Amphenol (NYSE:APH) Sets New 1-Year High - What's Next?

Key Points

• Amphenol Corporation's shares reached a new 52-week high at $121.07, reflecting significant trading volume of 790,231 shares.
• Analysts have increased target prices for Amphenol, with Truist Financial raising its target from $102.00 to $126.00, rating it as a "buy."
• The company recently announced a quarterly dividend of $0.165, payable on October 8th, with a dividend yield of 0.5% and a payout ratio of 26.29%.

Amphenol Corporation (NYSE:APH - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $120.89 and last traded at $121.07, with a volume of 790231 shares changing hands. The stock had previously closed at $118.41.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Bank of America raised their price target on shares of Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a report on Friday, July 11th. Finally, Citigroup lifted their price objective on shares of Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Trading Down 0.1%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm has a market cap of $151.15 billion, a price-to-earnings ratio of 49.32, a P/E/G ratio of 1.99 and a beta of 1.15. The company's 50-day moving average is $109.68 and its 200-day moving average is $90.35.

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

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's dividend payout ratio (DPR) is 26.29%.

Insider Buying and Selling

In other news, CFO Craig A. Lampo sold 199,848 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the transaction, the chief financial officer directly owned 125,695 shares in the company, valued at $13,880,498.85. This trade represents a 61.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 in the last 90 days. Corporate insiders own 1.67% of the company's stock.

Institutional Trading of Amphenol

Several institutional investors have recently made changes to their positions in APH. Opal Wealth Advisors LLC acquired a new position in shares of Amphenol during the second quarter worth about $25,000. Riggs Asset Managment Co. Inc. grew its holdings in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in Amphenol in the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. bought a new stake in shares of Amphenol during the 2nd quarter worth about $31,000. Finally, Hilltop National Bank purchased a new position in shares of Amphenol in the second quarter worth approximately $35,000. Hedge funds and other institutional investors 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.