Amphenol (NYSE:APH) Stock Price Up 1.3% – What’s Next?
by Kim Johansen · The Markets DailyAmphenol Corporation (NYSE:APH – Get Free Report) traded up 1.3% on Friday. The company traded as high as $74.68 and last traded at $74.0050. 12,983,897 shares were traded during trading, a decline of 24% from the average session volume of 17,108,768 shares. The stock had previously closed at $73.07.
Wall Street Analyst Weigh In
APH has been the topic of several research reports. JPMorgan Chase & Co. raised their price target on Amphenol from $100.00 to $107.50 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Erste Group Bank started coverage on shares of Amphenol in a research note on Wednesday. They issued a “buy” rating for the company. Weiss Ratings upgraded shares of Amphenol from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. TD Cowen cut their target price on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research report on Wednesday, September 9th. Finally, Bank of America raised their target price on shares of Amphenol from $90.00 to $92.50 and gave the company a “buy” rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus target price of $98.56.
Amphenol Stock Performance
The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The stock has a market cap of $182.49 billion, a PE ratio of 37.10, a P/E/G ratio of 1.07 and a beta of 1.23. The business’s 50-day moving average price is $81.76 and its 200-day moving average price is $77.52.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. 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 quarter in the prior year, the company posted $0.41 earnings per share. Amphenol’s revenue for the quarter was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities research analysts expect that Amphenol Corporation will post 2.66 earnings per share for the current fiscal year.
Amphenol Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 22nd. Amphenol’s dividend payout ratio is currently 25.00%.
Insiders Place Their Bets
In other Amphenol news, EVP Lance D’Amico sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $81.00, for a total value of $8,099,500.00. Following the completion of the sale, the executive vice president owned 114,130 shares of the company’s stock, valued at approximately $9,243,959.35. This trade represents a 46.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Craig Lampo sold 386,400 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the sale, the chief financial officer owned 181,330 shares in the company, valued at $15,169,161.15. The trade was a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,098,608 shares of company stock valued at $172,316,688. 1.42% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. State Street Corp increased its position in shares of Amphenol by 24.2% in the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after acquiring an additional 13,884,641 shares during the period. Wellington Management Group LLP lifted its position in Amphenol by 10.5% during the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock worth $2,923,371,000 after acquiring an additional 1,578,248 shares during the period. Corient Private Wealth LP grew its stake in Amphenol by 3,010.0% during 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 purchasing an additional 15,908,901 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Amphenol by 4.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,703,604 shares of the electronics maker’s stock valued at $1,710,939,000 after purchasing an additional 416,388 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new position in shares of Amphenol in the second quarter valued at about $1,600,531,000. Institutional investors and hedge funds own 97.01% of the company’s stock.
Amphenol Company Profile
Amphenol Corporation (NYSE: APH) is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.
The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.
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