Morningstar Investment Management LLC Decreases Stake in Amphenol Corporation $APH

Morningstar Investment Management LLC lowered its position in Amphenol Corporation (NYSE:APH) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 80,962 shares of the electronics maker’s stock after selling 3,814 shares during the period. Amphenol accounts for approximately 0.6% of Morningstar Investment Management LLC’s portfolio, making the stock its 25th biggest holding. Morningstar Investment Management LLC’s holdings in Amphenol were worth $10,941,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC lifted its holdings in Amphenol by 6.0% in the 4th quarter. New Age Alpha Advisors LLC now owns 64,515 shares of the electronics maker’s stock valued at $8,719,000 after purchasing an additional 3,657 shares in the last quarter. HBK Sorce Advisory LLC lifted its holdings in Amphenol by 8.6% in the 4th quarter. HBK Sorce Advisory LLC now owns 7,872 shares of the electronics maker’s stock valued at $1,072,000 after purchasing an additional 623 shares in the last quarter. Allen Capital Group LLC lifted its holdings in Amphenol by 8.1% in the 4th quarter. Allen Capital Group LLC now owns 3,256 shares of the electronics maker’s stock valued at $440,000 after purchasing an additional 244 shares in the last quarter. Atticus Wealth Management LLC purchased a new position in Amphenol in the 4th quarter valued at $217,000. Finally, Praxis Capital Management LLC purchased a new position in Amphenol in the 4th quarter valued at $272,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Up 0.2%

Shares of APH opened at $132.31 on Monday. Amphenol Corporation has a 52-week low of $83.44 and a 52-week high of $167.04. The company has a market capitalization of $162.77 billion, a PE ratio of 38.02, a price-to-earnings-growth ratio of 1.16 and a beta of 1.29. The stock has a fifty day simple moving average of $134.48 and a two-hundred day simple moving average of $138.61. 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) last issued its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period last year, the company earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities analysts forecast 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. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of research reports. The Goldman Sachs Group raised their price objective on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Zacks Research downgraded Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Robert W. Baird set a $177.00 target price on Amphenol in a research note on Thursday, April 30th. Barclays reaffirmed an “overweight” rating and issued a $180.00 target price (up from $175.00) on shares of Amphenol in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their target price on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $176.53.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. This trade represents 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 this hyperlink. Over the last three months, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently owned by company 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.