James Hambro & Partners 13F: Cuts Amphenol (APH) Stake by $3M
Key Points
- James Hambro & Partners trimmed its stake by 35,770 shares to end with 2,774,794 shares of Amphenol Corporation (APH) worth $234,026,125.
- Amphenol Corporation posted trailing twelve-month revenue of $29.01 billion with earnings of $2.00 per share ahead of its October 28, 2026 earnings report.
- Other major institutions adjusted their positions, with PensionDanmark increasing its stake by 87.0% to 512,041 shares.
Get Amphenol text alerts
We text you when insiders, Congress, analysts or big funds move on $APH.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Amphenol Corporation alert may contain errors. Disclosures
James Hambro & Partners trimmed its stake in Amphenol Corporation (APH) by 35,770 shares during the quarter, according to a Form 13F filing with the SEC on October 19, 2026.
APH
Amphenol Corporation
What Changed in James Hambro & Partners's Amphenol Corporation Position
The firm reduced its holdings by 1.3%, bringing its total position down to 2,774,794 shares. The remaining stake carried a reported value of $234,026,125 at the time of the filing. In the previous quarter, the firm held 2,810,564 shares.
Other Institutional Activity in Amphenol Corporation
PensionDanmark Pensionsforsikringsaktieselskab grew its holdings by 238,253 shares, ending with 512,041 shares worth about $43,165,056. Capital International Investors added 15,405,426 shares for a 21.8% increase, lifting its position to 86,072,516 shares valued at $6,831,575,831.
Amphenol Corporation Stock Up 1.2%
Amphenol Corporation shares recently traded around $80.27 as of October 20, 2026, sitting below its 50-day moving average of $82.15 while remaining above its 200-day average of $75.11. The stock closed at $80.28 on the October 19 filing date. Shares trade below their 52-week high of $89.93 and sit well above the 52-week low of $59.01.
Recent Earnings
Amphenol Corporation posted trailing twelve-month revenue of $29.01 billion alongside earnings of $2.00 per share. The business achieved a net profit margin of 17.7% and a return on equity of 38.1%, backed by a revenue growth rate of 55.0% year over year. Investors look toward the company's next financial results scheduled for October 28, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
5 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 11.3%. Revenue beat estimates by 6.5%.
-
Profit surprise
EBITDA beat by 10 percent. Operating income met by 1 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
5 target raises.
-
Earnings quality
Gross margin up 2.6 points. Operating margin up 1.8 points. Positive free cash flow.
Earnings Call Summary
Amphenol delivered record $7.6 billion revenue in Q1 2026, up 58 percent year over year with organic growth of 33 percent. IT datacom surged 81 percent organically driven by AI demand and now represents 41 percent of sales. The company booked record $9.4 billion in orders with a 1.24 to 1 book-to-bill ratio. Adjusted operating margins hit 27.3 percent despite CommScope acquisition being margin dilutive. Management is confident in long-term AI data center opportunity with broad product portfolio including copper, power and optical solutions.
Guidance Management guided Q2 revenue of $8.1 to $8.2 billion and adjusted EPS of $1.14 to $1.16, representing 43 to 45 percent sales growth and 41 to 43 percent EPS growth versus last year. They expect IT datacom to grow low teens sequentially as AI data center investments accelerate.
Good report. The company beat and showed some forward improvement, with a few meaningful caveats.
Dividend
Amphenol pays an annual dividend rate of $0.50 per share, which translates to a dividend yield of 0.62%. The payout uses 22.9% of the company's earnings.
Insider Buying and Selling at Amphenol Corporation
Company insiders completed several sales over the summer months. Chief Executive Officer Richard Adam Norwitt disposed of 686,104 shares on July 31, 2026, valued at $110,986,719. General Counsel Lance E D'Amico sold 100,000 shares on August 3, 2026, worth $16,190,245. Chief Financial Officer Craig A Lampo parted with 193,200 shares at $167.31 apiece on August 4, 2026, totaling $32,324,157. Officer David M Silverman sold 120,000 shares at $174.24 each on August 5, 2026, for a total of $20,908,476.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. On September 23, 2026, Bernstein initiated coverage with an Outperform rating and a $99.00 price target. Goldman Sachs maintained a Buy rating and raised its target from $102.00 to $116.00 on October 6, 2026. UBS kept a Buy rating while lifting its target to $105.00 from $99.00 on October 7, 2026. Citigroup maintained a Buy rating and moved its target to $112.00 from $105.00 on October 8, 2026. Evercore ISI Group kept an Outperform rating and raised its target to $100.00 from $90.00 on October 12, 2026. Overall, the stock carries a strong buy recommendation from 19 analysts, with a mean price target of $102.97.
About Amphenol Corporation
Amphenol Corporation designs, manufactures, and markets electrical, electronic, and fiber optic connectors. Serving customers globally through communications solutions, harsh environment solutions, and interconnect sensor systems, the company provides vital infrastructure components for technology and industrial markets.
Bottom Line
James Hambro & Partners adjusted a multi-million dollar stake as Amphenol prepares for its upcoming earnings announcement on October 28, 2026. Market participants continue to monitor institutional flows and analyst price targets for further direction.
Related Filing Alerts
Source: James Hambro & Partners's 13F filing on $APH (Oct 19, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts