McKinley Carter Wealth Services Inc. Buys 5,402 Shares of Amphenol Corporation $APH

McKinley Carter Wealth Services Inc. boosted its position in Amphenol Corporation (NYSE:APH) by 13.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 45,752 shares of the electronics maker’s stock after acquiring an additional 5,402 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Amphenol were worth $6,183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. increased 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 valued at $25,000 after buying an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Amphenol in the fourth quarter valued at $26,000. Board of the Pension Protection Fund bought a new position in shares of Amphenol in the fourth quarter valued at $27,000. Towne Trust Company N.A bought a new position in shares of Amphenol in the fourth quarter valued at $34,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Amphenol in the fourth quarter valued at $34,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 over the last three months. 1.42% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Piper Sandler set a $165.00 price objective on shares of Amphenol in a research note on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Monday, April 20th. Truist Financial raised their price objective on shares of Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, The Goldman Sachs Group raised their price objective on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $176.53.

Amphenol Stock Performance

NYSE APH opened at $121.70 on Tuesday. Amphenol Corporation has a 52-week low of $83.44 and a 52-week high of $167.04. The company has a 50-day simple moving average of $135.28 and a 200 day simple moving average of $139.03. 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 company has a market capitalization of $149.71 billion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29.

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

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol’s payout ratio is currently 28.74%.

Amphenol Company 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.