Amphenol (NYSE:APH) Insider Sells $11,283,200.00 in Stock

Amphenol Corporation (NYSE:APH) insider William Doherty sold 80,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Amphenol Stock Up 0.3%

Shares of NYSE:APH opened at $139.54 on Friday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $141.72. The firm has a market capitalization of $170.80 billion, a P/E ratio of 46.51, a P/E/G ratio of 1.58 and a beta of 1.17. The stock has a 50 day moving average price of $122.26 and a 200-day moving average price of $103.52. 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 announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the prior year, the company earned $0.50 EPS. The business’s 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. Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business 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 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 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is 33.33%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on APH. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their price objective for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Truist Financial raised their price objective on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Barclays began coverage on Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price objective for the company. Finally, Citigroup increased their target price on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $129.77.

Institutional Trading of Amphenol

Several institutional investors have recently added to or reduced their stakes in APH. Hughes Financial Services LLC purchased a new position in shares of Amphenol in the 1st quarter worth $25,000. Opal Wealth Advisors LLC purchased a new position in shares of Amphenol in the 2nd quarter worth $25,000. Financial Management Professionals Inc. boosted its stake in shares of Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in shares of Amphenol in the 2nd quarter worth $26,000. 97.01% of the stock is currently owned by hedge funds and other 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.