Blackhawk Capital Partners LLC Takes $1.86 Million Position in Amphenol Corporation $APH

Blackhawk Capital Partners LLC acquired a new position in shares of Amphenol Corporation (NYSE:APH) in the first quarter, HoldingsChannel reports. The firm acquired 14,731 shares of the electronics maker’s stock, valued at approximately $1,861,000.

Several other hedge funds also recently modified their holdings of APH. Generali Asset Management SPA SGR increased its position in shares of Amphenol by 20.2% in the fourth quarter. Generali Asset Management SPA SGR now owns 87,072 shares of the electronics maker’s stock worth $11,767,000 after acquiring an additional 14,612 shares in the last quarter. Praxis Investment Management Inc. boosted its position in Amphenol by 86.3% during the 4th quarter. Praxis Investment Management Inc. now owns 26,986 shares of the electronics maker’s stock worth $3,647,000 after purchasing an additional 12,502 shares during the period. Principal Financial Group Inc. boosted its position in Amphenol by 2.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,750,490 shares of the electronics maker’s stock worth $371,704,000 after purchasing an additional 70,938 shares during the period. CGN Advisors LLC acquired a new stake in Amphenol in the 4th quarter valued at $1,592,000. Finally, Global Retirement Partners LLC raised its position in Amphenol by 110.5% in the fourth quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock valued at $2,526,000 after purchasing an additional 9,812 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Trading Down 0.6%

Shares of NYSE APH opened at $157.43 on Thursday. The stock has a market capitalization of $193.68 billion, a P/E ratio of 45.24, a PEG ratio of 1.39 and a beta of 1.24. Amphenol Corporation has a 52-week low of $95.19 and a 52-week high of $178.52. The stock’s 50 day moving average price is $149.00 and its two-hundred day moving average price is $143.85. 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 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 analyst estimates of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. Amphenol’s quarterly revenue was up 58.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, analysts anticipate that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

Wall Street Analyst Weigh In

Several research firms recently commented on APH. UBS Group reissued a “buy” rating and set a $185.00 price target (up from $178.00) on shares of Amphenol in a research report on Thursday, July 9th. Truist Financial upped their target price on shares of Amphenol from $182.00 to $200.00 and gave the company 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 report on Thursday, April 30th. JPMorgan Chase & Co. lifted 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 $195.00 price objective (up from $180.00) on shares of Amphenol in a research report on Monday. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $186.00.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 130,775 shares of company stock worth $18,709,350 over the last three months. Insiders own 1.42% of the company’s stock.

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.