Stock Traders Buy Large Volume of Call Options on Amphenol (NYSE:APH)

Amphenol Corporation (NYSE:APH) was the recipient of unusually large options trading on Wednesday. Traders purchased 19,298 call options on the company. This represents an increase of 82% compared to the typical volume of 10,616 call options.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders sold 130,775 shares of company stock worth $18,709,350. 1.42% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Several hedge funds and other institutional investors have recently modified their holdings of APH. Rathbones Group PLC lifted its holdings in Amphenol by 8.6% in the first quarter. Rathbones Group PLC now owns 3,083,245 shares of the electronics maker’s stock worth $389,568,000 after buying an additional 244,108 shares during the period. Pine Valley Investments Ltd Liability Co bought a new stake in shares of Amphenol during the first quarter valued at approximately $3,727,000. Farmers National Bank grew its stake in Amphenol by 25.8% in the first quarter. Farmers National Bank now owns 3,396 shares of the electronics maker’s stock worth $429,000 after purchasing an additional 697 shares during the period. DV Trading LLC raised its holdings in Amphenol by 2,146.7% in the first quarter. DV Trading LLC now owns 10,582 shares of the electronics maker’s stock worth $1,337,000 after purchasing an additional 10,111 shares in the last quarter. Finally, Optiver Holding B.V. bought a new stake in shares of Amphenol during the 1st quarter valued at $64,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Trading Down 1.2%

Shares of Amphenol stock traded down $1.89 during trading on Wednesday, reaching $152.18. 5,951,899 shares of the stock were exchanged, compared to its average volume of 10,114,356. Amphenol has a 1 year low of $91.61 and a 1 year high of $167.04. The firm has a market cap of $187.21 billion, a price-to-earnings ratio of 43.73, a price-to-earnings-growth ratio of 1.26 and a beta of 1.27. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The stock’s fifty day moving average is $138.04 and its 200 day moving average is $139.19.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The business’s revenue was up 58.4% on a year-over-year basis. During the same quarter last year, the business posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities research analysts expect that Amphenol will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio is 28.74%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Piper Sandler set a $165.00 price target on shares of Amphenol in a research note on Tuesday, March 17th. Truist Financial increased their target price on shares of Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Robert W. Baird set a $177.00 target price on shares of Amphenol in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Monday, April 20th. Finally, Evercore reiterated an “outperform” rating on shares of Amphenol in a report on Wednesday, May 27th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $178.07.

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.