Amphenol (NYSE:APH) Sets New 52-Week High - Here's What Happened

Key Points

• Amphenol's stock reached a new 52-week high, trading at $116.85 after previously closing at $110.54, with a volume of over 14 million shares.
• Analysts maintain a positive outlook on Amphenol, with a consensus rating of "Moderate Buy" and upgrades from firms such as UBS increasing the price target to $120.00.
• The company reported strong earnings, with a quarterly EPS of $0.81, exceeding estimates and marking a 56.5% revenue increase year-over-year.

Amphenol Corporation (NYSE:APH - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $117.24 and last traded at $116.85, with a volume of 14092054 shares trading hands. The stock had previously closed at $110.54.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Truist Financial upped 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. KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating for the company. Citigroup upped their price target on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Bank of America upped their price target on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Finally, Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Price Performance

The firm has a market capitalization of $144.94 billion, a price-to-earnings ratio of 47.30, a P/E/G ratio of 1.91 and a beta of 1.15. The company has a fifty day moving average price of $107.44 and a two-hundred day moving average price of $88.05. 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 (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share 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 the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company's revenue was up 56.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is 26.29%.

Insider Activity

In related news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction on 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 transaction, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of Amphenol stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company's stock.

Institutional Investors Weigh In On Amphenol

A number of hedge funds and other institutional investors have recently bought and sold shares of APH. Brighton Jones LLC lifted its holdings in Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC increased its position in Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC boosted its stake in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after buying an additional 618 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in Amphenol by 14.4% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,936 shares of the electronics maker's stock worth $1,246,000 after buying an additional 2,260 shares during the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new stake in Amphenol in the 4th quarter worth about $1,320,000. Institutional investors and hedge funds own 97.01% of the company's stock.

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.