OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Holdings in Amphenol Corporation $APH

Key Points

• OCONNOR, a UBS AM unit, cut its Amphenol stake by 55.8% in the fourth quarter, selling 27,890 shares and leaving it with 22,110 shares valued at about $2.99 million.
• Insiders were also selling: CEO Richard Adam Norwitt sold 17,500 shares in May, and insiders sold 130,775 shares worth $18.7 million over the last quarter.
• Amphenol reported strong quarterly results, beating earnings and revenue estimates, and analysts remain mostly positive with a consensus Moderate Buy rating and an average price target of $178.07.

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 55.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,110 shares of the electronics maker's stock after selling 27,890 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Amphenol were worth $2,988,000 at the end of the most recent quarter.

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

Insider Transactions at Amphenol

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company's stock, valued at $276,038,277.47. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 130,775 shares of company stock worth $18,709,350 in the last quarter. Corporate insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on APH shares. Evercore reaffirmed an "outperform" rating on shares of Amphenol in a research note on Wednesday, May 27th. Citigroup reissued a "buy" rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Zacks Research downgraded Amphenol from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $190.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Amphenol in a research report on Monday, April 20th. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amphenol currently has a consensus rating of "Moderate Buy" and an average target price of $178.07.

Amphenol Price Performance

APH stock opened at $164.23 on Friday. Amphenol Corporation has a 52 week low of $92.98 and a 52 week high of $167.04. The firm has a market capitalization of $202.05 billion, a P/E ratio of 47.19, a price-to-earnings-growth ratio of 1.44 and a beta of 1.27. The company has a fifty day simple moving average of $142.92 and a two-hundred day simple moving average of $140.36. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH - Get Free Report) last posted 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. 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 in the previous year, the firm posted $0.63 EPS. The business's quarterly revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

Amphenol Company 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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