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

Amphenol Corporation (NYSE:APH) was the recipient of a significant 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. Based on an average daily volume of 10,215,681 shares, the short-interest ratio is currently 1.1 days. Approximately 0.9% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on APH. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. Truist Financial set a $182.00 price target on Amphenol in a report on Tuesday, January 13th. Piper Sandler set a $165.00 price target on Amphenol in a research report on Tuesday, March 17th. Finally, UBS Group reiterated a “buy” rating and issued a $174.00 price objective (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $152.36.

Amphenol Trading Up 0.6%

NYSE APH traded up $0.68 during trading on Friday, hitting $123.81. The company had a trading volume of 7,805,547 shares, compared to its average volume of 10,426,787. The company’s fifty day moving average is $141.14 and its 200-day moving average is $135.94. Amphenol has a one year low of $56.45 and a one year high of $167.04. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08. The company 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 (NYSE:APH) last announced its earnings results 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. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The firm had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same quarter in the previous year, the firm posted $0.55 EPS. The company’s revenue for the quarter was up 49.1% compared to the same quarter last year. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, sell-side analysts predict that Amphenol will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced 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. The ex-dividend date is Monday, March 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s dividend payout ratio is 29.94%.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

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.