Traders Buy Large Volume of Call Options on Amphenol (NYSE:APH)

Amphenol Corporation (NYSE:APH) saw unusually large options trading activity on Monday. Stock investors purchased 29,405 call options on the stock. This represents an increase of approximately 372% compared to the typical daily volume of 6,228 call options.

Wall Street Analyst Weigh In

Several research analysts have issued reports on APH shares. Barclays boosted their price target on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

Amphenol Stock Performance

Shares of NYSE APH opened at $129.19 on Wednesday. The stock has a market cap of $158.14 billion, a PE ratio of 43.06, a price-to-earnings-growth ratio of 1.02 and a beta of 1.19. Amphenol has a 1 year low of $56.45 and a 1 year high of $144.37. The firm has a fifty day moving average price of $134.67 and a 200-day moving average price of $116.60. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share 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 the consensus estimate of $5.54 billion. During the same quarter in the prior year, the firm posted $0.50 EPS. 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. Equities analysts anticipate that Amphenol will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is a boost 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 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio is 22.00%.

Insider Buying and Selling

In other Amphenol news, insider William J. Doherty sold 80,000 shares of Amphenol 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 is available at the SEC website. Also, insider Luc Walter sold 365,118 shares of the stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,063,194 shares of company stock valued at $148,244,445 in the last ninety days. Corporate insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. lifted its holdings in shares of Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares in the last quarter. Alpine Bank Wealth Management bought a new stake in Amphenol in the 3rd quarter valued at $30,000. Opal Wealth Advisors LLC purchased a new stake in Amphenol in the 2nd quarter worth $25,000. Riggs Asset Managment Co. Inc. boosted its holdings in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares during the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in shares of Amphenol during the second quarter valued at about $26,000. 97.01% of the stock is currently owned by institutional investors.

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.