Amphenol (NYSE:APH) Upgraded by Barclays to Hold Rating

Key Points

• Amphenol has been upgraded to a "hold" rating by Barclays, signaling a moderate outlook on the stock.
• Analysts have varied target prices for Amphenol, with Goldman Sachs setting a target of $139.00 and Citigroup raising theirs to $145.00.
• Insiders have sold a significant number of shares in the last three months, totaling over $73 million, indicating potential shifts in confidence among company executives.

Amphenol (NYSE:APH - Get Free Report) was upgraded by equities research analysts at Barclays to a "hold" rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities analysts also recently weighed in on the company. The Goldman Sachs Group set a $139.00 target price on Amphenol and gave the company a "buy" rating in a research report on Monday, September 29th. KGI Securities initiated coverage on Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating on the stock. Citigroup reiterated a "buy" rating and set a $145.00 price objective (up from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average target price of $113.57.

Amphenol Price Performance

NYSE APH opened at $125.74 on Tuesday. The company has a 50-day moving average price of $115.04 and a 200-day moving average price of $95.34. Amphenol has a 52 week low of $56.45 and a 52 week high of $126.11. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $153.52 billion, a P/E ratio of 50.10, a PEG ratio of 1.99 and a beta of 1.17.

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

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business'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 completion of the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. 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 three months. Insiders own 1.67% of the company's stock.

Hedge Funds Weigh In On Amphenol

Several institutional investors have recently added to or reduced their stakes in APH. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol during the 2nd quarter worth approximately $25,000. Riggs Asset Managment Co. Inc. increased its position in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in Amphenol in the second quarter worth $26,000. Evolution Wealth Management Inc. purchased a new stake in Amphenol during the second quarter valued at $31,000. Finally, Hilltop National Bank bought a new position in Amphenol during the second quarter valued at $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.

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