Assetmark Inc. Buys 8,748 Shares of Amphenol Corporation $APH

Assetmark Inc. increased its stake in Amphenol Corporation (NYSE:APH) by 21.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,437 shares of the electronics maker’s stock after buying an additional 8,748 shares during the period. Assetmark Inc.’s holdings in Amphenol were worth $6,242,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Public Sector Pension Investment Board grew its stake in shares of Amphenol by 4.4% in the third quarter. Public Sector Pension Investment Board now owns 367,968 shares of the electronics maker’s stock worth $45,536,000 after acquiring an additional 15,610 shares during the last quarter. Connable Office Inc. boosted its stake in Amphenol by 0.4% in the 3rd quarter. Connable Office Inc. now owns 45,746 shares of the electronics maker’s stock worth $5,661,000 after purchasing an additional 195 shares in the last quarter. Atria Investments Inc grew its position in Amphenol by 27.7% during the 3rd quarter. Atria Investments Inc now owns 118,857 shares of the electronics maker’s stock valued at $14,709,000 after purchasing an additional 25,764 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of Amphenol by 8.3% during the third quarter. Illinois Municipal Retirement Fund now owns 53,192 shares of the electronics maker’s stock valued at $6,583,000 after buying an additional 4,072 shares during the last quarter. Finally, ICW Investment Advisors LLC increased its position in shares of Amphenol by 3.8% during the third quarter. ICW Investment Advisors LLC now owns 17,653 shares of the electronics maker’s stock valued at $2,185,000 after acquiring an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity

In other news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. This trade represents a 21.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Citigroup upped their price objective on Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. US Capital Advisors set a $165.00 price target on Amphenol in a research note on Friday, January 9th. Truist Financial set a $182.00 price objective on Amphenol in a research report on Tuesday, January 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 target price on shares of Amphenol in a research report on Thursday, January 15th. Finally, UBS Group restated a “buy” rating and set a $174.00 target price (up previously from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $151.38.

Amphenol Price Performance

Shares of NYSE:APH opened at $146.72 on Tuesday. 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 stock has a market capitalization of $180.35 billion, a PE ratio of 43.93, a price-to-earnings-growth ratio of 1.55 and a beta of 1.20. The firm’s 50 day moving average price is $141.90 and its 200-day moving average price is $130.59. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $167.04.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm’s revenue was up 49.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be given a $0.25 dividend. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is presently 29.94%.

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.