Goodman Advisory Group LLC Reduces Stock Position in Amphenol Corporation $APH

Key Points

• Goodman Advisory Group LLC cut its Amphenol stake by 27% in Q1, selling 7,863 shares and ending with 21,292 shares valued at about $2.69 million.
• Despite some mixed moves from investors, 97.01% of Amphenol shares are held by hedge funds and other institutional investors, and several firms recently increased their positions.
• Analyst sentiment remains upbeat: Amphenol has a Moderate Buy consensus, and the company reported better-than-expected Q1 earnings and revenue while also raising its quarterly dividend to $0.25 per share.

Goodman Advisory Group LLC lessened its stake in Amphenol Corporation (NYSE:APH - Free Report) by 27.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,292 shares of the electronics maker's stock after selling 7,863 shares during the period. Goodman Advisory Group LLC's holdings in Amphenol were worth $2,690,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Generali Asset Management SPA SGR boosted its holdings in shares of Amphenol by 20.2% in the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker's stock worth $11,767,000 after buying an additional 14,612 shares during the last quarter. Regents Gate Capital LLP increased its holdings in Amphenol by 54.8% during the third quarter. Regents Gate Capital LLP now owns 96,908 shares of the electronics maker's stock valued at $11,992,000 after buying an additional 34,289 shares during the last quarter. Praxis Investment Management Inc. increased its holdings in Amphenol by 86.3% during the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker's stock valued at $3,647,000 after buying an additional 12,502 shares during the last quarter. Principal Financial Group Inc. raised its position in Amphenol by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker's stock worth $371,704,000 after acquiring an additional 70,938 shares during the period. Finally, CGN Advisors LLC purchased a new position in shares of Amphenol during the 4th quarter worth $1,592,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on APH shares. UBS Group reissued a "buy" rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Jefferies Financial Group raised their target price on Amphenol from $165.00 to $190.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Zacks Research lowered Amphenol from a "strong-buy" rating to a "hold" rating in a report on Monday, March 16th. BNP Paribas Exane upped their price target on Amphenol from $195.00 to $200.00 and gave the stock an "outperform" rating in a research report on Thursday, May 28th. Finally, Citigroup reaffirmed a "buy" rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $178.07.

Insider Buying and Selling

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the business's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $276,038,277.47. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 130,775 shares of company stock worth $18,709,350 over the last quarter. 1.42% of the stock is owned by company insiders.

Amphenol Stock Performance

APH opened at $163.73 on Friday. The company has a 50 day simple moving average of $144.88 and a two-hundred day simple moving average of $141.20. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The firm has a market cap of $201.43 billion, a P/E ratio of 47.05, a PEG ratio of 1.43 and a beta of 1.27. Amphenol Corporation has a 1-year low of $95.19 and a 1-year high of $168.75.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating the consensus estimate of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. During the same period last year, the firm earned $0.63 EPS. The company's revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol's dividend payout ratio is presently 28.74%.

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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