Insider Selling: Amphenol (NYSE:APH) CEO Sells 17,500 Shares of Stock

Amphenol Corporation (NYSE:APH) CEO Richard Adam Norwitt sold 17,500 shares of Amphenol stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 Monday, May 4th, Richard Adam Norwitt sold 52,203 shares of Amphenol stock. The stock was sold at an average price of $142.04, for a total transaction of $7,414,914.12.
• 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 Stock Down 3.1%

APH traded down $4.34 during mid-day trading on Tuesday, reaching $136.70. 11,693,836 shares of the stock were exchanged, compared to its average volume of 9,655,723. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The stock has a market capitalization 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. The company has a 50 day moving average price of $138.09 and a two-hundred day moving average price of $139.12. Amphenol Corporation has a 1 year low of $79.10 and a 1 year high of $167.04.

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

Amphenol Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol’s payout ratio is presently 28.74%.

Institutional Investors Weigh In On Amphenol

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Twin Capital Management Inc. bought a new stake in shares of Amphenol during the first quarter valued at about $1,265,000. Blackhawk Capital Partners LLC bought a new stake in shares of Amphenol during the first quarter valued at about $1,861,000. Illinois Municipal Retirement Fund increased its position in shares of Amphenol by 22.4% during the first quarter. Illinois Municipal Retirement Fund now owns 74,295 shares of the electronics maker’s stock valued at $9,387,000 after buying an additional 13,595 shares during the period. MASTERINVEST Kapitalanlage GmbH increased its position in shares of Amphenol by 157.0% during the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 11,586 shares of the electronics maker’s stock valued at $1,464,000 after buying an additional 7,078 shares during the period. Finally, Hudson Canyon Capital Management increased its position in shares of Amphenol by 10.5% during the first quarter. Hudson Canyon Capital Management now owns 16,100 shares of the electronics maker’s stock valued at $2,034,000 after buying an additional 1,525 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on APH shares. JPMorgan Chase & Co. lifted their target price on Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. BNP Paribas Exane lifted their target price on Amphenol from $185.00 to $195.00 in a research note on Friday. US Capital Advisors set a $165.00 target price on Amphenol in a research note on Friday, January 9th. UBS Group reiterated a “buy” rating and set a $178.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Finally, Jefferies Financial Group lifted their target price on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $176.53.

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.