Stock Traders Buy High Volume of Amphenol Put Options (NYSE:APH)

Amphenol Corporation (NYSE:APH) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 33,871 put options on the company. This is an increase of approximately 267% compared to the average daily volume of 9,229 put options.

Amphenol Price Performance

NYSE:APH traded up $9.53 on Wednesday, reaching $153.25. 4,366,807 shares of the company’s stock traded hands, compared to its average volume of 9,580,562. The firm has a market cap of $188.40 billion, a PE ratio of 45.79, a P/E/G ratio of 1.55 and a beta of 1.25. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The stock has a 50-day simple moving average of $138.16 and a 200-day simple moving average of $138.78. Amphenol has a 12 month low of $74.31 and a 12 month high of $167.04.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.01. The firm had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.66 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm’s revenue was up 58.4% on a year-over-year basis. During the same quarter last year, the business posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts forecast that Amphenol will post 4.34 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Amphenol’s payout ratio is presently 29.94%.

Insider Activity

In related news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.42% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. J. Stern & Co. LLP boosted its position in shares of 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 valued at $10,374,670,000 after buying an additional 75,964,718 shares during the period. Norges Bank bought a new position in Amphenol during the 4th quarter worth about $3,052,145,000. JPMorgan Chase & Co. increased its holdings in Amphenol by 102.7% during the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after buying an additional 17,387,536 shares during the period. Capital International Investors increased its holdings in shares of Amphenol by 446.9% in the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock valued at $2,228,288,000 after acquiring an additional 14,714,177 shares during the period. Finally, Capital Research Global Investors grew its stake in Amphenol by 106.9% in the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after purchasing an additional 8,021,284 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on APH shares. JPMorgan Chase & Co. boosted their price target on Amphenol from $185.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Evercore restated an “outperform” rating on shares of Amphenol in a research note on Tuesday, March 17th. Barclays reaffirmed an “overweight” rating and issued a $175.00 price objective (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. Finally, Jefferies Financial Group assumed coverage on shares of Amphenol in a report on Tuesday, March 31st. They set a “buy” rating and a $145.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.71.

Amphenol Company Profile

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.