Amphenol (NYSE:APH) EVP Sells $20,908,800.00 in Stock

Amphenol Corporation (NYSE:APH) EVP David Silverman sold 120,000 shares of Amphenol stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $174.24, for a total value of $20,908,800.00. Following the completion of the transaction, the executive vice president directly owned 15,672 shares of the company’s stock, valued at approximately $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Amphenol Stock Down 0.8%

Shares of APH opened at $169.17 on Friday. The company’s 50-day simple moving average is $158.40 and its 200-day simple moving average is $145.82. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89. Amphenol Corporation has a 1 year low of $104.71 and a 1 year high of $178.52. The stock has a market capitalization of $208.58 billion, a PE ratio of 42.40, a P/E/G ratio of 1.35 and a beta of 1.24.

Amphenol’s stock is going to split before the market opens on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly created shares will be distributed to shareholders after the market closes on Wednesday, September 2nd.

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

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders 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 dividend yield of 0.6%. Amphenol’s dividend payout ratio is currently 25.06%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Robert W. Baird lifted their target price on Amphenol from $177.00 to $190.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Jefferies Financial Group upped their price target on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. The Goldman Sachs Group increased their price target on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen reissued a “hold” rating and set a $175.00 price objective (up from $135.00) on shares of Amphenol in a research report on Monday, July 13th. Finally, Truist Financial upped their target price on shares of Amphenol from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $191.67.

Institutional Trading of Amphenol

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APH. Vaquero Private Wealth Ltd. acquired a new position in shares of Amphenol in the 2nd quarter valued at $32,000. Vermillion & White Wealth Management Group LLC raised its stake in Amphenol by 163.8% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in Amphenol in the fourth quarter valued at $26,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Amphenol by 85.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 91 shares in the last quarter. Finally, Tompkins Financial Corp boosted its stake in Amphenol by 81.9% in the second quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

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.