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Amphenol Corp. (APH) Stock Could Soon Reward Patient Investors

Amphenol Corp. (NYSE: APH) is 11.94% higher on its value in year-to-date trading and has touched a low of $72.00 and a high of $112.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APH stock was last observed hovering at around $109.59 in the last trading session, with the day’s gains setting it 1.38%.

Currently trading at $110.97, the stock is 1.76% and 6.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 1.26% at the moment leaves the stock 22.26% off its SMA200. APH registered 44.51% gain for a year compared to 6-month gain of 28.69%. The firm has a 50-day simple moving average (SMA 50) of $5.52 and a 200-day simple moving average (SMA200) of $23.08.

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The stock witnessed a 5.16% loss in the last 1 month and extending the period to 3 months gives it a 11.77%, and is 0.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.32% over the week and 1.28% over the month.

Amphenol Corp. (APH) has around 95000 employees, a market worth around $66.57B and $12.55B in sales. Current P/E ratio is 35.72 and Fwd P/E is 30.02. Profit margin for the company is 15.36%. Distance from 52-week low is 54.13% and -1.27% from its 52-week high. The company has generated returns on investments over the last 12 months (15.37%).

Amphenol Corp. quarterly earnings per share for the current quarter are estimated at $0.73 with sales reaching $3.09B over the same period.The EPS is expected to grow by 9.68% this year, but quarterly earnings will post 7.20% year-over-year. Quarterly sales are estimated to grow 4.10% in year-over-year returns.

Amphenol Corp. (APH) Top Institutional Holders

1,500 institutions hold shares in Amphenol Corp. (APH), with institutional investors hold 99.20% of the company’s shares. The shares outstanding are 598.90M, and float is at 596.12M with Short Float at 1.22%. Institutions hold 98.63% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 72.08 million shares valued at $6.12 billion. The investor’s holdings represent 12.09% of the APH Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 54.81 million shares valued at $4.66 billion to account for 9.19% of the shares outstanding. The other top investors are Blackrock Inc. which holds 48.1 million shares representing 8.07% and valued at over $4.09 billion, while State Street Corporation holds 4.39% of the shares totaling 26.21 million with a market value of $2.23 billion.

Amphenol Corp. (APH) Insider Activity

The most recent transaction is an insider sale by Straub Peter,the company’sPresident, ISS Division. SEC filings show that Straub Peter sold 20,000 shares of the company’s common stock on Mar 06 ’24 at a price of $110.64 per share for a total of $2.21 million. Following the sale, the insider now owns 0.0 shares.

Amphenol Corp. disclosed in a document filed with the SEC on Feb 08 ’24 that Lampo Craig A (SR VP & CFO) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Feb 08 ’24 and was made at $104.67 per share for $10.47 million. Following the transaction, the insider now directly holds 0.15 million shares of the APH stock.

Still, SEC filings show that on Feb 08 ’24, D’AMICO LANCE E (Sr. VP, Secretary & GenCounsel) disposed off 15,000 shares at an average price of $104.75 for $1.57 million. The insider now directly holds 25,700 shares of Amphenol Corp. (APH).

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