Amphenol Corporation (NYSE:APH) Short Interest Update

Amphenol Corporation (NYSE:APH) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 31,544,237 shares, an increase of 132.6% from the August 31st total of 13,561,221 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily volume of 11,480,110 shares, the short-interest ratio is presently 2.7 days.

Analyst Ratings Changes

A number of research firms have recently weighed in on APH. Zacks Research raised Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Truist Financial boosted their price target on Amphenol from $100.00 to $107.50 and gave the stock a “buy” rating in a report on Thursday, July 30th. Wall Street Zen upgraded Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Robert W. Baird increased their price objective on shares of Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Finally, UBS Group reiterated a “buy” rating and set a $98.50 price objective (up from $92.50) on shares of Amphenol in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $96.34.

Insider Activity

In other news, EVP Lance D’Amico sold 100,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the sale, the executive vice president directly owned 114,130 shares in the company, valued at $9,243,959.35. This trade represents a 46.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Richard Norwitt sold 372,208 shares of Amphenol stock in a transaction on Friday, July 31st. The shares were sold at an average price of $81.14, for a total transaction of $30,199,096.08. Following the transaction, the chief executive officer owned 1,728,354 shares in the company, valued at approximately $140,230,001.79. This trade represents a 17.72% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,098,608 shares of company stock valued at $172,316,688. 1.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amphenol

Several institutional investors have recently made changes to their positions in APH. J. Stern & Co. LLP lifted its stake in Amphenol by 9,435.8% in 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 purchasing an additional 75,964,718 shares during the last quarter. State Street Corp raised 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 worth $12,107,146,000 after buying an additional 13,884,641 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Amphenol by 102.7% in the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after buying an additional 17,387,536 shares during the period. Capital International Investors grew its position in Amphenol by 31.5% in the 4th quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker’s stock valued at $3,200,276,000 after acquiring an additional 5,674,225 shares during the last quarter. Finally, Norges Bank purchased a new stake in Amphenol in the fourth quarter worth $3,052,145,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Trading Up 1.0%

Shares of NYSE APH opened at $85.47 on Tuesday. Amphenol has a 1-year low of $59.01 and a 1-year high of $89.26. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The business’s 50 day moving average is $80.76 and its two-hundred day moving average is $75.09. The stock has a market capitalization of $210.77 billion, a P/E ratio of 42.79, a PEG ratio of 1.17 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The company’s revenue for the quarter was up 55.0% on a year-over-year basis. During the same period last year, the company earned $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, research analysts expect that Amphenol will post 2.66 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. Amphenol’s payout ratio is 25.00%.

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.