Texas Capital Bank Wealth Management Services Inc Trims Holdings in Amphenol Corporation $APH

Texas Capital Bank Wealth Management Services Inc decreased its holdings in Amphenol Corporation (NYSE:APH) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,214 shares of the electronics maker’s stock after selling 4,044 shares during the quarter. Amphenol comprises 0.8% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 26th largest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Amphenol were worth $13,408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of APH. Waystone Advisors LLC acquired a new position in Amphenol in the 4th quarter valued at $396,000. Geode Capital Management LLC increased its stake in Amphenol by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock valued at $4,087,372,000 after buying an additional 748,813 shares during the period. Fidelis Capital Partners LLC increased its stake in Amphenol by 6.1% in the 4th quarter. Fidelis Capital Partners LLC now owns 8,305 shares of the electronics maker’s stock valued at $1,122,000 after buying an additional 479 shares during the period. Expressive Wealth LLC acquired a new position in Amphenol in the 4th quarter valued at $733,000. Finally, Williamson Legacy Group LLC increased its stake in Amphenol by 30.5% in the 4th quarter. Williamson Legacy Group LLC now owns 16,274 shares of the electronics maker’s stock valued at $2,199,000 after buying an additional 3,799 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Evercore reissued an “outperform” rating on shares of Amphenol in a research note on Wednesday. Jefferies Financial Group upped their price target on shares of Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Robert W. Baird set a $177.00 price target on shares of Amphenol in a research note on Thursday, April 30th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Citigroup reissued a “buy” rating and issued a $180.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $176.53.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 130,775 shares of company stock worth $18,709,350. Corporate insiders own 1.42% of the company’s stock.

Amphenol Price Performance

NYSE:APH opened at $140.22 on Thursday. The firm has a market cap of $172.50 billion, a price-to-earnings ratio of 40.29, a price-to-earnings-growth ratio of 1.22 and a beta of 1.29. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average is $134.67 and its two-hundred day moving average is $138.60. Amphenol Corporation has a 12-month low of $87.84 and a 12-month high of $167.04.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion for 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% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts expect that Amphenol Corporation will post 4.76 EPS for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 yield of 0.7%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio is 28.74%.

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.