Amphenol (NYSE:APH) Given New $160.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has raised Amphenol's target price from $145.00 to $160.00, indicating a potential upside of 18.36% from the company's previous close.
• Amphenol reported a quarterly EPS of $0.93, exceeding analysts' expectations of $0.79 and showing a 53.4% year-over-year revenue increase.
• Currently, Amphenol holds a consensus rating of "Moderate Buy" from analysts, with ten ratings as Buy and four as Hold.

Amphenol (NYSE:APH - Get Free Report) had its target price raised by research analysts at JPMorgan Chase & Co. from $145.00 to $160.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an "overweight" rating on the electronics maker's stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 18.36% from the company's previous close.

A number of other research analysts also recently weighed in on APH. Bank of America raised shares of Amphenol from a "neutral" rating to a "buy" rating and increased their target price for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. UBS Group set a $152.00 target price on Amphenol in a research report on Thursday. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research note on Friday, July 11th. Barclays began coverage on Amphenol in a report on Wednesday, October 8th. They set an "equal weight" rating and a $120.00 price target on the stock. Finally, Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average target price of $125.00.

Amphenol Price Performance

APH traded up $6.25 during midday trading on Thursday, reaching $135.18. 5,265,122 shares of the company's stock were exchanged, compared to its average volume of 8,454,514. The business has a 50-day simple moving average of $118.40 and a two-hundred day simple moving average of $99.42. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol has a one year low of $56.45 and a one year high of $135.93. The firm has a market capitalization of $165.04 billion, a price-to-earnings ratio of 53.83, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17.

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, beating analysts' consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analysts' expectations of $5.54 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, research analysts predict that Amphenol will post 2.36 EPS for the current year.

Insider Buying and Selling

In other news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. 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 40,076 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. The trade was 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 over the last three months. Insiders own 1.67% of the company's stock.

Hedge Funds Weigh In On Amphenol

A number of large investors have recently made changes to their positions in the business. Financial Management Professionals Inc. increased its position in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker's stock valued at $25,000 after buying an additional 90 shares in the last quarter. Bell Investment Advisors Inc increased its stake in Amphenol by 19.2% in the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker's stock worth $58,000 after buying an additional 95 shares in the last quarter. CENTRAL TRUST Co boosted its position in shares of Amphenol by 9.4% during the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker's stock worth $113,000 after acquiring an additional 98 shares during the last quarter. Tranquility Partners LLC raised its holdings in shares of Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker's stock worth $1,322,000 after acquiring an additional 107 shares in the last quarter. Finally, Cox Capital Mgt LLC increased its stake in Amphenol by 0.3% during the third quarter. Cox Capital Mgt LLC now owns 32,327 shares of the electronics maker's stock worth $4,000,000 after acquiring an additional 110 shares during the last quarter. Institutional investors and hedge funds 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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