Amphenol (NYSE:APH) Upgraded at Wall Street Zen

Key Points

• Amphenol's stock was upgraded from a "buy" rating to a "strong-buy" rating by Wall Street Zen, indicating increased confidence from analysts.
• The company's recent quarterly earnings report showed earnings per share of $0.93, surpassing expectations and reflecting a 53.4% increase in revenue year-over-year.
• Currently, Amphenol has a consensus rating of "Moderate Buy" with an average target price set at $129.77 by analysts.

Amphenol (NYSE:APH - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Saturday.

Several other equities analysts also recently issued reports on the company. Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research report on Friday, July 11th. Truist Financial boosted their price target on Amphenol from $126.00 to $147.00 and gave the stock a "buy" rating in a research report on Thursday. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an "outperform" rating in a research note on Friday, October 10th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a "buy" rating in a research report on Thursday. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a research note on Friday. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus target price of $129.77.

Amphenol Stock Performance

Shares of APH opened at $133.80 on Friday. The firm has a fifty day moving average of $119.39 and a 200-day moving average of $100.45. The company has a market cap of $163.35 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.46 and a current ratio of 2.07. Amphenol has a 1 year low of $56.45 and a 1 year high of $137.65.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating 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 firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm posted $0.50 EPS. Amphenol's quarterly revenue 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. As a group, equities analysts anticipate that Amphenol will post 2.36 earnings per share for the current year.

Insider Activity

In related news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock worth $73,369,357 in the last quarter. Insiders own 1.67% of the company's stock.

Hedge Funds Weigh In On Amphenol

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares in the last quarter. Geode Capital Management LLC raised its position in Amphenol by 8.4% during the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker's stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares in the last quarter. Norges Bank acquired a new stake in Amphenol in the second quarter valued at approximately $2,104,244,000. T. Rowe Price Investment Management Inc. grew its position in Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock worth $1,098,190,000 after acquiring an additional 11,092,282 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Amphenol by 13.4% during the 2nd quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker's stock worth $1,239,017,000 after purchasing an additional 1,486,105 shares during the last quarter. Hedge funds and other 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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