Amphenol Corporation (NYSE:APH) Sees Significant Drop in Short Interest

Amphenol Corporation (NYSE:APH) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 11,044,857 shares, a drop of 28.9% from the February 26th total of 15,542,972 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 10,215,681 shares, the short-interest ratio is currently 1.1 days.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $160.00 to $185.00 and gave the company an “overweight” rating in a research report on Tuesday, January 27th. Citigroup lifted their price target on shares of Amphenol from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Zacks Research downgraded shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $183.00 target price on shares of Amphenol in a research report on Thursday, January 15th. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.36.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.67% of the stock is owned by insiders.

Institutional Investors Weigh In On Amphenol

Several hedge funds have recently made changes to their positions in APH. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Tucker Asset Management LLC purchased a new position in Amphenol during the 4th quarter valued at about $26,000. Financial Management Professionals Inc. increased its position in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 90 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Amphenol in the 4th quarter valued at about $27,000. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of Amphenol in the 4th quarter worth approximately $29,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Trading Up 0.6%

Shares of NYSE APH traded up $0.68 during mid-day trading on Friday, reaching $123.81. The company had a trading volume of 7,805,547 shares, compared to its average volume of 10,325,711. The stock has a market cap of $152.19 billion, a price-to-earnings ratio of 37.07, a price-to-earnings-growth ratio of 1.31 and a beta of 1.20. Amphenol has a 52 week low of $56.45 and a 52 week high of $167.04. The business’s 50-day moving average is $141.14 and its 200-day moving average is $135.94. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm’s revenue for the quarter was up 49.1% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Equities analysts expect that Amphenol will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol’s dividend payout ratio (DPR) is presently 29.94%.

About Amphenol

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.