Pacer Advisors Inc. Reduces Stake in Amphenol Corporation $APH

by · The Cerbat Gem

Pacer Advisors Inc. lowered its stake in Amphenol Corporation (NYSE:APHFree Report) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,702 shares of the electronics maker’s stock after selling 7,989 shares during the quarter. Pacer Advisors Inc.’s holdings in Amphenol were worth $13,609,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Kera Capital Partners Inc. grew its stake in Amphenol by 11.7% during the fourth quarter. Kera Capital Partners Inc. now owns 2,990 shares of the electronics maker’s stock valued at $431,000 after acquiring an additional 313 shares in the last quarter. MV Capital Management Inc. bought a new stake in Amphenol during the 4th quarter worth approximately $216,000. Dorsey Wright & Associates lifted its stake in Amphenol by 2.4% in the 4th quarter. Dorsey Wright & Associates now owns 128,838 shares of the electronics maker’s stock worth $17,423,000 after purchasing an additional 2,980 shares in the last quarter. Cambient Family Office LLC bought a new position in Amphenol in the 4th quarter valued at $377,000. Finally, Waterford Advisors LLC purchased a new position in shares of Amphenol during the 4th quarter valued at $849,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently owned by corporate insiders.

Amphenol Stock Performance

Amphenol stock opened at $164.23 on Friday. Amphenol Corporation has a fifty-two week low of $92.98 and a fifty-two week high of $167.04. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The stock has a market cap of $202.05 billion, a P/E ratio of 47.19, a price-to-earnings-growth ratio of 1.44 and a beta of 1.27. The firm’s fifty day moving average price is $142.92 and its 200-day moving average price is $140.36.

Amphenol (NYSE:APHGet Free Report) last announced its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.11. The company had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s quarterly revenue was up 58.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities research analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio is presently 28.74%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Rothschild & Co Redburn upped their price target on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Barclays restated an “overweight” rating and set a $198.00 target price on shares of Amphenol in a research report on Monday, June 8th. Citigroup restated a “buy” rating and issued a $180.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Seaport Research Partners reaffirmed a “buy” rating and issued a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. Finally, Jefferies Financial Group lifted their price target on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $178.07.

Read Our Latest Report on APH

About Amphenol

(Free Report)

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.

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