CIBC Private Wealth Group LLC Cuts Position in Amphenol Corporation $APH

Key Points

• CIBC Private Wealth Group LLC trimmed its Amphenol stake by 1.0%, selling 28,492 shares and now holds 2,896,146 shares valued at about $358.4 million.
• CEO Richard Adam Norwitt sold 515,281 shares for roughly $75.9 million, cutting his ownership by about 21.09%; insiders now own 1.67% of the company.
• Amphenol beat quarterly expectations (EPS $0.97 vs. $0.93) with revenue of $6.44B (up 49.1% YoY), set Q1 2026 guidance of $0.910–$0.930, and is viewed as a Moderate Buy by analysts with an average price target near $152.36 (several firms have raised targets).

CIBC Private Wealth Group LLC decreased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 1.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,896,146 shares of the electronics maker's stock after selling 28,492 shares during the period. CIBC Private Wealth Group LLC owned 0.24% of Amphenol worth $358,398,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in APH. Binnacle Investments Inc increased its position in Amphenol by 10.0% during the 3rd quarter. Binnacle Investments Inc now owns 891 shares of the electronics maker's stock valued at $110,000 after buying an additional 81 shares in the last quarter. SYM FINANCIAL Corp raised its stake in Amphenol by 0.9% during the third quarter. SYM FINANCIAL Corp now owns 9,266 shares of the electronics maker's stock valued at $1,147,000 after buying an additional 82 shares during the last quarter. Bruce G. Allen Investments LLC boosted its holdings in Amphenol by 9.4% in the third quarter. Bruce G. Allen Investments LLC now owns 975 shares of the electronics maker's stock worth $121,000 after acquiring an additional 84 shares in the last quarter. Tower Wealth Partners Inc. grew its stake in shares of Amphenol by 2.1% in the third quarter. Tower Wealth Partners Inc. now owns 4,251 shares of the electronics maker's stock worth $526,000 after acquiring an additional 86 shares during the last quarter. Finally, Fiduciary Group LLC increased its holdings in shares of Amphenol by 0.3% during the third quarter. Fiduciary Group LLC now owns 35,022 shares of the electronics maker's stock valued at $4,334,000 after acquiring an additional 89 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the subject of several recent analyst reports. US Capital Advisors set a $165.00 price target on Amphenol in a research report on Friday, January 9th. UBS Group reaffirmed a "buy" rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Barclays reiterated an "overweight" rating and set a $175.00 price target (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $160.00 to $185.00 and gave the stock an "overweight" rating in a report on Tuesday, January 27th. Finally, Piper Sandler set a $165.00 target price on Amphenol in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $152.36.

Amphenol Stock Down 1.2%

APH opened at $135.10 on Wednesday. The stock has a market capitalization of $166.07 billion, a price-to-earnings ratio of 40.45, a PEG ratio of 1.45 and a beta of 1.20. The firm has a 50 day moving average price of $144.05 and a 200-day moving average price of $135.20. Amphenol Corporation has a twelve month low of $56.45 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 issued its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company had revenue of $6.44 billion for the quarter, compared to analysts' expectations of $6.19 billion. During the same quarter last year, the company posted $0.55 earnings per share. The firm's quarterly revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, March 23rd. Amphenol's dividend payout ratio (DPR) is 29.94%.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction 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 owned 1,927,507 shares of the company's stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.67% of the stock is owned by insiders.

Amphenol 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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