Jefferies Financial Group initiated coverage on shares of Amphenol in a research report on Tuesday, March 31st. They set a "buy" rating and a $145.00 target price for the company. US Capital Advisors set a $165.00 target price on shares of Amphenol in a research report on Friday, January 9th. Citigroup boosted their target price on shares of Amphenol from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Wall Street Zen raised shares of Amphenol from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Truist Financial set a $182.00 price objective on shares of Amphenol in a report on Tuesday, January 13th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $151.87.

Read Our Latest Report on Amphenol

Amphenol Stock Performance

NYSE APH opened at $140.64 on Friday. The stock has a market cap of $172.87 billion, a P/E ratio of 42.11, a PEG ratio of 1.46 and a beta of 1.25. The company's 50-day simple moving average is $136.54 and its 200 day simple moving average is $136.47. Amphenol Corporation has a twelve month low of $62.55 and a twelve month high of $167.04. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to analysts' expectations of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm's revenue for the quarter was up 49.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, March 23rd. Amphenol's dividend payout ratio is currently 29.94%.

Amphenol Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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