Amphenol (NYSE:APH) Given New $115.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Amphenol’s price target to $115 from $107 and maintained an “overweight” rating, implying roughly 40% upside from the reported $82.25 share price. The analyst consensus remains “Moderate Buy,” with an average target of $116.53.
• Amphenol’s latest results exceeded expectations, with quarterly EPS of $0.80 versus the $0.73 estimate and revenue of $10.23 billion, up 65.1% year over year. Strong AI, datacom and acquisition-related demand supported the performance, although communications-network weakness remains a risk.
• The company authorized a $4 billion share-repurchase program, covering up to 2% of outstanding shares. At the same time, insiders sold more than 2.09 million shares worth approximately $172.3 million over the past 90 days.

Amphenol (NYSE:APH - Get Free Report) had its price objective upped by investment analysts at JPMorgan Chase & Co. from $107.00 to $115.00 in a research note issued on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the electronics maker's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 39.82% from the company's current price.

A number of other equities research analysts have also recently commented on the company. Citigroup reaffirmed a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Amphenol in a research note on Thursday. Truist Financial boosted their price target on Amphenol from $107.50 to $112.00 and gave the stock a "buy" rating in a report on Thursday. TD Cowen dropped their price objective on shares of Amphenol from $175.00 to $90.00 and set a "hold" rating for the company in a report on Wednesday, September 9th. Wall Street Zen raised Amphenol from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, UBS Group raised their price target on shares of Amphenol from $105.00 to $111.00 and gave the company a "buy" rating in a report on Thursday. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $116.53.

Amphenol Trading Up 1.6%

Shares of NYSE:APH traded up $1.29 during midday trading on Thursday, reaching $82.25. The company had a trading volume of 15,570,131 shares, compared to its average volume of 17,107,332. The firm has a market cap of $202.83 billion, a price-to-earnings ratio of 41.23, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23. The company has a fifty day simple moving average of $81.31 and a two-hundred day simple moving average of $75.38. Amphenol has a 1-year low of $59.01 and a 1-year high of $89.93. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.07. The firm had revenue of $10.23 billion for the quarter, compared to analyst estimates of $9.49 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The company's revenue was up 65.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 EPS. Research analysts predict that Amphenol will post 2.67 earnings per share for the current year.

Amphenol declared that its Board of Directors has initiated a stock repurchase program on Wednesday, October 28th that permits the company to repurchase $4 billion in outstanding shares. This repurchase authorization permits the electronics maker to repurchase up to 2% of its stock through open market purchases. Share repurchase programs are generally a sign that the company's board believes its stock is undervalued.

Insider Transactions at Amphenol

In other news, EVP David M. Silverman sold 240,000 shares of the business's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the completion of the transaction, the chief financial officer owned 181,330 shares in the company, valued at $15,169,161.15. This trade represents a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,098,608 shares of company stock valued at $172,316,688. Company insiders own 1.42% of the company's stock.

Institutional Trading of Amphenol

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Woodmont Investment Counsel LLC boosted its position in shares of Amphenol by 166.2% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 3,538 shares of the electronics maker's stock worth $298,000 after purchasing an additional 2,209 shares in the last quarter. Traynor Capital Management Inc. increased its position in Amphenol by 108.6% during the third quarter. Traynor Capital Management Inc. now owns 13,701 shares of the electronics maker's stock worth $1,155,000 after buying an additional 7,134 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in Amphenol by 101.6% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,720,515 shares of the electronics maker's stock valued at $313,497,000 after purchasing an additional 1,874,988 shares during the last quarter. Virtue Capital Management LLC lifted its stake in shares of Amphenol by 103.2% during the third quarter. Virtue Capital Management LLC now owns 7,094 shares of the electronics maker's stock valued at $598,000 after buying an additional 3,602 shares during the period. Finally, Greenleaf Trust lifted its holdings in shares of Amphenol by 98.7% during the 3rd quarter. Greenleaf Trust now owns 98,845 shares of the electronics maker's stock worth $8,333,000 after acquiring an additional 49,092 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Q3 results exceeded expectations: Amphenol reported adjusted earnings of $0.80 per share versus the $0.73 consensus estimate, while revenue rose 65.1% year over year to $10.23 billion, ahead of the $9.49 billion forecast. Strong IT datacom and artificial-intelligence demand, acquisitions and broad organic growth supported the performance. Amphenol Q3 Earnings Beat Estimates
• Positive Sentiment: AI-driven outlook remains favorable: Management highlighted record orders and robust AI demand, along with contributions from CommScope, and indicated that these trends support a stronger 2026 outlook despite weakness in communications networks. Amphenol Q3 Earnings Call Highlights
• Positive Sentiment: Analysts raised targets and maintained bullish ratings: Truist lifted its target to $112 and kept a Buy rating, UBS raised its target to $111 with a Buy rating, and BNP Paribas Exane increased its target to $115 with an Outperform rating. The revised targets imply substantial potential upside from recent trading levels. BNP Paribas Raises Amphenol Price Target
• Positive Sentiment: Capital-return and acquisition plans add support: Amphenol authorized a $4 billion share-repurchase program, potentially covering up to 2% of outstanding shares. The company also agreed to acquire AdvancedPCB and Humanetics Sensors, transactions intended to expand its connector and sensor businesses. Amphenol Buyback Plan
• Neutral Sentiment: Management’s outlook benefits from AI and datacom demand, but continued weakness in communications networks remains a countervailing risk.
• Negative Sentiment: The company declared a quarterly dividend of $0.15 per share, reportedly 40% below the prior $0.25 payment. The lower payout and approximately 0.7% indicated yield could weigh on income-focused investors.

Amphenol Company Profile

Amphenol Corporation NYSE: APH is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.

The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.

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