SMART Wealth LLC Sells 6,484 Shares of Amphenol Corporation $APH

SMART Wealth LLC trimmed its holdings in Amphenol Corporation (NYSE:APH) by 44.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 8,032 shares of the electronics maker’s stock after selling 6,484 shares during the period. SMART Wealth LLC’s holdings in Amphenol were worth $1,015,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Vermillion & White Wealth Management Group LLC lifted its position in shares of Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in shares of Amphenol by 200.0% during 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 bought a new position in shares of Amphenol in the fourth quarter worth about $26,000. Board of the Pension Protection Fund purchased a new position in Amphenol in the 4th quarter worth about $27,000. Finally, HHM Wealth Advisors LLC purchased a new position in Amphenol in the 1st quarter worth about $27,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Up 6.2%

Amphenol stock opened at $176.66 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The firm has a market cap of $217.33 billion, a P/E ratio of 50.76, a P/E/G ratio of 1.46 and a beta of 1.27. The business has a fifty day moving average of $145.76 and a two-hundred day moving average of $141.67. Amphenol Corporation has a twelve month low of $95.19 and a twelve month high of $178.52.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion for 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 business’s revenue was up 58.4% compared to the same quarter last year. During the same period last year, the business posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Seaport Research Partners reissued a “buy” rating and issued a $215.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. JPMorgan Chase & Co. boosted their price target on Amphenol from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup reissued a “buy” rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $178.07.

Insider Buying and Selling

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 130,775 shares of company stock valued at $18,709,350 in the last ninety days. Insiders own 1.42% of the company’s stock.

Amphenol 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.