Amphenol Sees Unusually Large Options Volume (NYSE:APH)

Amphenol Corporation (NYSE:APH) was the target of some unusual options trading on Thursday. Traders purchased 19,404 put options on the company. This represents an increase of approximately 120% compared to the average daily volume of 8,838 put options.

Insider Buying and Selling

In other news, CEO Richard Norwitt sold 372,208 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $81.14, for a total value of $30,199,096.08. Following the completion of the transaction, the chief executive officer directly owned 1,728,354 shares in the company, valued at approximately $140,230,001.79. This represents a 17.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Craig A. Lampo sold 386,400 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer directly owned 181,330 shares of the company’s stock, valued at approximately $15,169,161.15. The trade was a 68.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,098,608 shares of company stock valued at $172,316,688. Corporate insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Amphenol

Several large investors have recently made changes to their positions in APH. J. Stern & Co. LLP boosted its holdings in Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock worth $10,374,670,000 after buying an additional 75,964,718 shares in the last quarter. Corient Private Wealth LP increased its holdings in shares of Amphenol by 3,010.0% in the second quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock valued at $2,898,248,000 after buying an additional 15,908,901 shares in the last quarter. State Street Corp increased its holdings in shares of Amphenol by 24.2% in the second quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after buying an additional 13,884,641 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of Amphenol during the 2nd quarter valued at $1,600,531,000. Finally, SG Americas Securities LLC lifted its position in shares of Amphenol by 294.3% during the 1st quarter. SG Americas Securities LLC now owns 4,159,165 shares of the electronics maker’s stock valued at $525,510,000 after acquiring an additional 3,104,335 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of APH stock traded down $2.16 during mid-day trading on Friday, hitting $79.33. 12,025,771 shares of the stock traded hands, compared to its average volume of 12,273,270. Amphenol has a twelve month low of $59.01 and a twelve month high of $89.93. The firm has a market cap of $195.62 billion, a price-to-earnings ratio of 39.76, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The company’s 50-day simple moving average is $82.25 and its 200-day simple moving average is $77.00. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter in the previous year, the business earned $0.41 EPS. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities research analysts expect that Amphenol will post 2.67 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 22nd. Amphenol’s dividend payout ratio is presently 25.00%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $116.00 target price (up from $102.00) on shares of Amphenol in a research report on Tuesday, October 6th. BNP Paribas Exane boosted their target price on shares of Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, September 22nd. Wolfe Research started coverage on Amphenol in a research report on Wednesday, September 30th. They set an “outperform” rating and a $105.00 price target on the stock. Truist Financial lifted their price objective on shares of Amphenol from $100.00 to $107.50 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Zacks Research downgraded Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $98.56.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.