Man Group plc Has $253.99 Million Position in Amphenol Corporation $APH

Man Group plc raised its position in Amphenol Corporation (NYSE:APH) by 53.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,879,486 shares of the electronics maker’s stock after purchasing an additional 655,590 shares during the quarter. Man Group plc’s holdings in Amphenol were worth $253,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new stake in Amphenol in the fourth quarter valued at $26,000. Board of the Pension Protection Fund acquired a new stake in Amphenol in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new stake in Amphenol in the fourth quarter valued at $29,000. Tacita Capital Inc lifted its stake in shares of Amphenol by 145.6% during the 4th quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock worth $30,000 after buying an additional 131 shares during the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Amphenol during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s 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 of the company’s stock, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 130,775 shares of company stock worth $18,709,350 over the last 90 days. 1.42% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research reports. Wall Street Zen cut shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Piper Sandler set a $165.00 target price on shares of Amphenol in a research note on Tuesday, March 17th. Evercore restated an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. Jefferies Financial Group raised their target price 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. Finally, JPMorgan Chase & Co. raised their target price 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. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $178.07.

Amphenol Stock Performance

NYSE APH opened at $160.75 on Thursday. Amphenol Corporation has a 52-week low of $92.54 and a 52-week high of $167.04. The stock has a market cap of $197.76 billion, a PE ratio of 46.19, a P/E/G ratio of 1.39 and a beta of 1.27. The firm has a 50-day moving average of $141.62 and a 200-day moving average of $140.03. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71.

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

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is currently 28.74%.

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.