Amphenol (NYSE:APH) CEO Richard Adam Norwitt Sells 52,203 Shares

Key Points

• CEO Richard Adam Norwitt sold 52,203 shares on May 4 at an average of $142.04 (~$7.41M) and has executed additional recent sales (May 5: 17,500; May 1: 61,072; Feb 12: 515,281), reducing his stake by 2.64% to 1,927,507 shares valued at ≈$273.8M.
• Amphenol beat Q1 estimates (EPS $1.06 vs. $0.95) with revenue up 58.4% YoY, set Q2 guidance of $1.140–$1.160 EPS, and trades near $136.70 while analysts maintain a consensus "Moderate Buy" with a $176.53 price target.

Amphenol Corporation (NYSE:APH - Get Free Report) CEO Richard Adam Norwitt sold 52,203 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $142.04, for a total value of $7,414,914.12. Following the completion of the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $273,783,094.28. This trade represents a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Richard Adam Norwitt also recently made the following trade(s):

• On Tuesday, May 5th, Richard Adam Norwitt sold 17,500 shares of Amphenol stock. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00.
• On Friday, May 1st, Richard Adam Norwitt sold 61,072 shares of Amphenol stock. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80.
• On Thursday, February 12th, Richard Adam Norwitt sold 515,281 shares of Amphenol stock. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87.

Amphenol Stock Performance

NYSE APH traded down $4.34 on Tuesday, hitting $136.70. 11,693,836 shares of the company traded hands, compared to its average volume of 9,655,723. The company has a market capitalization of $168.06 billion, a price-to-earnings ratio of 39.28, a P/E/G ratio of 1.32 and a beta of 1.29. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The business's 50 day moving average price is $138.09 and its 200-day moving average price is $139.12. Amphenol Corporation has a 52-week low of $79.10 and a 52-week high of $167.04.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.11. The company had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.08 billion. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.Amphenol's quarterly revenue was up 58.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts expect that Amphenol Corporation will post 4.49 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol's payout ratio is presently 28.74%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on APH shares. Piper Sandler set a $165.00 price objective on Amphenol in a research report on Tuesday, March 17th. Fox Advisors restated an "outperform" rating on shares of Amphenol in a research report on Friday, January 9th. UBS Group reaffirmed a "buy" rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research report on Monday, April 20th. Finally, Wall Street Zen raised Amphenol from a "hold" rating to a "buy" rating in a research report on Saturday, April 11th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus price target of $176.53.

Hedge Funds Weigh In On Amphenol

A number of large investors have recently made changes to their positions in APH. J. Stern & Co. LLP raised its position in Amphenol by 9,435.8% during the 4th quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker's stock worth $10,374,670,000 after buying an additional 75,964,718 shares during the last quarter. Norges Bank acquired a new stake in Amphenol during the 4th quarter worth about $3,052,145,000. JPMorgan Chase & Co. grew its position in Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker's stock worth $4,638,701,000 after purchasing an additional 17,387,536 shares during the period. Capital International Investors grew its position in Amphenol by 446.9% during the 3rd quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker's stock worth $2,228,288,000 after purchasing an additional 14,714,177 shares during the period. Finally, Capital Research Global Investors grew its position in Amphenol by 106.9% during the 3rd quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker's stock worth $1,920,982,000 after purchasing an additional 8,021,284 shares during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.