Amphenol (NYSE:APH) VP David Silverman Sells 120,000 Shares

Amphenol Corporation (NYSE:APH) VP David Silverman sold 120,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. This represents a 90.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Amphenol Stock Up 1.7%

Shares of NYSE:APH traded up $2.36 during trading on Monday, reaching $141.70. 9,470,179 shares of the stock traded hands, compared to its average volume of 8,459,924. The stock has a 50-day moving average of $122.26 and a two-hundred day moving average of $103.79. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $142.50. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a market cap of $173.45 billion, a P/E ratio of 47.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17.

Amphenol (NYSE:APH) last issued 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 net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter last year, the company posted $0.50 earnings per share. The firm’s quarterly revenue was up 53.4% on a year-over-year basis. 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, sell-side analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given 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 is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is 33.33%.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Barclays initiated coverage on shares of Amphenol in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price target for the company. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Truist Financial lifted their price target on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Citigroup lifted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $129.77.

Institutional Trading of Amphenol

Several large investors have recently bought and sold shares of APH. Brighton Jones LLC raised 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 acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Amphenol by 87.9% in the fourth 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 last quarter. Bison Wealth LLC raised its position in shares of Amphenol by 8.3% in the fourth 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 last quarter. Mutual Advisors LLC raised its position in shares of Amphenol by 146.6% in the first quarter. Mutual Advisors LLC now owns 7,212 shares of the electronics maker’s stock valued at $473,000 after buying an additional 4,288 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in shares of Amphenol in the first quarter valued at about $113,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

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.