Principal Financial Group Inc. Boosts Position in Amphenol Corporation $APH

Key Points

• Principal Financial Group increased its stake in Amphenol by 2.6% to 2,750,490 shares (about 0.22% of the company), worth roughly $371.7 million after buying 70,938 shares in Q4.
• Amphenol reported a strong quarter, beating estimates with $1.06 EPS vs. $0.95 expected and $7.62 billion in revenue (up 58.4% year‑over‑year), and issued Q2 guidance of $1.140–$1.160 EPS.
• Wall Street remains largely bullish—13 analysts rate the stock a Buy and two Hold, with an average price target of $172.53 and several firms raising targets into the ~$195–$215 range.

Principal Financial Group Inc. grew its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,750,490 shares of the electronics maker's stock after buying an additional 70,938 shares during the period. Principal Financial Group Inc. owned 0.22% of Amphenol worth $371,704,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Amphenol by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker's stock valued at $17,102,440,000 after buying an additional 1,322,682 shares during the period. State Street Corp increased its stake in shares of Amphenol by 1.2% during the third quarter. State Street Corp now owns 56,025,072 shares of the electronics maker's stock valued at $6,942,156,000 after buying an additional 676,797 shares during the period. Capital International Investors increased its stake in shares of Amphenol by 446.9% during the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker's stock valued at $2,228,288,000 after buying an additional 14,714,177 shares during the period. Capital Research Global Investors increased its stake in shares of Amphenol by 106.9% during the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker's stock valued at $1,920,982,000 after buying an additional 8,021,284 shares during the period. Finally, Jennison Associates LLC increased its stake in shares of Amphenol by 340.8% during the fourth quarter. Jennison Associates LLC now owns 10,257,379 shares of the electronics maker's stock valued at $1,386,182,000 after buying an additional 7,930,532 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

APH has been the topic of several research analyst reports. Truist Financial boosted their target price on Amphenol from $182.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Seaport Research Partners reaffirmed a "buy" rating and issued a $215.00 price target on shares of Amphenol in a research note on Thursday. BNP Paribas Exane upped their price target on Amphenol from $185.00 to $195.00 in a research note on Friday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a research note on Monday, April 20th. Finally, Evercore reaffirmed an "outperform" rating on shares of Amphenol in a research note on Tuesday, March 17th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $172.53.

Amphenol Trading Down 0.9%

Amphenol stock opened at $141.05 on Tuesday. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The business's fifty day simple moving average is $138.09 and its two-hundred day simple moving average is $139.12. Amphenol Corporation has a 12 month low of $79.10 and a 12 month high of $167.04. The company has a market capitalization of $173.41 billion, a price-to-earnings ratio of 40.53, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The business 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 company posted $0.63 earnings per share. The company's revenue for the quarter was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities analysts predict that Amphenol Corporation will post 4.49 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Amphenol's payout ratio is 28.74%.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the business's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company's stock, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.42% of the company's stock.

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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