TD Private Client Wealth LLC Lowers Stock Holdings in Amphenol Corporation $APH

TD Private Client Wealth LLC reduced its position in shares of Amphenol Corporation (NYSE:APH) by 16.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 56,312 shares of the electronics maker’s stock after selling 11,229 shares during the period. TD Private Client Wealth LLC’s holdings in Amphenol were worth $7,610,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Riggs Asset Managment Co. Inc. boosted its holdings in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares during the period. Tucker Asset Management LLC purchased a new position in Amphenol in the fourth quarter valued at $26,000. Board of the Pension Protection Fund purchased a new position in Amphenol in the fourth quarter valued at $27,000. Towne Trust Company N.A purchased a new position in Amphenol in the fourth quarter valued at $34,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Amphenol in the fourth quarter valued at $34,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of Amphenol 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 sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. The Goldman Sachs Group lifted their target price on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Evercore lifted their target price on Amphenol from $165.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays restated an “overweight” rating and issued a $180.00 price target (up from $175.00) on shares of Amphenol in a research note on Monday, May 4th. Finally, Citigroup restated a “buy” rating and issued a $180.00 price target (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $176.53.

Amphenol Stock Up 0.1%

APH opened at $125.14 on Monday. The business’s 50-day simple moving average is $135.57 and its 200-day simple moving average is $139.14. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. Amphenol Corporation has a one year low of $83.44 and a one year high of $167.04. The stock has a market capitalization of $153.95 billion, a P/E ratio of 35.96, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion for the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The business’s revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s payout ratio is currently 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.