Amphenol Sees Unusually Large Options Volume (NYSE:APH)

Amphenol Corporation (NYSE:APH – Get Free Report) was the target of unusually large options trading on Thursday. Investors purchased 19,404 put options on the stock. This is an increase of approximately 120% compared to the typical daily volume of 8,838 put options.

Analysts Set New Price Targets

Several research firms have recently weighed in on APH. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $116.00 price objective (up from $102.00) on shares of Amphenol in a research note on Tuesday, October 6th. UBS Group restated a “buy” rating and issued a $105.00 price target (up from $99.00) on shares of Amphenol in a research report on Wednesday, October 7th. 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. 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. lifted their target price on shares of Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $98.56.

Read Our Latest Stock Analysis on APH

Insider Buying and Selling

In other news, EVP Lance E. D’amico sold 100,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $81.00, for a total value of $8,099,500.00. Following the completion of the transaction, the executive vice president owned 114,130 shares of the company’s stock, valued at approximately $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Richard Norwitt sold 1,000,000 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $80.78, for a total transaction of $80,785,000.00. Following the sale, the chief executive officer owned 3,855,014 shares in the company, valued at $311,427,305.99. This trade represents a 20.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amphenol

Institutional investors have recently bought and sold shares of the stock. Triasima Portfolio Management inc. boosted its holdings in shares of Amphenol by 100.0% during the 3rd quarter. Triasima Portfolio Management inc. now owns 24,478 shares of the electronics maker’s stock worth $2,063,000 after buying an additional 12,239 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Amphenol by 762.8% in the third quarter. Assenagon Asset Management S.A. now owns 981,055 shares of the electronics maker’s stock worth $82,703,000 after purchasing an additional 867,355 shares during the period. Ninety One UK Ltd acquired a new position in shares of Amphenol during the 3rd quarter worth about $423,000. Summit Financial Wealth Advisors LLC lifted its position in shares of Amphenol by 94.8% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 3,982 shares of the electronics maker’s stock worth $336,000 after purchasing an additional 1,938 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in Amphenol by 117.8% during the 3rd quarter. State of Alaska Department of Revenue now owns 284,024 shares of the electronics maker’s stock valued at $24,761,000 after purchasing an additional 153,642 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Down 2.0%

Shares of NYSE APH traded down $1.62 during mid-day trading on Thursday, reaching $81.07. The company had a trading volume of 7,125,021 shares, compared to its average volume of 17,233,994. The company has a market capitalization of $199.92 billion, a price-to-earnings ratio of 40.64, a PEG 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. The stock has a fifty day moving average of $82.43 and a two-hundred day moving average of $76.84. Amphenol has a 12-month low of $59.01 and a 12-month high of $89.93.

Amphenol (NYSE:APH – Get Free Report) last issued its 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 during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the business posted $0.41 EPS. The company’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. As a group, equities research analysts expect that Amphenol will post 2.67 EPS for the current year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were paid a $0.25 dividend. The ex-dividend date was Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. Amphenol’s payout ratio is 25.00%.

About Amphenol

(Get Free Report)

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.

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