Amphenol Stock to Split on Thursday, September 3rd (NYSE:APH)

Amphenol Corporation (NYSE:APH)’s stock is scheduled to split on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly minted shares will be payable to shareholders after the closing bell on Wednesday, September 2nd.

Amphenol Stock Performance

Amphenol stock opened at $157.80 on Friday. The firm has a market capitalization of $194.56 billion, a P/E ratio of 39.55, a P/E/G ratio of 1.25 and a beta of 1.24. The stock has a fifty day moving average price of $161.24 and a two-hundred day moving average price of $147.35. Amphenol has a 52-week low of $105.45 and a 52-week high of $178.52. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. During the same period last year, the business earned $0.81 earnings per share. The business’s revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, analysts anticipate that Amphenol will post 5.25 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.06%.

Analyst Ratings Changes

A number of research firms recently weighed in on APH. JPMorgan Chase & Co. raised their price target on Amphenol from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. TD Cowen reissued a “hold” rating and issued a $175.00 price objective (up from $135.00) on shares of Amphenol in a research note on Monday, July 13th. Robert W. Baird increased their target price on Amphenol from $177.00 to $190.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Truist Financial raised their target price on Amphenol from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Citigroup lifted their price target on Amphenol from $195.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $191.67.

Insider Buying and Selling

In related news, CEO Richard Adam Norwitt sold 500,000 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $161.57, for a total value of $80,785,000.00. Following the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $311,427,305.99. This trade represents a 20.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 193,200 shares of Amphenol stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the transaction, the chief financial officer directly owned 90,665 shares in the company, valued at $15,169,161.15. The trade was a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,049,304 shares of company stock worth $172,316,688 in the last ninety days. 1.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amphenol

Several hedge funds have recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Amphenol by 85.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 113 shares during the period. Riggs Asset Managment Co. Inc. grew its stake in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares during the period. Tucker Asset Management LLC bought a new stake in shares of Amphenol in the fourth quarter worth about $26,000. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Amphenol during the first quarter worth about $27,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.