Investors Purchase High Volume of Call Options on Amphenol (NYSE:APH)

Amphenol Corporation (NYSE:APH) was the target of unusually large options trading on Monday. Traders purchased 29,405 call options on the stock. This represents an increase of 372% compared to the typical daily volume of 6,228 call options.

Insider Activity at Amphenol

In related news, insider William J. 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 value of $11,360,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,063,194 shares of company stock worth $148,244,445 over the last ninety days. Insiders own 1.67% of the company’s stock.

Institutional Trading of Amphenol

Hedge funds and other institutional investors have recently made changes to their positions in the business. Binnacle Investments Inc increased its position in Amphenol by 10.0% in the 3rd quarter. Binnacle Investments Inc now owns 891 shares of the electronics maker’s stock valued at $110,000 after acquiring an additional 81 shares in the last quarter. SYM FINANCIAL Corp lifted its holdings in Amphenol by 0.9% during the 3rd quarter. SYM FINANCIAL Corp now owns 9,266 shares of the electronics maker’s stock worth $1,147,000 after buying an additional 82 shares in the last quarter. Bruce G. Allen Investments LLC boosted its position in Amphenol by 9.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 975 shares of the electronics maker’s stock valued at $121,000 after buying an additional 84 shares during the last quarter. Tower Wealth Partners Inc. raised its position in shares of Amphenol by 2.1% during the third quarter. Tower Wealth Partners Inc. now owns 4,251 shares of the electronics maker’s stock worth $526,000 after acquiring an additional 86 shares during the last quarter. Finally, Fiduciary Group LLC lifted its stake in shares of Amphenol by 0.3% during the third quarter. Fiduciary Group LLC now owns 35,022 shares of the electronics maker’s stock valued at $4,334,000 after acquiring an additional 89 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on APH. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Citigroup raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Price Performance

Shares of APH stock opened at $130.05 on Tuesday. The company has a market capitalization of $159.19 billion, a P/E ratio of 43.35, a P/E/G ratio of 1.02 and a beta of 1.19. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol has a 12 month low of $56.45 and a 12 month high of $144.37. The stock has a 50 day moving average of $134.58 and a two-hundred day moving average of $116.33.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the firm earned $0.50 EPS. Amphenol’s quarterly revenue was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities analysts expect that Amphenol will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is presently 22.00%.

About Amphenol

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.