Amphenol Gets Larger Allocation in Suncoast Growth Strategy
Suncoast said it increased its Amphenol position, citing earnings momentum and exposure to data center and industrial demand.
Key takeaways
- Suncoast’s strategy increased its Amphenol position, funded by selling its small Aon holding.
- The investor letter cited expected growth of 60% in 2026 and 22% in 2027.
Suncoast Equity Management’s U.S. Equity Large Cap Select Growth Strategy increased its Amphenol position in the third quarter, selling a small Aon holding to fund the addition. Its investor letter cited expected growth of 60% in 2026 and 22% in 2027.
The strategy said Amphenol offered a more attractive mix of organic growth, earnings momentum and long-term exposure to data center and AI infrastructure spending. It also pointed to demand for connectivity and electronic components across aerospace, defense, industrial and automotive markets.
Amphenol shares traded at $86.36 Thursday afternoon, down 1.36% from the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
