Amphenol (NYSE:APH) Stock Set to Split on Thursday, September 3rd

Amphenol Corporation (NYSE:APH)’s stock is scheduled to split before the market opens on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly minted shares will be issued to shareholders after the market closes on Wednesday, September 2nd.

Amphenol Trading Up 2.3%

APH opened at $159.08 on Wednesday. The firm’s 50 day moving average is $161.41 and its 200-day moving average is $146.86. Amphenol has a 52-week low of $105.45 and a 52-week high of $178.52. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $196.14 billion, a P/E ratio of 39.87, a P/E/G ratio of 1.23 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business’s revenue for the quarter was up 55.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Analysts expect that Amphenol will post 5.25 EPS for the current fiscal year.

Amphenol Dividend Announcement

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 $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 22nd. Amphenol’s dividend payout ratio is presently 25.06%.

Wall Street Analysts Forecast Growth

APH has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Friday, July 17th. Truist Financial raised their price objective on Amphenol from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Barclays restated an “overweight” rating and set a $200.00 price objective (up from $198.00) on shares of Amphenol in a report on Monday, July 13th. Bank of America upped their target price on Amphenol from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $215.00 target price on shares of Amphenol in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $191.67.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 500,000 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $161.57, for a total value of $80,785,000.00. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $311,427,305.99. The trade was a 20.60% 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. Also, CFO Craig A. Lampo sold 193,200 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $167.31, for a total value of $32,324,292.00. Following the transaction, the chief financial officer directly owned 90,665 shares in the company, valued at approximately $15,169,161.15. This represents a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,049,304 shares of company stock worth $172,316,688. 1.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amphenol

Institutional investors and hedge funds have recently made changes to their positions in the company. Purus Wealth Management LLC boosted its holdings in shares of Amphenol by 3.7% in the 2nd quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock valued at $318,000 after purchasing an additional 65 shares in the last quarter. Sachetta LLC raised its holdings in shares of Amphenol by 14.9% during the 1st quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock worth $69,000 after buying an additional 71 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in shares of Amphenol by 3.8% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock worth $250,000 after buying an additional 72 shares during the last quarter. Guardian Wealth Advisors LLC NC boosted its stake in Amphenol by 0.5% in the second quarter. Guardian Wealth Advisors LLC NC now owns 14,211 shares of the electronics maker’s stock valued at $2,506,000 after buying an additional 72 shares in the last quarter. Finally, Knuff & Co LLC boosted its stake in Amphenol by 1.3% in the second quarter. Knuff & Co LLC now owns 5,675 shares of the electronics maker’s stock valued at $1,001,000 after buying an additional 75 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

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.