State of Wisconsin Investment Board Decreases Holdings in Amphenol Corporation $APH

Key Points

• State of Wisconsin Investment Board trimmed its Amphenol stake by 3.2% in Q4, selling 20,764 shares and ending with 632,749 shares valued at about $85.5 million.
• Amphenol reported strong quarterly results, with EPS of $1.06 versus $0.95 expected and revenue of $7.62 billion, up 58.4% year over year. The company also issued Q2 2026 guidance of $1.14 to $1.16 EPS.
• The company announced a quarterly dividend of $0.25 per share, payable July 15, and analysts remain broadly positive with a consensus rating of Moderate Buy and an average price target of $178.07.

State of Wisconsin Investment Board decreased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 632,749 shares of the electronics maker's stock after selling 20,764 shares during the period. State of Wisconsin Investment Board owned about 0.05% of Amphenol worth $85,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Amphenol by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker's stock valued at $17,102,440,000 after acquiring an additional 1,322,682 shares during the period. State Street Corp grew its position in shares of Amphenol by 1.6% during the 4th quarter. State Street Corp now owns 56,913,598 shares of the electronics maker's stock valued at $7,705,440,000 after acquiring an additional 888,526 shares during the period. JPMorgan Chase & Co. grew its position in shares of Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker's stock valued at $4,638,701,000 after acquiring an additional 17,387,536 shares during the period. Geode Capital Management LLC grew its position in shares of Amphenol by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker's stock valued at $4,087,372,000 after acquiring an additional 748,813 shares during the period. Finally, Capital International Investors grew its position in shares of Amphenol by 31.5% during the 4th quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker's stock valued at $3,200,276,000 after acquiring an additional 5,674,225 shares during the period. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Up 0.2%

APH opened at $158.86 on Wednesday. The firm has a 50-day simple moving average of $140.93 and a two-hundred day simple moving average of $139.87. Amphenol Corporation has a 52 week low of $92.22 and a 52 week high of $167.04. The company has a market capitalization of $195.43 billion, a PE ratio of 45.65, a price-to-earnings-growth ratio of 1.39 and a beta of 1.27. 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 released its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating the consensus estimate of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. The business's 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 forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

Wall Street Analyst Weigh In

APH has been the subject of a number of recent research reports. Robert W. Baird set a $177.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. BNP Paribas Exane upped their target price on shares of Amphenol from $195.00 to $200.00 and gave the stock an "outperform" rating in a report on Thursday, May 28th. Wall Street Zen downgraded shares of Amphenol from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Jefferies Financial Group upped their target price on shares of Amphenol from $165.00 to $190.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 target price on shares of Amphenol in a report on Tuesday, March 17th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $178.07.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the company's stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $276,038,277.47. This represents a 0.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently 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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