William Doherty Sells 80,000 Shares of Amphenol (NYSE:APH) Stock

Amphenol Corporation (NYSE:APH) insider William Doherty sold 80,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Amphenol Trading Down 1.9%

APH opened at $138.79 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock’s 50 day moving average price is $132.36 and its 200-day moving average price is $113.31. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The stock has a market cap of $169.89 billion, a price-to-earnings ratio of 46.26, a P/E/G ratio of 1.09 and a beta of 1.19.

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

Amphenol Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Motive Wealth Advisors acquired a new stake in Amphenol in the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC acquired a new position in Amphenol during the 2nd quarter valued at approximately $399,000. Advyzon Investment Management LLC raised its holdings in shares of Amphenol by 101.6% in the second quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after buying an additional 3,051 shares during the last quarter. New York Life Investment Management LLC lifted its stake in shares of Amphenol by 1.6% during the second quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after buying an additional 2,535 shares during the period. Finally, City Center Advisors LLC acquired a new position in shares of Amphenol in the 2nd quarter valued at $482,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on APH shares. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Evercore ISI increased their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $131.54.

Amphenol Company Profile

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.