Amphenol (NYSE:APH) Earns Buy (B) Rating from Weiss Ratings

Key Points

• Amphenol's stock received a "buy (B)" rating from Weiss Ratings, highlighting strong confidence in the company's performance.
• Multiple analysts have raised their target prices for Amphenol, with JPMorgan increasing it from $145 to $160 and UBS setting it at $152, reflecting optimistic growth expectations.
• In its recent earnings report, Amphenol reported a 53.4% year-over-year revenue increase, surpassing analyst estimates with $6.19 billion in revenue and an EPS of $0.93.

Amphenol (NYSE:APH - Get Free Report)'s stock had its "buy (b)" rating reiterated by equities researchers at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

APH has been the topic of a number of other reports. Barclays assumed coverage on shares of Amphenol in a report on Wednesday, October 8th. They issued an "equal weight" rating and a $120.00 target price on the stock. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a "buy" rating in a report on Thursday. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an "overweight" rating in a research report on Thursday. Truist Financial increased their target price on shares of Amphenol from $126.00 to $147.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Evercore ISI increased their price objective on shares of Amphenol from $120.00 to $150.00 and gave the company an "outperform" rating in a research report on Tuesday, October 7th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol currently has an average rating of "Moderate Buy" and a consensus target price of $125.00.

Amphenol Price Performance

Shares of NYSE:APH traded down $1.49 on Friday, reaching $133.82. 7,255,154 shares of the company were exchanged, compared to its average volume of 8,482,797. The company has a current ratio of 2.07, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. Amphenol has a 1-year low of $56.45 and a 1-year high of $137.65. The firm has a market cap of $163.38 billion, a price-to-earnings ratio of 44.67, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a 50-day moving average of $118.89 and a 200-day moving average of $99.94.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the firm earned $0.50 EPS. The business's revenue for the quarter was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities analysts forecast that Amphenol will post 2.36 earnings per share for the current fiscal year.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the firm's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the transaction, the chief financial officer owned 39,884 shares of the company's stock, valued at approximately $4,409,575.04. This trade represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 in the last ninety days. Company insiders own 1.67% of the company's stock.

Hedge Funds Weigh In On Amphenol

Several large investors have recently made changes to their positions in the business. Hughes Financial Services LLC purchased a new position in Amphenol in the 1st quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new stake in Amphenol in the 2nd quarter worth approximately $25,000. Financial Management Professionals Inc. lifted its holdings in Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker's stock worth $25,000 after purchasing an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new position in shares of Amphenol during the second quarter worth approximately $26,000. Institutional investors own 97.01% of the company's stock.

About Amphenol

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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