Financiere des Professionnels Fonds d investissement inc. Sells 78,072 Shares of Amphenol Corporation $APH

Financiere des Professionnels Fonds d investissement inc. cut its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 67.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,906 shares of the electronics maker's stock after selling 78,072 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in Amphenol were worth $4,789,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of APH. Brighton Jones LLC boosted its stake in Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC increased its stake in shares of Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after purchasing an additional 618 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Amphenol by 55.4% during the second quarter. NewEdge Advisors LLC now owns 62,946 shares of the electronics maker's stock valued at $6,216,000 after purchasing an additional 22,434 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in shares of Amphenol by 15.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,745 shares of the electronics maker's stock worth $469,000 after purchasing an additional 638 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Amphenol from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Robert W. Baird set a $177.00 target price on Amphenol in a report on Thursday, April 30th. Rothschild & Co Redburn increased their target price on Amphenol from $160.00 to $172.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Truist Financial lifted their price target on Amphenol from $182.00 to $200.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group upped their price target on shares of Amphenol from $165.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $186.00.

Amphenol Trading Down 2.4%

Amphenol stock opened at $153.25 on Friday. Amphenol Corporation has a one year low of $95.19 and a one year high of $178.52. The business's fifty day moving average is $149.33 and its 200 day moving average is $143.96. The stock has a market capitalization of $188.53 billion, a PE ratio of 44.04, a price-to-earnings-growth ratio of 1.35 and a beta of 1.24. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol's revenue was up 58.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, sell-side analysts predict that Amphenol Corporation will post 4.83 EPS for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol's payout ratio is presently 28.74%.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 in the last 90 days. 1.42% of the stock is owned by corporate insiders.

About Amphenol

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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