Local Pensions Partnership Investment 13F: Adds $129M to APH Stake
Key Points
- Local Pensions Partnership Investment increased its holdings in Amphenol Corporation to 3,479,600 shares, now valued at approximately $293.5 million.
- The stock recently traded around $75.29, about equal to its closing price of $75.27 on the filing date.
- Amphenol has a strong market presence in the electronic components sector, with a recent revenue growth rate of 55%.
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
Local Pensions Partnership Investment boosted its stake in Amphenol Corporation (NYSE: APH) by 1,527,900 shares, valued at about $128.9 million, in a filing on October 26, 2026. The investment firm now holds a total of 3,479,600 shares in the company, representing approximately 9.11% of its total reported portfolio worth $3.22 billion.
APH
Amphenol Corporation
Where Amphenol Fits in Local Pensions Partnership Investment's Portfolio
This increased position ranks third among the firm's 33 reported holdings. The 78.3% increase in shares shows a strong commitment to Amphenol, with an estimated gain versus cost yet to be disclosed.
Other Institutional Activity in Amphenol
Several other funds also made moves in Amphenol recently. J. Safra Sarasin Holding increased its stake by 143,415 shares, bringing its total to 306,316 shares worth about $25.9 million. Tokio Marine Asset Management added 53,397 shares, ending with 103,826 shares valued at approximately $8.8 million. Alta Capital Management also grew its holdings by 203,376 shares, resulting in a total of 492,421 shares worth around $41.5 million.
Amphenol Corporation Stock Up 1.6%
Amphenol shares recently traded at $75.29, which is about equal to its closing price of $75.27 on October 26, 2026. The stock is currently below its 50-day moving average by about 7.5% and 16.3% below its 52-week high of $89.93.
Recent Earnings
In its latest earnings report, Amphenol reported a trailing twelve-month revenue of approximately $29 billion, with a year-over-year revenue growth of 55%. The next earnings report is expected on 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 of $0.50 per share, which translates to a yield of about 0.66% based on recent trading prices.
Insider Buying and Selling at Amphenol Corporation
Several insiders have sold shares recently, including CEO Richard Adam Norwitt, who sold 686,104 shares valued at about $111 million on July 31, 2026. General Counsel Lance E D'Amico also sold 100,000 shares for approximately $16.2 million on August 3, 2026.
Analysts Set New Price Targets
On September 23, 2026, Bernstein initiated coverage on Amphenol with an Outperform rating and a price target of $99. Goldman Sachs maintained its Buy rating with a target of $116 on October 6, 2026. The consensus recommendation among analysts is a strong buy, with a mean price target of $102.97.
About Amphenol
Amphenol Corporation designs and manufactures connectors and interconnect systems used in various industries, including communications and sensors. The company's strong growth and position in the electronic components sector are evident through its recent performance and institutional interest.
Bottom Line
Investors should keep an eye on Amphenol's upcoming earnings report on October 28, 2026, and monitor any changes in analyst ratings or institutional investments. Local Pensions Partnership Investment's significant boost in shares reflects a strong belief in the company's future performance.
Related Filing Alerts
Source: Local Pensions Partnership Investment's 13F filing on $APH (Oct 26, 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