Amphenol Corporation (NYSE:APH) Stock Short Interest Climbs 132.6%

by · The Markets Daily

Amphenol Corporation (NYSE:APH – Get Free Report) was the target of a significant increase in short interest in the month of 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. Based on an average daily trading volume, of 11,480,110 shares, the short-interest ratio is currently 2.7 days. Approximately 1.3% of the company’s shares are short sold.

Amphenol Trading Up 1.2%

NYSE APH traded up $1.01 on Friday, hitting $84.09. The company’s stock had a trading volume of 10,143,289 shares, compared to its average volume of 11,558,024. The firm has a market cap of $207.37 billion, a P/E ratio of 42.15, a PEG ratio of 1.17 and a beta of 1.24. Amphenol has a 52-week low of $59.01 and a 52-week high of $89.26. The company’s 50-day simple moving average is $80.58 and its 200 day simple moving average is $74.93. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10.

Amphenol (NYSE:APH – Get Free Report) last posted its earnings results 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 firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The business’s revenue was up 55.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Research analysts predict that Amphenol will post 2.66 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insider Buying and Selling

In related news, EVP David M. Silverman sold 240,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the completion of the sale, the executive vice president directly owned 31,344 shares in the company, valued at $2,730,689.28. This represents a 88.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $81.00, for a total value of $8,099,500.00. Following the transaction, the executive vice president owned 114,130 shares in the company, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,098,608 shares of company stock valued at $172,316,688 over the last three months. 1.42% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amphenol

A number of large investors have recently modified their holdings of the stock. QRG Capital Management Inc. raised its position in shares of Amphenol by 28.4% in the 2nd quarter. QRG Capital Management Inc. now owns 451,146 shares of the electronics maker’s stock worth $75,779,000 after acquiring an additional 99,883 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Amphenol by 78.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 265,689 shares of the electronics maker’s stock valued at $42,730,000 after purchasing an additional 116,996 shares during the period. State Street Corp boosted its position in shares of Amphenol by 24.2% during the second quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after purchasing an additional 13,884,641 shares in the last quarter. Altar Rock LLC bought a new stake in shares of Amphenol during the second quarter valued at approximately $551,000. Finally, Security National Bank of SO Dak purchased a new stake in Amphenol in the second quarter worth $151,000. Institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of a number of analyst reports. Barclays reissued an “overweight” rating and set a $100.00 price objective (down from $200.00) on shares of Amphenol in a research note on Tuesday, September 8th. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Zacks Research upgraded shares of Amphenol from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Robert W. Baird increased their price target on shares of Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Finally, BNP Paribas Exane raised their price target on shares of Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $96.34.

View Our Latest Report on Amphenol

Amphenol Company Profile

(Get Free Report)

Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

The company serves a broad range of markets, including aerospace and defense, automotive, information technology and data communications, industrial equipment, mobile networks, medical devices, and consumer electronics.

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