Alkeon Capital Management LLC Buys 1,433,650 Shares of Amphenol Corporation $APH

Alkeon Capital Management LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH) by 53.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,104,603 shares of the electronics maker’s stock after purchasing an additional 1,433,650 shares during the quarter. Amphenol accounts for about 0.7% of Alkeon Capital Management LLC’s portfolio, making the stock its 20th largest position. Alkeon Capital Management LLC owned about 0.34% of Amphenol worth $507,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in APH. Financial Management Professionals Inc. increased 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 worth $25,000 after buying an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in Amphenol during the 2nd quarter worth $26,000. Alpine Bank Wealth Management bought a new stake in Amphenol during the 3rd quarter worth $30,000. Finally, Evolution Wealth Management Inc. acquired a new position in Amphenol in the 2nd quarter worth about $31,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol 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 transaction, the chief executive officer directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on APH shares. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Barclays reaffirmed an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a research note on Thursday, January 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $183.00 target price on shares of Amphenol in a research report on Thursday, January 15th. Truist Financial set a $182.00 target price on shares of Amphenol in a report on Tuesday, January 13th. Finally, US Capital Advisors set a $165.00 price target on shares of Amphenol in a research report on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $151.38.

Amphenol Stock Up 1.9%

Amphenol stock opened at $133.99 on Friday. The firm has a market cap of $164.70 billion, a price-to-earnings ratio of 40.12, a PEG ratio of 1.42 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 debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. The firm has a 50 day moving average price of $144.23 and a two-hundred day moving average price of $134.67.

Amphenol (NYSE:APH) last posted its quarterly earnings data 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 company had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period in the prior year, the firm posted $0.55 EPS. The company’s quarterly revenue was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company 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 dividend of $0.25 per share. The ex-dividend date of this dividend 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 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.