Amphenol (NYSE:APH) Given New $90.00 Price Target at TD Cowen

Key Points

• TD Cowen cut Amphenol’s price target to $90 from $175 and maintained a “hold” rating, implying roughly 10% upside from the stock’s $81.83 price.
• Analyst sentiment remains broadly positive: Amphenol has a consensus “buy” rating and an average price target of $96, despite recent target reductions from several firms.
• The company beat quarterly expectations with $0.68 in earnings per share and $8.76 billion in revenue, up 55% year over year; however, insiders sold more than $172 million of stock over the past 90 days.

Amphenol (NYSE:APH - Get Free Report) had its target price reduced by TD Cowen from $175.00 to $90.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a "hold" rating on the electronics maker's stock. TD Cowen's price target would indicate a potential upside of 9.99% from the company's current price.

A number of other equities analysts also recently weighed in on APH. Wall Street Zen raised shares of Amphenol from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. boosted their target price on Amphenol from $100.00 to $107.50 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Zacks Research raised Amphenol from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. Barclays reiterated an "overweight" rating and issued a $100.00 price objective (down from $200.00) on shares of Amphenol in a research note on Tuesday. Finally, BNP Paribas Exane lifted their target price on Amphenol from $100.00 to $107.50 and gave the company an "outperform" rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Amphenol presently has a consensus rating of "Buy" and an average price target of $96.00.

Amphenol Stock Up 0.1%

Shares of APH traded up $0.07 on Wednesday, reaching $81.83. The stock had a trading volume of 1,321,006 shares, compared to its average volume of 18,052,639. 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 has a 12-month low of $58.32 and a 12-month high of $89.26. The firm has a market capitalization of $201.78 billion, a price-to-earnings ratio of 40.98, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. The company has a 50-day simple moving average of $80.42 and a 200-day simple moving average of $74.10.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.08. The company had revenue of $8.76 billion for the quarter, compared to analysts' expectations of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The firm's revenue for the quarter was up 55.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts predict that Amphenol will post 2.63 EPS for the current year.

Insider Buying and Selling at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 386,400 shares of the company's 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 sale, the chief financial officer directly owned 181,330 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total value of $8,099,500.00. Following the completion of the sale, the executive vice president directly owned 114,130 shares of the company's stock, valued at $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 2,098,608 shares of company stock worth $172,316,688 in the last ninety days. Company insiders own 1.42% of the company's stock.

Hedge Funds Weigh In On Amphenol

Several large investors have recently modified their holdings of APH. Global Retirement Partners LLC grew its stake in Amphenol by 110.5% during the 4th quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker's stock valued at $2,526,000 after purchasing an additional 9,812 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Amphenol by 4.6% during the 4th quarter. Deutsche Bank AG now owns 6,495,823 shares of the electronics maker's stock valued at $877,846,000 after purchasing an additional 284,525 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Amphenol by 4.7% during the 4th quarter. Mutual of America Capital Management LLC now owns 212,337 shares of the electronics maker's stock worth $28,695,000 after acquiring an additional 9,529 shares in the last quarter. Bristol Gate Capital Partners Inc. purchased a new position in Amphenol during the fourth quarter worth approximately $82,606,000. Finally, Waterloo Capital L.P. lifted its position in shares of Amphenol by 158.1% during the 4th quarter. Waterloo Capital L.P. now owns 14,359 shares of the electronics maker's stock valued at $1,940,000 after buying an additional 8,796 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Company Profile

Amphenol Corporation NYSE: APH is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

The company serves a broad range of markets, including aerospace and defense, automotive, information technology and data communications, industrial equipment, mobile networks, medical devices, and consumer electronics.

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