London Co. of Virginia Has $68.62 Million Stock Position in Amphenol Corporation $APH

Key Points

• London Co. of Virginia cut its Amphenol stake by 72.9%, selling 1,489,280 shares and ending the quarter with 554,526 shares valued at about $68.62 million.
• Meanwhile, several large institutions materially increased positions — including Capital International Investors and Capital Research Global Investors — and institutional investors now own 97.01% of Amphenol stock.
• Amphenol beat quarterly estimates (EPS $0.97 vs. $0.93; revenue $6.44B vs. $6.19B), set Q1 guidance of $0.910–0.930 EPS, and holds a consensus analyst rating of "Moderate Buy" with an average price target of about $151.38.

London Co. of Virginia lowered its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 72.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 554,526 shares of the electronics maker's stock after selling 1,489,280 shares during the period. London Co. of Virginia's holdings in Amphenol were worth $68,623,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of APH. Norges Bank acquired a new stake in shares of Amphenol in the second quarter valued at approximately $2,104,244,000. Capital International Investors increased its holdings in shares of Amphenol by 446.9% during the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker's stock worth $2,228,288,000 after acquiring an additional 14,714,177 shares during the last quarter. Capital Research Global Investors raised its stake in Amphenol by 106.9% in the 3rd quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker's stock valued at $1,920,982,000 after acquiring an additional 8,021,284 shares during the period. Franklin Resources Inc. lifted its holdings in Amphenol by 13.4% during the 2nd quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker's stock valued at $1,239,017,000 after purchasing an additional 1,486,105 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in Amphenol by 14.4% during the 3rd quarter. Invesco Ltd. now owns 9,065,058 shares of the electronics maker's stock valued at $1,121,801,000 after purchasing an additional 1,143,513 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on APH shares. UBS Group reiterated a "buy" rating and issued a $174.00 price objective (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Evercore restated an "outperform" rating and set a $165.00 target price on shares of Amphenol in a research note on Tuesday, January 20th. Fox Advisors reiterated an "outperform" rating on shares of Amphenol in a research note on Friday, January 9th. Barclays reissued an "overweight" rating and issued a $175.00 price target (up from $156.00) on shares of Amphenol in a report on Thursday, January 29th. Finally, Citigroup raised their price objective on shares of Amphenol from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $151.38.

Amphenol Stock Up 2.2%

NYSE APH opened at $136.86 on Tuesday. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. The company has a market cap of $168.23 billion, a price-to-earnings ratio of 40.98, a PEG ratio of 1.42 and a beta of 1.20. The company has a 50 day moving average of $144.17 and a 200-day moving average of $135.02. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm's quarterly revenue was up 49.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be given 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 dividend payout ratio (DPR) is presently 29.94%.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer owned 1,927,507 shares of the company's stock, valued at $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.67% of the stock is currently owned by company insiders.

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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