Amphenol Target of Unusually Large Options Trading (NYSE:APH)

Amphenol Corporation (NYSE:APH) was the target of unusually large options trading on Thursday. Stock investors bought 18,401 put options on the company. This represents an increase of approximately 107% compared to the typical volume of 8,909 put options.

Amphenol Stock Performance

APH opened at $80.24 on Friday. The stock has a market capitalization of $197.87 billion, a price-to-earnings ratio of 40.22, a PEG ratio of 1.14 and a beta of 1.24. The company has a fifty day moving average of $80.29 and a 200 day moving average of $74.17. Amphenol has a fifty-two week low of $58.67 and a fifty-two week high of $89.26. 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 results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the previous year, the firm posted $0.41 EPS. Amphenol’s revenue for the quarter was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, sell-side analysts forecast that Amphenol will post 2.63 earnings per share for the current fiscal 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 $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s payout ratio is currently 25.00%.

Insider Buying and Selling

In other news, EVP Lance D’Amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the transaction, the executive vice president directly owned 114,130 shares of the company’s stock, valued at $9,243,959.35. The trade was a 46.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP David Silverman sold 240,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the completion of the sale, the executive vice president directly owned 31,344 shares of the company’s stock, valued at $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,098,608 shares of company stock worth $172,316,688 over the last ninety days. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Several institutional investors have recently added to or reduced their stakes in the company. ABS Direct Equity Fund LLC bought a new stake in Amphenol in the 2nd quarter worth approximately $62,000. The Manufacturers Life Insurance Company grew its holdings in shares of Amphenol by 16.7% in the second quarter. The Manufacturers Life Insurance Company now owns 895,090 shares of the electronics maker’s stock valued at $157,807,000 after purchasing an additional 128,320 shares in the last quarter. Tortoise Investment Management LLC bought a new stake in Amphenol in the second quarter worth $288,000. Sequoia Financial Advisors LLC lifted its position in Amphenol by 5.2% during the second quarter. Sequoia Financial Advisors LLC now owns 48,655 shares of the electronics maker’s stock valued at $8,579,000 after purchasing an additional 2,413 shares during the last quarter. Finally, Van Hulzen Asset Management LLC bought a new stake in shares of Amphenol in the 2nd quarter worth about $212,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on APH. Zacks Research upgraded shares of Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. BNP Paribas Exane raised their price target on Amphenol from $100.00 to $107.50 and gave the company an “outperform” rating in a report on Thursday, July 30th. Robert W. Baird boosted their price objective on Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, JPMorgan Chase & Co. increased their target price on Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $96.00.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

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