Thrivent Financial for Lutherans Sells 103,099 Shares of Amphenol Corporation $APH

Thrivent Financial for Lutherans cut its position in shares of Amphenol Corporation (NYSE:APH) by 13.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 648,692 shares of the electronics maker’s stock after selling 103,099 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Amphenol were worth $87,745,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in APH. DSG Capital Advisors LLC lifted its holdings in shares of Amphenol by 230.9% during the third quarter. DSG Capital Advisors LLC now owns 10,688 shares of the electronics maker’s stock valued at $1,323,000 after purchasing an additional 7,458 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of Amphenol by 20.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock valued at $11,767,000 after purchasing an additional 14,612 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Amphenol by 10.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 271,766 shares of the electronics maker’s stock valued at $33,631,000 after purchasing an additional 26,175 shares in the last quarter. Regents Gate Capital LLP lifted its holdings in shares of Amphenol by 54.8% during the third quarter. Regents Gate Capital LLP now owns 96,908 shares of the electronics maker’s stock valued at $11,992,000 after purchasing an additional 34,289 shares in the last quarter. Finally, Estate Counselors LLC bought a new position in shares of Amphenol during the third quarter valued at $3,831,000. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 130,775 shares of company stock worth $18,709,350 over the last three months. 1.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Barclays reaffirmed an “overweight” rating and set a $180.00 price target (up from $175.00) on shares of Amphenol in a report on Monday, May 4th. Truist Financial upped their price target on Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group upped their price target on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Seaport Research Partners reaffirmed a “buy” rating and set a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. Finally, Robert W. Baird set a $177.00 price target on Amphenol in a report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $176.53.

Amphenol Stock Performance

Shares of APH opened at $125.14 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The business has a 50-day simple moving average of $135.57 and a two-hundred day simple moving average of $139.12. The stock has a market cap of $153.95 billion, a price-to-earnings ratio of 35.96, a PEG ratio of 1.13 and a beta of 1.29. Amphenol Corporation has a 52 week low of $83.44 and a 52 week high of $167.04.

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

Amphenol Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 0.8%. Amphenol’s dividend payout ratio is presently 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.