Amphenol Shares Scheduled to Split on Thursday, September 3rd (NYSE:APH)

Key Points

• Amphenol’s 2-for-1 stock split is scheduled to take effect before the market opens on Thursday, September 3, with split-adjusted shares distributed after the September 2 closing bell.
• The company reported strong quarterly results, with EPS of $1.35 versus the $1.19 consensus estimate and revenue of $8.76 billion, up 55% year over year. Management guided for third-quarter EPS of $1.40–$1.42.
• Wall Street maintains a favorable view, with a consensus “Buy” rating and an average price target of $191.67; Amphenol also declared a quarterly dividend of $0.25 per share. However, insiders sold more than 1 million shares over the past three months.

Amphenol Corporation (NYSE:APH - Free Report) shares are set to split before the market opens on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, September 2nd.

Amphenol Stock Performance

Shares of APH stock opened at $171.11 on Tuesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89. The firm has a market capitalization of $210.98 billion, a price-to-earnings ratio of 42.88, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24. Amphenol has a one year low of $104.71 and a one year high of $178.52. The company has a 50 day moving average price of $161.16 and a 200 day moving average price of $146.31.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The company had revenue of $8.76 billion during the quarter, compared to analysts' expectations of $8.26 billion. During the same period in the previous year, the company earned $0.81 EPS. The business's quarterly revenue was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts anticipate that Amphenol will post 5.25 EPS for the current year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be given a dividend of $0.25 per share. 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 25.06%.

Wall Street Analyst Weigh In

APH has been the subject of several research reports. TD Cowen reiterated a "hold" rating and set a $175.00 price objective (up from $135.00) on shares of Amphenol in a research note on Monday, July 13th. Bank of America increased their price target on Amphenol from $180.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, July 9th. Jefferies Financial Group raised their price objective on shares of Amphenol from $165.00 to $190.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Seaport Research Partners reiterated a "buy" rating and issued a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. Finally, The Goldman Sachs Group increased their price objective on shares of Amphenol from $184.00 to $201.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Amphenol currently has a consensus rating of "Buy" and an average price target of $191.67.

Insider Transactions at Amphenol

In related news, CEO Richard Adam Norwitt sold 186,104 shares of the company's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $162.27, for a total transaction of $30,199,096.08. Following the completion of the transaction, the chief executive officer directly owned 864,177 shares in the company, valued at $140,230,001.79. This represents a 17.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Craig A. Lampo sold 193,200 shares of Amphenol stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer owned 90,665 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,049,304 shares of company stock valued at $172,316,688 in the last three months. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of APH. J. Stern & Co. LLP grew its stake in shares of Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker's stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the last quarter. Norges Bank acquired a new position in Amphenol during the 4th quarter worth $3,052,145,000. JPMorgan Chase & Co. lifted its holdings 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 buying an additional 17,387,536 shares in the last quarter. Corient Private Wealth LP boosted its position in Amphenol by 3,010.0% in the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker's stock valued at $2,898,248,000 after buying an additional 15,908,901 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new stake in shares of Amphenol in the 2nd quarter valued at $1,600,531,000. Institutional investors own 97.01% of the company's stock.

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.

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