Lance D’amico Sells 50,000 Shares of Amphenol (NYSE:APH) Stock

Amphenol Corporation (NYSE:APH – Get Free Report) EVP Lance D’amico sold 50,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $161.99, for a total value of $8,099,500.00. Following the completion of the transaction, the executive vice president owned 57,065 shares in the company, valued at $9,243,959.35. This represents a 46.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Amphenol Stock Up 0.7%

APH traded up $1.16 on Wednesday, reaching $172.49. 6,138,882 shares of the company traded hands, compared to its average volume of 9,620,792. The company has a market cap of $212.68 billion, a price-to-earnings ratio of 43.23, a PEG ratio of 1.30 and a beta of 1.24. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The stock’s 50 day moving average price is $156.89 and its 200-day moving average price is $145.42. Amphenol Corporation has a 52-week low of $104.71 and a 52-week high of $178.52.

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Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 EPS for the quarter, beating the consensus estimate of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same period in the previous year, the company posted $0.81 EPS. Amphenol’s revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, sell-side analysts expect that Amphenol Corporation will post 5.25 EPS for the current fiscal year.

Analyst Ratings Changes

APH has been the topic of a number of research reports. The Goldman Sachs Group increased their price objective on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Zacks Research upgraded shares of Amphenol from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Barclays reissued an “overweight” rating and set a $200.00 target price (up from $198.00) on shares of Amphenol in a research report on Monday, July 13th. Robert W. Baird boosted their price target on Amphenol from $177.00 to $190.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Finally, BNP Paribas Exane raised their price objective on Amphenol from $200.00 to $215.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $191.67.

Check Out Our Latest Analysis on Amphenol

Institutional Trading of Amphenol

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Amphenol by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker’s stock valued at $17,102,440,000 after buying an additional 1,322,682 shares during the last quarter. J. Stern & Co. LLP raised its holdings in Amphenol by 9,435.8% in the 4th quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after acquiring an additional 75,964,718 shares in the last quarter. State Street Corp lifted its position in shares of Amphenol by 1.6% in the 4th quarter. State Street Corp now owns 56,913,598 shares of the electronics maker’s stock worth $7,705,440,000 after acquiring an additional 888,526 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after purchasing an additional 17,387,536 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Amphenol by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock valued at $4,087,372,000 after purchasing an additional 748,813 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Company Profile

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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.

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