Dundas Partners LLP Has $75.01 Million Stock Position in Amphenol Corporation $APH

Key Points

• Dundas Partners LLP trimmed its Amphenol stake 1.8% to 606,161 shares valued at $75.01 million, making APH about 5.3% of the fund and its fourth-largest holding.
• Amphenol CEO Richard Adam Norwitt sold 515,281 shares at an average $147.27 for roughly $75.9 million, cutting his position by 21.09%.
• Financials and sentiment: Amphenol beat quarterly estimates with $0.97 EPS and $6.44B revenue (up 49.1% YoY), set Q1 guidance of $0.91–$0.93 EPS, and holds a consensus "Moderate Buy" from analysts with an average target of $151.38.

Dundas Partners LLP decreased its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 606,161 shares of the electronics maker's stock after selling 11,221 shares during the period. Amphenol makes up about 5.3% of Dundas Partners LLP's portfolio, making the stock its 4th biggest position. Dundas Partners LLP's holdings in Amphenol were worth $75,012,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in APH. Financial Management Professionals Inc. grew its stake in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker's stock worth $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its stake in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock valued at $25,000 after buying an additional 168 shares during the period. Howard Hughes Medical Institute bought a new position in Amphenol during the 2nd quarter worth approximately $26,000. Alpine Bank Wealth Management bought a new position in Amphenol during the third quarter worth $30,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Amphenol in the 2nd quarter worth about $31,000. 97.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday, January 21st. The Goldman Sachs Group reiterated a "buy" rating and set a $183.00 price objective on shares of Amphenol in a report on Thursday, January 15th. JPMorgan Chase & Co. upped their price target on Amphenol from $160.00 to $185.00 and gave the stock an "overweight" rating in a report on Tuesday, January 27th. Wall Street Zen lowered shares of Amphenol from a "buy" rating to a "hold" rating in a research note on Saturday, February 14th. Finally, US Capital Advisors set a $165.00 target price on Amphenol in a research report on Friday, January 9th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Amphenol has an average rating of "Moderate Buy" and an average target price of $151.38.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the business's stock in a transaction on 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 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.67% of the company's stock.

Amphenol Trading Down 3.2%

Shares of APH opened at $131.86 on Monday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $167.04. The business has a 50-day moving average of $144.44 and a 200 day moving average of $133.97. The firm has a market cap of $162.08 billion, a P/E ratio of 39.48, a price-to-earnings-growth ratio of 1.39 and a beta of 1.20. 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 (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The firm had revenue of $6.44 billion during 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 company's quarterly revenue was up 49.1% on a year-over-year basis. During the same quarter last year, the business earned $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 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol's dividend payout ratio (DPR) is 29.94%.

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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