Confluence Investment Management LLC Trims Position in Amphenol Corporation $APH

Confluence Investment Management LLC trimmed its stake in Amphenol Corporation (NYSE:APH) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 199,281 shares of the electronics maker’s stock after selling 8,942 shares during the period. Confluence Investment Management LLC’s holdings in Amphenol were worth $26,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in APH. Grant Private Wealth Management Inc purchased a new stake in Amphenol in the third quarter worth about $515,000. DSG Capital Advisors LLC increased its position in Amphenol by 230.9% during the 3rd quarter. DSG Capital Advisors LLC now owns 10,688 shares of the electronics maker’s stock valued at $1,323,000 after purchasing an additional 7,458 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in shares of Amphenol by 10.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 271,766 shares of the electronics maker’s stock valued at $33,631,000 after purchasing an additional 26,175 shares in the last quarter. Estate Counselors LLC bought a new stake in shares of Amphenol in the 3rd quarter valued at about $3,831,000. Finally, Regents Gate Capital LLP lifted its position in shares of Amphenol by 54.8% in the 3rd quarter. Regents Gate Capital LLP now owns 96,908 shares of the electronics maker’s stock worth $11,992,000 after purchasing an additional 34,289 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating and set a $183.00 price objective on shares of Amphenol in a report on Thursday, January 15th. Truist Financial set a $182.00 target price on Amphenol in a report on Tuesday, January 13th. Piper Sandler set a $165.00 target price on Amphenol in a research report on Tuesday. Evercore reissued an “outperform” rating on shares of Amphenol in a research report on Tuesday. Finally, Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $152.36.

Amphenol Trading Up 2.1%

NYSE:APH opened at $130.50 on Friday. The stock has a market capitalization of $160.41 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 1.35 and a beta of 1.20. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $167.04. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The firm has a 50 day moving average of $143.72 and a 200 day moving average of $135.12.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The business’s revenue for the quarter was up 49.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Monday, March 23rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 23rd. Amphenol’s dividend payout ratio is currently 29.94%.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.67% of the stock is owned by corporate insiders.

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.