Elevation Point Wealth Partners LLC Decreases Position in Amphenol Corporation $APH

Key Points

• Elevation Point Wealth Partners LLC cut its stake in Amphenol by 65% in Q3, selling 16,667 shares and leaving it with 8,976 shares valued at about $1.11 million.
• CEO Richard Adam Norwitt sold 515,281 shares at an average price of $147.27 for roughly $75.9 million, reducing his ownership by 21.09%.
• Amphenol beat Q4 estimates (EPS $0.97 vs. $0.93; revenue $6.44B vs. $6.19B, +49.1% YoY), issued Q1 EPS guidance of $0.91–$0.93, and retains a market consensus of "Moderate Buy" with a $151.38 average price target (JPMorgan raised its target to $185).

Elevation Point Wealth Partners LLC decreased its position in Amphenol Corporation (NYSE:APH - Free Report) by 65.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,976 shares of the electronics maker's stock after selling 16,667 shares during the quarter. Elevation Point Wealth Partners LLC's holdings in Amphenol were worth $1,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ehrenkranz Partners L.P. bought a new position in Amphenol during the 3rd quarter worth approximately $297,000. Crawford Investment Counsel Inc. increased its holdings in shares of Amphenol by 4.4% in the 3rd quarter. Crawford Investment Counsel Inc. now owns 9,145 shares of the electronics maker's stock valued at $1,132,000 after acquiring an additional 383 shares during the last quarter. Capitolis Liquid Global Markets LLC acquired a new stake in shares of Amphenol during the 3rd quarter valued at approximately $24,750,000. Cartenna Capital LP bought a new position in Amphenol during the third quarter worth $83,531,000. Finally, Clark Capital Management Group Inc. bought a new stake in Amphenol during the third quarter valued at $320,000. Institutional investors own 97.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $160.00 to $185.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 27th. Wall Street Zen cut shares of Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. Evercore reissued an "outperform" rating and issued a $165.00 price target on shares of Amphenol in a report on Tuesday, January 20th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research report on Wednesday, January 21st. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and a consensus price target of $151.38.

Amphenol Price Performance

Shares of NYSE:APH opened at $136.86 on Tuesday. The firm's 50 day moving average is $144.17 and its two-hundred day moving average is $135.02. The firm has a market capitalization of $168.23 billion, a P/E ratio of 40.98, a PEG ratio of 1.42 and a beta of 1.20. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $167.04.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data 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 return on equity of 35.57% and a net margin of 18.49%.The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same period in the previous year, the firm posted $0.55 earnings per share. The business's revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol's dividend payout ratio is presently 29.94%.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the firm's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company's stock, valued at approximately $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.67% of the company's stock.

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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