Brevan Howard Capital Management LP Decreases Stock Position in Amphenol Corporation $APH

Brevan Howard Capital Management LP trimmed its position in shares of Amphenol Corporation (NYSE:APH) by 93.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,360 shares of the electronics maker’s stock after selling 420,985 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Amphenol were worth $3,510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of APH. Financial Management Professionals Inc. boosted its stake in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Alpine Bank Wealth Management bought a new position in Amphenol during the 3rd quarter valued at about $30,000. Riggs Asset Managment Co. Inc. raised its position in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the period. Howard Hughes Medical Institute bought a new stake in Amphenol in the second quarter worth about $26,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Amphenol during the second quarter valued at approximately $31,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the topic of a number of analyst reports. Truist Financial set a $182.00 target price on Amphenol in a research note on Tuesday, January 13th. Evercore restated an “outperform” rating and set a $165.00 price objective on shares of Amphenol in a report on Tuesday, January 20th. US Capital Advisors set a $165.00 price objective on Amphenol in a research report on Friday, January 9th. JPMorgan Chase & Co. increased their target price on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 27th. Finally, Wall Street Zen downgraded Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.38.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.67% of the stock is currently owned by company insiders.

Amphenol Price Performance

Shares of APH stock opened at $136.86 on Tuesday. The stock’s 50-day moving average is $144.17 and its 200 day moving average is $135.02. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $167.04. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48. The company has a market cap of $168.23 billion, a P/E ratio of 40.98, a PEG ratio of 1.42 and a beta of 1.20.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $6.44 billion during 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%. Amphenol’s revenue was up 49.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s 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.