Clough Capital Partners L P Sells 98,784 Shares of Amphenol Corporation $APH

Clough Capital Partners L P decreased its position in shares of Amphenol Corporation (NYSE:APH) by 71.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,605 shares of the electronics maker’s stock after selling 98,784 shares during the period. Clough Capital Partners L P’s holdings in Amphenol were worth $4,878,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SummitTX Capital L.P. bought a new position in Amphenol during the 1st quarter valued at about $5,182,000. Gateway Wealth Partners LLC bought a new stake in Amphenol in the first quarter worth about $454,000. OMERS ADMINISTRATION Corp lifted its stake in Amphenol by 20.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 97,453 shares of the electronics maker’s stock worth $12,313,000 after purchasing an additional 16,659 shares during the last quarter. Van Diest Capital LLC purchased a new position in shares of Amphenol during the first quarter valued at approximately $219,000. Finally, Waverly Advisors LLC grew its stake in shares of Amphenol by 15.2% during the first quarter. Waverly Advisors LLC now owns 31,493 shares of the electronics maker’s stock valued at $3,979,000 after buying an additional 4,153 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction 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 sale, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 130,775 shares of company stock worth $18,709,350 over the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on APH shares. Wall Street Zen lowered Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. The Goldman Sachs Group upped their price objective on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Rothschild & Co Redburn increased their target price on Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Truist Financial lifted their target price on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Barclays reissued an “overweight” rating and set a $200.00 target price (up from $198.00) on shares of Amphenol in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol has a consensus rating of “Buy” and a consensus price target of $186.00.

Amphenol Price Performance

Shares of APH stock opened at $152.59 on Monday. The stock’s 50-day moving average is $152.74 and its 200 day moving average is $144.69. Amphenol Corporation has a 1-year low of $102.76 and a 1-year high of $178.52. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The company has a market cap of $187.72 billion, a P/E ratio of 43.85, a PEG ratio of 1.31 and a beta of 1.24.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $7.08 billion. During the same period in the prior year, the firm posted $0.63 earnings per share. The company’s quarterly revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts predict that Amphenol Corporation will post 4.87 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol’s payout ratio is currently 28.74%.

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.