Amphenol (NYSE:APH) Stock Sees Heavy Put Option Buying

Amphenol Corporation (NYSE:APH) was the recipient of some unusual options trading activity on Thursday. Stock investors bought 19,404 put options on the company. This is an increase of 120% compared to the typical daily volume of 8,838 put options.

Amphenol Stock Down 2.0%

Shares of APH stock traded down $1.62 during trading hours on Thursday, hitting $81.07. 7,125,021 shares of the company were exchanged, compared to its average volume of 17,233,994. The business’s 50-day simple moving average is $82.43 and its two-hundred day simple moving average is $76.84. Amphenol has a one year low of $59.01 and a one year high of $89.93. The stock has a market capitalization of $199.92 billion, a price-to-earnings ratio of 40.64, a P/E/G ratio of 1.19 and a beta of 1.23. 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 (NYSE:APH) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.08. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same period last year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts predict that Amphenol will post 2.67 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. Amphenol’s payout ratio is 25.00%.

Insider Buying and Selling at Amphenol

In related news, EVP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the sale, the executive vice president owned 114,130 shares in the company, valued at approximately $9,243,959.35. This trade represents a 46.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 386,400 shares of Amphenol stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total value of $32,324,292.00. Following the completion of the sale, the chief financial officer directly owned 181,330 shares of the company’s stock, valued at approximately $15,169,161.15. This represents a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vaquero Private Wealth Ltd. purchased a new position in Amphenol in the second quarter valued at about $32,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Amphenol by 85.0% during the 1st 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 during the last quarter. Tompkins Financial Corp raised its stake in shares of Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 95 shares in the last quarter. HHM Wealth Advisors LLC bought a new position in shares of Amphenol during the first quarter worth about $27,000. Finally, Wilkerson Advisory Group LLC increased its holdings in Amphenol by 57.4% in the first quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker’s stock valued at $29,000 after buying an additional 85 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on APH. Barclays reiterated an “overweight” rating and set a $100.00 price objective (down from $200.00) on shares of Amphenol in a research note on Tuesday, September 8th. Robert W. Baird increased their price target on Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Citigroup reaffirmed a “buy” rating and issued a $112.00 target price (up from $105.00) on shares of Amphenol in a research report on Thursday, October 8th. BNP Paribas Exane increased their price objective on shares of Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, September 22nd. Finally, TD Cowen decreased their target price on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating for the company in a research note on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.56.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.