Amphenol (NYSE:APH) Sets New 52-Week High Following Analyst Upgrade

Key Points

• Amphenol's share price reached a new 52-week high after Evercore ISI raised its price target from $120 to $150, maintaining an outperform rating on the stock.
• Insider trading activity showed significant sales by CFO Craig A. Lampo, who sold nearly 200,000 shares, representing a 61.39% decrease in his holdings.
• The company announced a quarterly dividend of $0.165, reflecting an annualized dividend yield of 0.5%, with a payout ratio of 26.29%.

Amphenol Corporation (NYSE:APH - Get Free Report)'s share price hit a new 52-week high on Wednesday after Evercore ISI raised their price target on the stock from $120.00 to $150.00. Evercore ISI currently has an outperform rating on the stock. Amphenol traded as high as $126.11 and last traded at $125.31, with a volume of 2464574 shares trading hands. The stock had previously closed at $124.53.

Several other brokerages have also weighed in on APH. JPMorgan Chase & Co. upped their price objective on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Citigroup reaffirmed a "buy" rating and set a $145.00 target price (up from $125.00) on shares of Amphenol in a report on Wednesday, September 24th. UBS Group reaffirmed a "buy" rating and set a $145.00 target price (up from $120.00) on shares of Amphenol in a report on Monday. Finally, The Goldman Sachs Group set a $139.00 target price on Amphenol and gave the company a "buy" rating in a report on Monday, September 29th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Amphenol has a consensus rating of "Moderate Buy" and an average price target of $113.57.

Insider Transactions at Amphenol

In other news, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction dated Friday, August 22nd. The shares were 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 approximately $13,880,498.85. This represents a 61.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Cox Capital Mgt LLC increased its holdings in shares of Amphenol by 0.3% during the 3rd quarter. Cox Capital Mgt LLC now owns 32,327 shares of the electronics maker's stock valued at $4,000,000 after acquiring an additional 110 shares during the last quarter. Wedmont Private Capital increased its holdings in shares of Amphenol by 3.9% during the 3rd quarter. Wedmont Private Capital now owns 25,289 shares of the electronics maker's stock valued at $3,149,000 after acquiring an additional 940 shares during the last quarter. Czech National Bank boosted its stake in Amphenol by 4.9% during the 3rd quarter. Czech National Bank now owns 310,088 shares of the electronics maker's stock valued at $38,373,000 after purchasing an additional 14,419 shares during the period. Ignite Planners LLC boosted its stake in Amphenol by 20.6% during the 3rd quarter. Ignite Planners LLC now owns 2,822 shares of the electronics maker's stock valued at $349,000 after purchasing an additional 483 shares during the period. Finally, Cooper Financial Group boosted its stake in Amphenol by 6.3% during the 3rd quarter. Cooper Financial Group now owns 7,709 shares of the electronics maker's stock valued at $954,000 after purchasing an additional 457 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Performance

The firm has a 50 day moving average of $114.63 and a two-hundred day moving average of $95.13. The stock has a market cap of $153.08 billion, a P/E ratio of 49.91, a P/E/G ratio of 1.98 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results 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. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. 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 EPS for the current fiscal year.

Amphenol Announces Dividend

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

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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