Harvest Fund Management Co. Ltd Increases Position in Amphenol Corporation $APH

Key Points

• Harvest Fund Management increased its position in Amphenol by 19.8% during Q3 to 58,907 shares, valued at about $7.29 million.
• CEO Richard Adam Norwitt sold 515,281 shares on Feb. 12 at an average of $147.27 for roughly $75.9 million, reducing his stake by 21.09%.
• Amphenol reported strong results — revenue rose 49.1% YoY to $6.44 billion and EPS was $0.97 (beating estimates); the company provided Q1 guidance and analysts hold a Moderate Buy consensus with a $151.38 target.

Harvest Fund Management Co. Ltd increased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 19.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,907 shares of the electronics maker's stock after purchasing an additional 9,735 shares during the period. Harvest Fund Management Co. Ltd's holdings in Amphenol were worth $7,290,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Main Street Research LLC bought a new stake in Amphenol during the third quarter valued at about $36,792,000. Pinnbrook Capital Management LP lifted its position in shares of Amphenol by 108.4% in the third quarter. Pinnbrook Capital Management LP now owns 65,253 shares of the electronics maker's stock valued at $8,075,000 after acquiring an additional 33,937 shares in the last quarter. Perbak Capital Partners LLP boosted its stake in shares of Amphenol by 78.3% in the third quarter. Perbak Capital Partners LLP now owns 3,886 shares of the electronics maker's stock worth $481,000 after acquiring an additional 1,707 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Amphenol by 42.5% during the third quarter. Brown Brothers Harriman & Co. now owns 5,066 shares of the electronics maker's stock worth $627,000 after purchasing an additional 1,510 shares in the last quarter. Finally, Benchmark Investment Advisors LLC purchased a new stake in shares of Amphenol during the third quarter worth about $921,000. Institutional investors own 97.01% of the company's stock.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the 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 sale, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.67% of the company's stock.

Analyst Upgrades and Downgrades

APH has been the topic of a number of research analyst reports. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a report on Wednesday, January 21st. UBS Group reaffirmed a "buy" rating and set a $174.00 price objective (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Wall Street Zen downgraded shares of Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. JPMorgan Chase & Co. upped their target price 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. Finally, Fox Advisors reaffirmed an "outperform" rating on shares of Amphenol in a research note on Friday, January 9th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $151.38.

Amphenol Stock Up 1.9%

Shares of NYSE APH opened at $133.99 on Friday. 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 12-month low of $56.45 and a 12-month high of $167.04. The firm's 50-day moving average price is $144.23 and its 200-day moving average price is $134.50. The stock has a market capitalization of $164.70 billion, a price-to-earnings ratio of 40.12, a P/E/G ratio of 1.39 and a beta of 1.20.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 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 company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. During the same quarter last year, the business posted $0.55 earnings per share. The firm'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. On average, equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be issued a $0.25 dividend. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol's payout ratio 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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