South Street Advisors LLC Sells 37,239 Shares of Amphenol Corporation $APH

Key Points

• South Street Advisors cut its Amphenol stake by 11.1% in Q3, selling 37,239 shares and leaving 298,126 shares worth about $36.9 million, making APH its third-largest holding (~4.8% of assets).
• Amphenol CEO Richard Adam Norwitt executed a large insider sale of 515,281 shares at an average price of $147.27 (≈$75.9 million), reducing his ownership by about 21.1%.
• Operational update: Amphenol beat Q4 expectations with $0.97 EPS (vs. $0.93 est.) and $6.44B revenue (+49.1% YoY), set Q1 guidance of $0.910–0.930 EPS, and announced a $0.25 quarterly dividend (≈0.7% yield).

South Street Advisors LLC decreased its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 11.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 298,126 shares of the electronics maker's stock after selling 37,239 shares during the quarter. Amphenol accounts for about 4.8% of South Street Advisors LLC's holdings, making the stock its 3rd biggest holding. South Street Advisors LLC's holdings in Amphenol were worth $36,893,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. lifted its holdings in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker's stock worth $25,000 after buying an additional 90 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in shares of Amphenol in the third quarter worth $30,000. Riggs Asset Managment Co. Inc. grew its stake in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of Amphenol during the second quarter worth $26,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Amphenol in the second quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Up 1.9%

Amphenol stock opened at $133.99 on Friday. The stock has a market cap of $164.70 billion, a PE ratio of 40.12, a P/E/G ratio of 1.39 and a beta of 1.20. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48. The stock's fifty day moving average is $144.23 and its two-hundred day moving average is $134.50. 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 released its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (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 business had revenue of $6.44 billion during the quarter, compared to analysts' expectations of $6.19 billion. During the same period in the prior year, the firm posted $0.55 EPS. The business's quarterly revenue was up 49.1% compared to the same quarter last year. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, sell-side analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

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 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, March 23rd. Amphenol's dividend payout ratio is currently 29.94%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. UBS Group reiterated a "buy" rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Wall Street Zen lowered Amphenol from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Truist Financial set a $182.00 price objective on Amphenol in a research note on Tuesday, January 13th. Evercore restated an "outperform" rating and set a $165.00 target price on shares of Amphenol in a research note on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a report on Wednesday, January 21st. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $151.38.

Insider Buying and Selling

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

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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