Mill Capital Management LLC Purchases 6,520 Shares of Amphenol Corporation $APH

Mill Capital Management LLC raised its position in Amphenol Corporation (NYSE:APH) by 8.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,224 shares of the electronics maker’s stock after purchasing an additional 6,520 shares during the quarter. Mill Capital Management LLC’s holdings in Amphenol were worth $11,021,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in APH. Vermillion & White Wealth Management Group LLC raised its holdings in Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after buying an additional 113 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in Amphenol during the 4th quarter worth approximately $26,000. Board of the Pension Protection Fund bought a new stake in Amphenol during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in Amphenol in the 4th quarter valued at approximately $29,000. Finally, HHM Wealth Advisors LLC acquired a new position in Amphenol in the 1st quarter valued at approximately $27,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 in the last 90 days. 1.42% of the stock is currently owned by corporate insiders.

Amphenol Trading Up 1.5%

NYSE:APH opened at $158.34 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $194.80 billion, a price-to-earnings ratio of 45.50, a PEG ratio of 1.36 and a beta of 1.24. The firm has a fifty day simple moving average of $148.62 and a two-hundred day simple moving average of $143.71. Amphenol Corporation has a 12 month low of $95.19 and a 12 month high of $178.52.

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

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.

Analyst Ratings Changes

A number of brokerages have recently commented on APH. JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Citigroup restated a “buy” rating and issued a $195.00 price objective (up from $180.00) on shares of Amphenol in a report on Monday. Barclays reaffirmed an “overweight” rating and set a $200.00 target price (up from $198.00) on shares of Amphenol in a report on Monday. Bank of America upped their price target on Amphenol from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus target price of $186.00.

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.