Avity Investment Management Inc. Reduces Position in Amphenol Corporation $APH

Avity Investment Management Inc. reduced its stake in Amphenol Corporation (NYSE:APH) by 11.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 491,204 shares of the electronics maker’s stock after selling 61,053 shares during the period. Amphenol makes up 4.7% of Avity Investment Management Inc.’s portfolio, making the stock its 2nd biggest position. Avity Investment Management Inc.’s holdings in Amphenol were worth $66,381,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Financial Management Professionals Inc. grew its holdings in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its holdings 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 acquiring an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new position in Amphenol in the 2nd quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new stake in Amphenol during the 4th quarter valued at $27,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

NYSE APH opened at $123.81 on Friday. The company has a 50-day moving average price of $141.14 and a 200-day moving average price of $135.80. 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 market capitalization of $152.19 billion, a P/E ratio of 37.07, a PEG ratio of 1.30 and a beta of 1.20.

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. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The business had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.19 billion. 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 anticipate that Amphenol Corporation will post 2.36 earnings per share 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 issued 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 payout ratio is currently 29.94%.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the firm’s 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 transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. 1.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Truist Financial set a $182.00 price target on Amphenol in a research note on Tuesday, January 13th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Barclays reissued an “overweight” rating and issued a $175.00 target price (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. Wall Street Zen downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 price target on shares of Amphenol in a research note on Thursday, January 15th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $152.36.

About Amphenol

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.