Insider Selling: Amphenol (NYSE:APH) CEO Sells 515,281 Shares of Stock

Amphenol Corporation (NYSE:APH) CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the sale, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. This represents a 21.09% 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.

Amphenol Stock Up 2.1%

Shares of Amphenol stock traded up $2.99 during midday trading on Friday, reaching $146.72. 9,340,726 shares of the company’s stock traded hands, compared to its average volume of 11,689,167. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.48 and a current ratio of 2.98. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $167.04. The company’s 50 day simple moving average is $141.62 and its 200 day simple moving average is $129.68. The company has a market cap of $179.60 billion, a price-to-earnings ratio of 43.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.20.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. During the same period in the previous year, the company earned $0.55 EPS. The company’s revenue for the quarter was up 49.1% on a year-over-year basis. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is 29.94%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on APH shares. JPMorgan Chase & Co. boosted their target price on Amphenol from $160.00 to $185.00 and gave the stock an “overweight” rating in a report on Tuesday, January 27th. Evercore restated an “outperform” rating and set a $165.00 target price on shares of Amphenol in a report on Tuesday, January 20th. UBS Group restated a “buy” rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Truist Financial set a $182.00 price objective on Amphenol in a research report on Tuesday, January 13th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.38.

Hedge Funds Weigh In On Amphenol

Several institutional investors and hedge funds have recently modified their holdings of APH. Financial Management Professionals Inc. increased its position in shares of Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the 2nd quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at approximately $26,000. Finally, Board of the Pension Protection Fund bought a new position in shares of Amphenol in the fourth quarter valued at $27,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

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.