Amphenol (NYSE:APH) CEO Richard Adam Norwitt Sells 52,203 Shares

Amphenol Corporation (NYSE:APH) CEO Richard Adam Norwitt sold 52,203 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $142.04, for a total value of $7,414,914.12. Following the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $273,783,094.28. This represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Richard Adam Norwitt also recently made the following trade(s):

• On Tuesday, May 5th, Richard Adam Norwitt sold 17,500 shares of Amphenol stock. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00.
• On Friday, May 1st, Richard Adam Norwitt sold 61,072 shares of Amphenol stock. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80.
• On Thursday, February 12th, Richard Adam Norwitt sold 515,281 shares of Amphenol stock. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87.

Amphenol Price Performance

Shares of APH stock traded down $4.34 during mid-day trading on Tuesday, hitting $136.70. 11,693,836 shares of the stock were exchanged, compared to its average volume of 9,655,723. The firm has a fifty day moving average of $138.09 and a 200 day moving average of $139.12. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a 52-week low of $79.10 and a 52-week high of $167.04. The company has a market cap of $168.06 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. During the same period in the prior year, the company posted $0.63 EPS. The company’s revenue for the quarter was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts anticipate that Amphenol Corporation will post 4.49 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Amphenol’s dividend payout ratio is presently 28.74%.

Analyst Upgrades and Downgrades

APH has been the topic of a number of research reports. Wall Street Zen raised shares of Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. JPMorgan Chase & Co. lifted their price target on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. The Goldman Sachs Group increased their price objective on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Finally, Piper Sandler set a $165.00 target price on shares of Amphenol in a report on Tuesday, March 17th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.53.

Hedge Funds Weigh In On Amphenol

A number of institutional investors have recently added to or reduced their stakes in APH. Brighton Jones LLC lifted its position in Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Amphenol by 87.9% during the 4th 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 position in shares of Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after buying an additional 618 shares during the period. NewEdge Advisors LLC raised its position in shares of Amphenol by 55.4% during the 2nd quarter. NewEdge Advisors LLC now owns 62,946 shares of the electronics maker’s stock valued at $6,216,000 after buying an additional 22,434 shares during the period. Finally, Main Street Financial Solutions LLC raised its position in shares of Amphenol by 15.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,745 shares of the electronics maker’s stock valued at $469,000 after buying an additional 638 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

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.