Amphenol Corporation $APH Shares Sold by Legato Capital Management LLC

Legato Capital Management LLC decreased its holdings in Amphenol Corporation (NYSE:APH) by 42.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,573 shares of the electronics maker’s stock after selling 14,203 shares during the quarter. Legato Capital Management LLC’s holdings in Amphenol were worth $2,645,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at approximately $26,000. Board of the Pension Protection Fund acquired a new position in shares of Amphenol during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of Amphenol during the 4th quarter valued at approximately $29,000. Towne Trust Company N.A acquired a new stake in Amphenol in the 4th quarter valued at $34,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in Amphenol in the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Robert W. Baird set a $177.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial upped their price target on shares of Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group raised their price target on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group boosted their price objective on Amphenol from $184.00 to $201.00 and gave the stock 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 company’s stock. Based on data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus price target of $176.53.

Amphenol Price Performance

Amphenol stock opened at $132.31 on Friday. The company has a fifty day simple moving average of $134.48 and a 200-day simple moving average of $138.63. The firm has a market capitalization of $162.77 billion, a price-to-earnings ratio of 38.02, a PEG ratio of 1.09 and a beta of 1.29. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a 52-week low of $83.44 and a 52-week high of $167.04.

Amphenol (NYSE:APH) last posted its quarterly 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 for 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 for the quarter was up 58.4% on a year-over-year basis. During the same period last year, the firm posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is 28.74%.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 130,775 shares of company stock worth $18,709,350. Insiders own 1.42% of the company’s stock.

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.