Sands Capital Management LLC Sells 144,887 Shares of Amphenol Corporation $APH

Key Points

• Major shareholders are selling: Sands Capital cut its Amphenol position by 15.4% (sold 144,887 shares, leaving 795,234 shares worth ~$98.4M) and CEO Richard Norwitt sold 515,281 shares (a 21.09% reduction) for about $75.9M.
• Company results and analyst stance: Amphenol beat Q‑report estimates (EPS $0.97 vs $0.93; revenue $6.44B vs $6.19B) with revenue up 49.1% YoY and Q1 guidance of $0.91–$0.93, while analysts maintain a "Moderate Buy" consensus and an average price target of $151.38.

Sands Capital Management LLC decreased its position in Amphenol Corporation (NYSE:APH - Free Report) by 15.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 795,234 shares of the electronics maker's stock after selling 144,887 shares during the period. Sands Capital Management LLC owned approximately 0.06% of Amphenol worth $98,410,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in APH. Grant Private Wealth Management Inc bought a new position in Amphenol in the third quarter valued at approximately $515,000. DSG Capital Advisors LLC boosted its holdings in shares of Amphenol by 230.9% in the third quarter. DSG Capital Advisors LLC now owns 10,688 shares of the electronics maker's stock valued at $1,323,000 after buying an additional 7,458 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Amphenol by 10.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 271,766 shares of the electronics maker's stock worth $33,631,000 after acquiring an additional 26,175 shares in the last quarter. Estate Counselors LLC acquired a new stake in shares of Amphenol during the third quarter worth $3,831,000. Finally, Regents Gate Capital LLP raised its holdings in shares of Amphenol by 54.8% during the third quarter. Regents Gate Capital LLP now owns 96,908 shares of the electronics maker's stock worth $11,992,000 after acquiring an additional 34,289 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on APH shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a research note on Wednesday, January 21st. Wall Street Zen downgraded Amphenol from a "buy" rating to a "hold" rating in a research note on Saturday, February 14th. Barclays restated 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. Truist Financial set a $182.00 price objective on Amphenol in a report on Tuesday, January 13th. Finally, US Capital Advisors set a $165.00 target price on Amphenol in a research note on Friday, January 9th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Amphenol has an average rating of "Moderate Buy" and an average price target of $151.38.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the business's stock in a transaction that occurred 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 transaction, the chief executive officer owned 1,927,507 shares of the company's stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Stock Up 0.5%

Shares of APH stock opened at $136.80 on Wednesday. The firm's fifty day moving average price is $144.44 and its two-hundred day moving average price is $134.35. 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 1 year low of $56.45 and a 1 year high of $167.04. The firm has a market capitalization of $168.16 billion, a P/E ratio of 40.96, a PEG ratio of 1.44 and a beta of 1.20.

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

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, March 23rd. Amphenol's dividend payout ratio (DPR) is currently 29.94%.

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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