Bridges Investment Management Inc. Sells 6,949 Shares of Amphenol Corporation $APH

Bridges Investment Management Inc. reduced its holdings in Amphenol Corporation (NYSE:APH) by 3.2% in the 4th quarter, Holdings Channel reports. The fund owned 211,268 shares of the electronics maker’s stock after selling 6,949 shares during the quarter. Bridges Investment Management Inc.’s holdings in Amphenol were worth $28,551,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of APH. Riggs Asset Managment Co. Inc. increased its holdings in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new stake in shares of Amphenol in the fourth quarter worth about $26,000. Board of the Pension Protection Fund bought a new stake in shares of Amphenol in the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Amphenol in the fourth quarter worth about $29,000. Finally, Towne Trust Company N.A bought a new stake in shares of Amphenol in the fourth quarter worth about $34,000. 97.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on APH. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird set a $177.00 price objective on Amphenol in a research report on Thursday, April 30th. Barclays reaffirmed an “overweight” rating and set a $180.00 price objective (up from $175.00) on shares of Amphenol in a research report on Monday, May 4th. UBS Group reaffirmed a “buy” rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a research report on Thursday, April 30th. Finally, BNP Paribas Exane upped their price objective on Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Fourteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $176.87.

Amphenol Stock Performance

APH opened at $148.40 on Wednesday. Amphenol Corporation has a 12-month low of $90.71 and a 12-month high of $167.04. The stock has a market cap of $182.56 billion, a price-to-earnings ratio of 42.64, a PEG ratio of 1.28 and a beta of 1.27. The business has a 50 day moving average of $135.66 and a 200-day moving average of $138.71. 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 (NYSE:APH) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The business’s revenue 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 research analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. 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 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 transaction, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 130,775 shares of company stock worth $18,709,350 in the last 90 days. 1.42% of the stock is currently owned by company insiders.

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.