William Doherty Sells 80,000 Shares of Amphenol (NYSE:APH) Stock

Amphenol Corporation (NYSE:APH) insider William Doherty sold 80,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Amphenol Trading Up 1.7%

Shares of APH traded up $2.42 during trading hours on Tuesday, reaching $141.64. 8,588,540 shares of the company traded hands, compared to its average volume of 8,451,128. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The company’s fifty day moving average price is $131.73 and its two-hundred day moving average price is $112.75. The company has a market capitalization of $173.38 billion, a price-to-earnings ratio of 47.21, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 earnings per share. 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 research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently declared 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. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 33.33%.

Wall Street Analyst Weigh In

APH has been the topic of several recent research reports. Evercore ISI upped their price target on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Citigroup upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Barclays lifted their target price on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Truist Financial upped their price target on Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Hedge Funds Weigh In On Amphenol

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares in the last quarter. State Street Corp boosted its position in shares of Amphenol by 1.2% during the third quarter. State Street Corp now owns 56,025,072 shares of the electronics maker’s stock valued at $6,942,156,000 after buying an additional 676,797 shares during the last quarter. Geode Capital Management LLC increased its holdings in Amphenol by 8.4% in the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after buying an additional 2,217,079 shares in the last quarter. Norges Bank purchased a new position in Amphenol in the 2nd quarter worth about $2,104,244,000. Finally, Capital International Investors lifted its stake in Amphenol by 446.9% during the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock valued at $2,228,288,000 after acquiring an additional 14,714,177 shares during the period. 97.01% of the stock is 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.