Amphenol (NYSE:APH) Insider Sells $11,360,000.00 in Stock

Amphenol Corporation (NYSE:APH) insider William Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Amphenol Stock Performance

NYSE:APH opened at $139.45 on Friday. The stock’s fifty day moving average is $132.70 and its 200 day moving average is $113.49. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The firm has a market capitalization of $170.70 billion, a PE ratio of 46.48, a PEG ratio of 1.09 and a beta of 1.19. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the firm earned $0.50 earnings per share. Amphenol’s quarterly revenue was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. On average, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is currently 22.00%.

Hedge Funds Weigh In On Amphenol

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC increased its position in Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after purchasing an additional 9,390 shares during the period. Revolve Wealth Partners LLC increased its holdings in Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares during the period. Bison Wealth LLC raised its stake in Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in Amphenol by 4.3% during the first quarter. Moors & Cabot Inc. now owns 3,941 shares of the electronics maker’s stock worth $258,000 after buying an additional 164 shares during the period. Finally, Avalon Trust Co boosted its position in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on APH shares. Truist Financial raised their price objective on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. JPMorgan Chase & Co. lifted their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $131.54.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.