Amphenol (NYSE:APH) CFO Sells $32,324,292.00 in Stock

Amphenol Corporation (NYSE:APHGet Free Report) CFO Craig Lampo sold 193,200 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the completion of the sale, the chief financial officer owned 90,665 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Amphenol Trading Down 0.8%

NYSE APH opened at $169.17 on Friday. Amphenol Corporation has a 52 week low of $104.71 and a 52 week high of $178.52. The company has a 50 day moving average price of $158.40 and a 200 day moving average price of $145.82. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. The firm has a market cap of $208.58 billion, a PE ratio of 42.40, a price-to-earnings-growth ratio of 1.35 and a beta of 1.24.

Shares of Amphenol are scheduled to split before the market opens on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly created shares will be issued to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APHGet Free Report) last announced its earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.16. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. Amphenol’s revenue was up 55.0% compared to the same quarter last year. During the same period last year, the firm earned $0.81 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, sell-side analysts forecast that Amphenol Corporation will post 5.25 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s payout ratio is 25.06%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Truist Financial raised their price target on Amphenol from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Friday, July 17th. Zacks Research upgraded shares of Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Citigroup boosted their target price on shares of Amphenol from $195.00 to $210.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded shares of Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Amphenol has an average rating of “Buy” and a consensus price target of $191.67.

Get Our Latest Report on Amphenol

Institutional Investors Weigh In On Amphenol

Several hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after acquiring an additional 4,721 shares during the period. Bison Wealth LLC boosted its position in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after purchasing an additional 618 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Amphenol by 55.4% during the 2nd quarter. NewEdge Advisors LLC now owns 62,946 shares of the electronics maker’s stock worth $6,216,000 after purchasing an additional 22,434 shares during the period. Finally, Main Street Financial Solutions LLC grew its stake in shares of Amphenol by 15.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,745 shares of the electronics maker’s stock worth $469,000 after purchasing an additional 638 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

About Amphenol

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.