Amphenol Corporation (NYSE:APH) Shares Shorted: Short Interest Up 132.6% in September

Amphenol Corporation (NYSE:APH) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 31,544,237 shares, a growth of 132.6% from the August 31st total of 13,561,221 shares. Based on an average daily volume of 11,480,110 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.3% of the company’s stock are short sold.

Amphenol Stock Performance

NYSE APH traded up $0.46 during trading hours on Monday, hitting $84.55. 13,923,252 shares of the company’s stock traded hands, compared to its average volume of 17,726,559. Amphenol has a 52 week low of $59.01 and a 52 week high of $89.26. The firm has a market capitalization of $208.50 billion, a P/E ratio of 42.38, a P/E/G ratio of 1.17 and a beta of 1.24. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The business’s fifty day moving average price is $80.58 and its two-hundred day moving average price is $74.97.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.08. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. During the same period last year, the firm earned $0.41 earnings per share. The company’s quarterly revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities research analysts predict that Amphenol will post 2.66 EPS for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Analyst Ratings Changes

APH has been the topic of several recent analyst reports. TD Cowen cut their target price on Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research note on Wednesday, September 9th. Robert W. Baird boosted their price target on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Barclays reaffirmed an “overweight” rating and set a $100.00 price target (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. Zacks Research raised Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Finally, Citigroup reissued a “buy” rating on shares of Amphenol in a research report on Monday, September 14th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $96.34.

Insider Activity

In other news, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer owned 181,330 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Richard Norwitt sold 372,208 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $81.14, for a total transaction of $30,199,096.08. Following the sale, the chief executive officer directly owned 1,728,354 shares of the company’s stock, valued at $140,230,001.79. This trade represents a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,098,608 shares of company stock valued at $172,316,688 in the last quarter. 1.42% of the stock is owned by company insiders.

Institutional Trading of Amphenol

Several hedge funds have recently bought and sold shares of the stock. J. Stern & Co. LLP raised its stake in shares of Amphenol by 9,435.8% in the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock worth $10,374,670,000 after buying an additional 75,964,718 shares during the period. Norges Bank bought a new position in shares of Amphenol during the 4th quarter valued at approximately $3,052,145,000. JPMorgan Chase & Co. increased its holdings in Amphenol by 102.7% in the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after acquiring an additional 17,387,536 shares in the last quarter. Corient Private Wealth LP increased its holdings in Amphenol by 3,010.0% in the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock worth $2,898,248,000 after acquiring an additional 15,908,901 shares in the last quarter. Finally, State Street Corp raised its stake in Amphenol by 24.2% during the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock worth $12,107,146,000 after acquiring an additional 13,884,641 shares during the period. Institutional investors own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.