Generate Investment Management Ltd Boosts Stake in Amphenol Corporation $APH

Key Points

• Generate Investment Management Ltd boosted its stake in Amphenol by 114.8% in Q4 to 288,309 shares (about $38.96 million), making APH its 16th-largest holding at roughly 1.8% of the fund's portfolio.
• CEO Richard Adam Norwitt sold 515,281 shares at an average $147.27 for about $75.9 million, cutting his ownership by 21.09%; company insiders now own roughly 1.67% of the stock.
• Amphenol beat Q4 expectations with $0.97 EPS and $6.44 billion revenue (revenue up 49.1% YoY), gave Q1 EPS guidance of $0.91–0.93, and announced a $0.25 quarterly dividend (0.8% yield).

Generate Investment Management Ltd boosted its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 114.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 288,309 shares of the electronics maker's stock after buying an additional 154,069 shares during the period. Amphenol makes up about 1.8% of Generate Investment Management Ltd's portfolio, making the stock its 16th biggest holding. Generate Investment Management Ltd's holdings in Amphenol were worth $38,962,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Financial Management Professionals Inc. raised its holdings in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker's stock worth $25,000 after acquiring an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its holdings 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 purchasing an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in Amphenol in the second quarter worth $26,000. Board of the Pension Protection Fund bought a new stake in Amphenol in the fourth quarter worth $27,000. Finally, Alpine Bank Wealth Management purchased a new stake in Amphenol during the third quarter valued at $30,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the company'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 transaction of $75,885,432.87. Following the transaction, the chief executive officer owned 1,927,507 shares of the company's stock, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.67% of the stock is owned by company insiders.

Amphenol Trading Up 0.6%

APH stock opened at $123.81 on Friday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04. The stock has a market capitalization of $152.19 billion, a price-to-earnings ratio of 37.07, a price-to-earnings-growth ratio of 1.30 and a beta of 1.20. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The firm's fifty day simple moving average is $141.14 and its two-hundred day simple moving average is $135.80.

Amphenol (NYSE:APH - Get Free Report) last released 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. 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 business's revenue was up 49.1% on a year-over-year basis. During the same quarter last year, the business earned $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol's payout ratio is 29.94%.

Wall Street Analyst Weigh In

APH has been the subject of a number of recent research reports. UBS Group reissued a "buy" rating and issued a $174.00 price objective (up from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Zacks Research cut shares of Amphenol from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $160.00 to $185.00 and gave the company an "overweight" rating in a report on Tuesday, January 27th. Truist Financial set a $182.00 price objective on Amphenol in a research note on Tuesday, January 13th. Finally, Evercore restated an "outperform" rating on shares of Amphenol in a research report on Tuesday, March 17th. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and a consensus price target of $152.36.

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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