Amphenol Corporation (NYSE:APH) Short Interest Up 35.6% in March
by Doug Wharley · The Cerbat GemAmphenol Corporation (NYSE:APH – Get Free Report) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 14,972,313 shares, an increase of 35.6% from the March 15th total of 11,044,857 shares. Based on an average daily volume of 10,217,068 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.2% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
APH has been the topic of several research reports. Wall Street Zen upgraded shares of Amphenol from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Barclays reissued an “overweight” rating and set a $175.00 price target (up from $156.00) on shares of Amphenol in a research report on Thursday, January 29th. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $185.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday. Jefferies Financial Group began coverage on shares of Amphenol in a research report on Tuesday, March 31st. They set a “buy” rating and a $145.00 price target for the company. Finally, Piper Sandler set a $165.00 price target on shares of Amphenol in a research report on Tuesday, March 17th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and an average target price of $151.93.
View Our Latest Stock Analysis on Amphenol
Insider Buying and Selling at Amphenol
In other news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction 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. This represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.67% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of APH. SVB Wealth LLC grew its stake in Amphenol by 24.9% during the 1st quarter. SVB Wealth LLC now owns 28,387 shares of the electronics maker’s stock valued at $3,587,000 after acquiring an additional 5,653 shares in the last quarter. Outlook Wealth Advisors LLC lifted its holdings in Amphenol by 2.7% in the 1st quarter. Outlook Wealth Advisors LLC now owns 4,330 shares of the electronics maker’s stock worth $547,000 after purchasing an additional 112 shares during the last quarter. Rainier Family Wealth Inc. acquired a new position in shares of Amphenol during the first quarter worth approximately $348,000. XML Financial LLC lifted its holdings in shares of Amphenol by 17.1% during the first quarter. XML Financial LLC now owns 10,598 shares of the electronics maker’s stock worth $1,339,000 after buying an additional 1,549 shares during the last quarter. Finally, Sterling Investment Counsel LLC lifted its holdings in shares of Amphenol by 2.8% during the first quarter. Sterling Investment Counsel LLC now owns 11,320 shares of the electronics maker’s stock worth $1,430,000 after buying an additional 303 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.
Amphenol Stock Performance
APH stock traded up $1.95 during mid-day trading on Friday, reaching $150.91. The company had a trading volume of 4,654,824 shares, compared to its average volume of 9,854,149. 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 market capitalization of $185.54 billion, a P/E ratio of 45.18, a P/E/G ratio of 1.53 and a beta of 1.25. Amphenol has a one year low of $62.55 and a one year high of $167.04. The stock’s 50-day simple moving average is $137.34 and its two-hundred day simple moving average is $137.13.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The firm’s quarterly revenue was up 49.1% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Research analysts anticipate that Amphenol will post 2.36 EPS for the current year.
Amphenol Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis 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%.
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.