Amphenol Corporation (NYSE:APH) Stock Short Interest Climbs 132.6%

Amphenol Corporation (NYSE:APH – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 31,544,237 shares, an increase of 132.6% from the August 31st total of 13,561,221 shares. Based on an average daily trading volume, of 11,480,110 shares, the short-interest ratio is currently 2.7 days. Approximately 1.3% of the shares of the stock are short sold.

Insider Activity

In related news, CEO Richard Norwitt sold 372,208 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $81.14, for a total transaction of $30,199,096.08. Following the sale, the chief executive officer owned 1,728,354 shares of the company’s stock, valued at approximately $140,230,001.79. This represents a 17.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP David M. 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 owned 31,344 shares in the company, valued at $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,098,608 shares of company stock valued at $172,316,688. Corporate insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Amphenol

A number of large investors have recently modified their holdings of APH. Purus Wealth Management LLC raised its stake in shares of Amphenol by 3.7% during the second quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock worth $318,000 after acquiring an additional 65 shares in the last quarter. Cornerstone Financial Management LLC lifted its holdings in shares of Amphenol by 27.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 304 shares of the electronics maker’s stock worth $54,000 after acquiring an additional 65 shares during the last quarter. Sachetta LLC boosted its stake in shares of Amphenol by 14.9% in the 1st quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock valued at $69,000 after purchasing an additional 71 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Amphenol by 3.8% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock valued at $250,000 after purchasing an additional 72 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC grew its holdings in shares of Amphenol by 0.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 14,211 shares of the electronics maker’s stock valued at $2,506,000 after purchasing an additional 72 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on APH. Truist Financial upped their price target on shares of Amphenol from $100.00 to $107.50 and gave the stock a “buy” rating in a report on Thursday, July 30th. Barclays reissued 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. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Friday, July 17th. Robert W. Baird upped their target price on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Finally, UBS Group reaffirmed a “buy” rating and issued a $98.50 price target (up from $92.50) on shares of Amphenol in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Amphenol currently has an average rating of “Buy” and an average target price of $96.34.

Check Out Our Latest Stock Report on APH

Amphenol Price Performance

Shares of NYSE:APH traded up $1.01 during trading on Friday, reaching $84.09. The company had a trading volume of 10,143,289 shares, compared to its average volume of 11,558,024. The company has a fifty day moving average of $80.58 and a two-hundred day moving average of $74.93. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $207.37 billion, a P/E ratio of 42.15, a price-to-earnings-growth ratio of 1.17 and a beta of 1.24. Amphenol has a 12 month low of $59.01 and a 12 month high of $89.26.

Amphenol (NYSE:APH – Get Free Report) last announced its earnings results 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 net margin of 17.73% and a return on equity of 39.87%. The company had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same period in the previous year, the business earned $0.41 earnings per share. The firm’s quarterly revenue was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities research analysts forecast that Amphenol will post 2.66 earnings per share for the current year.

Amphenol Dividend Announcement

The company 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 is Tuesday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. Amphenol’s dividend payout ratio is 25.00%.

Amphenol Company Profile

(Get Free Report)

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.

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