Amphenol (NYSE:APH) Coverage Initiated at Barclays

Key Points

• Barclays has initiated coverage on Amphenol, giving it an "equal weight" rating with a price target of $120.00, suggesting a potential downside of 3.63% from the current price.
• Amphenol recently reported strong quarterly earnings, with an EPS of $0.81, surpassing analysts' estimates and a revenue increase of 56.5% year-over-year.
• Despite some insider stock sales, Amphenol has received various updated price targets from multiple firms, with an average target price of $113.57 and a general consensus rating of "Moderate Buy."

Barclays started coverage on shares of Amphenol (NYSE:APH - Get Free Report) in a report issued on Wednesday,Benzinga reports. The firm set an "equal weight" rating and a $120.00 price target on the electronics maker's stock. Barclays's price objective indicates a potential downside of 3.63% from the company's current price.

Several other research firms have also commented on APH. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a research report on Saturday, September 27th. Evercore ISI increased their price target on Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday. UBS Group set a $120.00 target price on shares of Amphenol in a research note on Tuesday. Truist Financial raised their price target on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Amphenol has an average rating of "Moderate Buy" and an average target price of $113.57.

Amphenol Trading Up 0.9%

APH opened at $124.52 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock has a market cap of $152.03 billion, a PE ratio of 49.61, a PEG ratio of 1.98 and a beta of 1.17. The business has a 50 day moving average of $114.63 and a 200-day moving average of $95.13. Amphenol has a 52 week low of $56.45 and a 52 week high of $126.06.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company's revenue for the quarter was up 56.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities research analysts predict that Amphenol will post 2.36 earnings per share for the current fiscal year.

Insider Transactions at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amphenol

A number of hedge funds have recently modified their holdings of APH. Bell Investment Advisors Inc boosted its position in shares of Amphenol by 19.2% in the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker's stock valued at $58,000 after purchasing an additional 95 shares during the period. CENTRAL TRUST Co lifted its holdings in Amphenol by 9.4% in the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker's stock valued at $113,000 after acquiring an additional 98 shares during the period. Tranquility Partners LLC raised its stake in Amphenol by 0.8% in the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker's stock valued at $1,322,000 after purchasing an additional 107 shares during the last quarter. EWA LLC increased its stake in Amphenol by 2.3% in the second quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock valued at $514,000 after purchasing an additional 115 shares during the last quarter. Finally, Coign Capital Advisors LLC increased its stake in Amphenol by 1.1% in the second quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker's stock valued at $1,043,000 after purchasing an additional 116 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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