Amphenol Sees Unusually Large Options Volume (NYSE:APH)

by · The Markets Daily

Amphenol Corporation (NYSE:APHGet Free Report) was the target of unusually large options trading activity on Monday. Investors bought 29,405 call options on the stock. This is an increase of approximately 372% compared to the typical daily volume of 6,228 call options.

Amphenol Price Performance

Shares of APH stock traded up $0.95 during trading hours on Monday, reaching $130.19. The stock had a trading volume of 4,626,981 shares, compared to its average volume of 8,413,491. The stock’s fifty day simple moving average is $134.44 and its 200 day simple moving average is $116.04. The firm has a market capitalization of $159.36 billion, a PE ratio of 43.39, a PEG ratio of 1.02 and a beta of 1.19. Amphenol has a 12 month low of $56.45 and a 12 month high of $144.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APHGet Free Report) last posted its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. On average, equities research analysts predict that Amphenol will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is presently 22.00%.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent research reports. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Barclays upped their price objective on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $131.54.

Check Out Our Latest Analysis on APH

Insider Transactions at Amphenol

In other news, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the completion of the transaction, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at $24,013,924. This represents a 60.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,063,194 shares of company stock valued at $148,244,445. Corporate insiders own 1.67% of the company’s stock.

Institutional Trading of Amphenol

Several institutional investors and hedge funds have recently modified their holdings of the business. Financial Management Professionals Inc. grew its position in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 90 shares during the last quarter. Alpine Bank Wealth Management bought a new position in shares of Amphenol during the 3rd quarter valued at $30,000. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the 2nd quarter valued at $25,000. Riggs Asset Managment Co. Inc. raised its position in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the period. Finally, Howard Hughes Medical Institute purchased a new stake in Amphenol during the second quarter valued at about $26,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

(Get Free Report)

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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