Northwestern Mutual Wealth Management Co. Sells 64,021 Shares of Amphenol Corporation $APH

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of Amphenol Corporation (NYSE:APH) by 65.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,100 shares of the electronics maker’s stock after selling 64,021 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Amphenol were worth $4,608,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new stake in Amphenol during the fourth quarter worth about $27,000. Towne Trust Company N.A bought a new position in shares of Amphenol in the fourth quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. lifted its stake in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of Amphenol in the fourth quarter worth approximately $34,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Amphenol in the third quarter worth approximately $40,000. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 in the last 90 days. 1.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Seaport Research Partners reiterated a “buy” rating and issued a $215.00 target price on shares of Amphenol in a research note on Thursday, April 30th. Robert W. Baird set a $177.00 target price on shares of Amphenol in a research note on Thursday, April 30th. Jefferies Financial Group upped their target price on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Piper Sandler set a $165.00 target price on shares of Amphenol in a research note on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $176.53.

Amphenol Stock Up 6.0%

Shares of Amphenol stock opened at $132.31 on Friday. The company has a market cap of $162.77 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 1.16 and a beta of 1.29. The company’s 50 day moving average is $134.48 and its 200 day moving average is $138.63. Amphenol Corporation has a twelve month low of $83.44 and a twelve month high of $167.04. 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:APH) last issued its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s revenue for the quarter was up 58.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. Amphenol’s dividend payout ratio is 28.74%.

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.