Amphenol Corporation $APH Shares Sold by North Star Asset Management Inc.

North Star Asset Management Inc. lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 238,744 shares of the electronics maker’s stock after selling 18,758 shares during the period. Amphenol accounts for approximately 1.3% of North Star Asset Management Inc.’s investment portfolio, making the stock its 22nd biggest position. North Star Asset Management Inc.’s holdings in Amphenol were worth $32,264,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. boosted its position in Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new position in Amphenol during the fourth quarter worth about $26,000. Board of the Pension Protection Fund acquired a new position in Amphenol during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. acquired a new position in Amphenol during the fourth quarter worth about $29,000. Finally, Towne Trust Company N.A acquired a new position in Amphenol during the fourth quarter worth about $34,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on APH. Truist Financial boosted their price target on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. UBS Group restated a “buy” rating and set a $178.00 price target (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Barclays restated an “overweight” rating and set a $180.00 price target (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. Jefferies Financial Group boosted their price target on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 price target on shares of Amphenol in a research report on Tuesday, March 17th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus price target of $176.53.

Insiders Place Their Bets

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 transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. The trade was a 3.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 130,775 shares of company stock valued at $18,709,350. Insiders own 1.42% of the company’s stock.

Amphenol Stock Performance

NYSE:APH opened at $132.31 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The firm has a market capitalization of $162.77 billion, a price-to-earnings ratio of 38.02, a PEG ratio of 1.16 and a beta of 1.29. The company’s 50-day moving average is $134.48 and its two-hundred day moving average is $138.63. Amphenol Corporation has a 1-year low of $83.44 and a 1-year high of $167.04.

Amphenol (NYSE:APH) last posted its earnings results 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 company 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%. Amphenol’s revenue was up 58.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Analysts forecast that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s payout ratio is presently 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.