Diversify Wealth Management LLC Purchases 13,295 Shares of Amphenol Corporation $APH

Diversify Wealth Management LLC increased its holdings in Amphenol Corporation (NYSE:APHFree Report) by 210.7% during the 1st quarter, Holdings Channel reports. The firm owned 19,606 shares of the electronics maker’s stock after buying an additional 13,295 shares during the period. Diversify Wealth Management LLC’s holdings in Amphenol were worth $2,477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Generali Asset Management SPA SGR grew its stake in shares of Amphenol by 20.2% in the 4th quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock worth $11,767,000 after buying an additional 14,612 shares during the last quarter. Praxis Investment Management Inc. raised its stake in Amphenol by 86.3% during the fourth quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock valued at $3,647,000 after buying an additional 12,502 shares during the last quarter. Principal Financial Group Inc. raised its stake in Amphenol by 2.6% during the fourth quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock valued at $371,704,000 after buying an additional 70,938 shares during the last quarter. CGN Advisors LLC bought a new stake in Amphenol in the fourth quarter worth $1,592,000. Finally, Global Retirement Partners LLC grew its stake in shares of Amphenol by 110.5% in the fourth quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock worth $2,526,000 after acquiring an additional 9,812 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling

In other news, CEO Richard Adam Norwitt sold 17,500 shares of Amphenol stock in a transaction on 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 transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $276,038,277.47. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 130,775 shares of company stock worth $18,709,350 over the last three months. 1.42% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

APH has been the subject of several analyst reports. Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Jefferies Financial Group raised their price objective on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Citigroup reaffirmed a “buy” rating and issued a $195.00 target price (up from $180.00) on shares of Amphenol in a report on Monday. Finally, Truist Financial upped their target price on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $186.00.

Read Our Latest Stock Report on APH

Amphenol Stock Performance

Shares of NYSE APH opened at $156.06 on Tuesday. The firm’s 50-day moving average price is $148.18 and its 200-day moving average price is $143.57. Amphenol Corporation has a 52-week low of $95.19 and a 52-week high of $178.52. The company has a market cap of $191.99 billion, a PE ratio of 44.85, a PEG ratio of 1.39 and a beta of 1.24. 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:APHGet Free Report) last released 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 during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s quarterly revenue was up 58.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. Amphenol’s dividend payout ratio is presently 28.74%.

Amphenol Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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