Amphenol (NYSE:APH) EVP Sells $8,099,500.00 in Stock

Amphenol Corporation (NYSE:APH) EVP Lance D’amico sold 50,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $161.99, for a total value of $8,099,500.00. Following the transaction, the executive vice president directly owned 57,065 shares of the company’s stock, valued at $9,243,959.35. This represents a 46.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Amphenol Stock Performance

Shares of NYSE APH opened at $169.17 on Friday. Amphenol Corporation has a 12 month low of $104.71 and a 12 month high of $178.52. The company has a market cap of $208.58 billion, a P/E ratio of 42.40, a P/E/G ratio of 1.35 and a beta of 1.24. The business’s 50 day moving average is $158.40 and its two-hundred day moving average is $145.82. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10.

Shares of Amphenol are scheduled to split on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly issued shares will be payable to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the prior year, the firm earned $0.81 EPS. The business’s revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Amphenol Corporation will post 5.25 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is 25.06%.

Hedge Funds Weigh In On Amphenol

A number of hedge funds have recently modified their holdings of APH. Plato Investment Management Ltd bought a new position in shares of Amphenol during the 2nd quarter worth approximately $8,700,000. USA Financial Formulas grew its position in Amphenol by 3.7% in the first quarter. USA Financial Formulas now owns 5,101 shares of the electronics maker’s stock valued at $645,000 after acquiring an additional 182 shares during the period. Diversified Trust Co. raised its stake in Amphenol by 29.1% during the second quarter. Diversified Trust Co. now owns 19,082 shares of the electronics maker’s stock worth $3,365,000 after acquiring an additional 4,305 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in Amphenol by 1.4% during the second quarter. Cary Street Partners Financial LLC now owns 79,894 shares of the electronics maker’s stock worth $14,087,000 after acquiring an additional 1,098 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of Amphenol by 1.0% during the second quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 11,643 shares of the electronics maker’s stock valued at $2,053,000 after acquiring an additional 115 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

APH has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating and issued a $197.00 price target (up from $185.00) on shares of Amphenol in a report on Thursday, July 30th. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Rothschild & Co Redburn upped their target price on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, TD Cowen reissued a “hold” rating and issued a $175.00 price target (up from $135.00) on shares of Amphenol in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $191.67.

About Amphenol

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.