Amphenol (NYSE:APH) VP Sells $16,940,400.00 in Stock

Amphenol Corporation (NYSE:APH) VP David Silverman sold 120,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Amphenol Stock Up 1.7%

APH stock traded up $2.36 during midday trading on Monday, reaching $141.70. 9,470,179 shares of the company were exchanged, compared to its average volume of 8,459,924. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $142.50. The stock’s 50-day simple moving average is $122.26 and its 200 day simple moving average is $103.79. The company has a market cap of $173.45 billion, a price-to-earnings ratio of 47.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s revenue was up 53.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued a $0.25 dividend. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s payout ratio is currently 33.33%.

Institutional Trading of Amphenol

Several large investors have recently bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its position in shares of Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares in the last quarter. Mutual Advisors LLC grew its position in shares of Amphenol by 146.6% during the first quarter. Mutual Advisors LLC now owns 7,212 shares of the electronics maker’s stock worth $473,000 after buying an additional 4,288 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in shares of Amphenol during the first quarter worth approximately $113,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a report on Friday, July 11th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Barclays assumed coverage on shares of Amphenol in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price on the stock. Finally, Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $129.77.

About Amphenol

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.