Chevy Chase Trust Holdings LLC decreased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 623,327 shares of the electronics maker's stock after selling 15,841 shares during the period. Chevy Chase Trust Holdings LLC owned 0.05% of Amphenol worth $77,137,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Norges Bank purchased a new position in shares of Amphenol during the second quarter worth approximately $2,104,244,000. Capital International Investors raised 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 purchasing an additional 14,714,177 shares during the last quarter. Capital Research Global Investors raised 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 purchasing an additional 8,021,284 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Amphenol by 693.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,279,457 shares of the electronics maker's stock worth $900,833,000 after purchasing an additional 6,362,533 shares during the period. Finally, Holocene Advisors LP grew its position in Amphenol by 201.2% during the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker's stock worth $381,909,000 after purchasing an additional 2,583,628 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have recently commented on APH. Wall Street Zen cut shares of Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a report on Wednesday, January 21st. US Capital Advisors set a $165.00 price target on Amphenol in a research report on Friday, January 9th. Citigroup upped their price objective on Amphenol from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Finally, Barclays reaffirmed an "overweight" rating and set a $175.00 price objective (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $151.38.
Read Our Latest Stock Analysis on APH
Amphenol Stock Up 1.9%
APH stock opened at $133.99 on Friday. The stock has a market capitalization of $164.70 billion, a PE ratio of 40.12, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. The company has a fifty day moving average of $144.23 and a 200-day moving average of $134.67. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. Amphenol Corporation has a one year low of $56.45 and a one year high of $167.04.
Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The business's revenue was up 49.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, March 23rd. Amphenol's dividend payout ratio is 29.94%.
Insider Activity
In other news, CEO Richard Adam Norwitt sold 515,281 shares of the firm's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company's stock, valued at $283,863,955.89. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.67% of the company's stock.
About Amphenol
(
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.
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