Amphenol (NYSE:APH) Rating Lowered to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Amphenol to “Hold” from “Strong Buy,” though the broader analyst consensus remains “Moderate Buy,” with 15 Buy ratings and two Holds and an average price target of $96.34.
• Amphenol reported strong quarterly results, including EPS of $0.68 versus a $0.60 estimate and revenue of $8.76 billion, up 55% year over year; AI and data-center demand continue to support growth.
• Valuation and insider selling are key risks: the stock trades near its 12-month high at roughly 42 times earnings, while insiders sold about $172.3 million of shares over the past three months.

Amphenol (NYSE:APH - Get Free Report) was downgraded by Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Monday, Zacks reports.

A number of other equities analysts also recently commented on the stock. Sanford C. Bernstein began coverage on shares of Amphenol in a research note on Wednesday, September 23rd. They set an "outperform" rating and a $99.00 price objective for the company. JPMorgan Chase & Co. upped their target price on Amphenol from $100.00 to $107.50 and gave the stock an "overweight" rating in a report on Thursday, July 16th. UBS Group restated a "buy" rating and issued a $98.50 price target (up from $92.50) on shares of Amphenol in a research note on Thursday, July 30th. Bank of America boosted their price target on Amphenol from $90.00 to $92.50 and gave the stock a "buy" rating in a research report on Thursday, July 9th. Finally, TD Cowen dropped their price objective on Amphenol from $175.00 to $90.00 and set a "hold" rating on the stock in a research note on Wednesday, September 9th. Fifteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and a consensus target price of $96.34.

Amphenol Price Performance

NYSE APH opened at $84.30 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. Amphenol has a 12-month low of $59.01 and a 12-month high of $89.26. The company has a market capitalization of $207.89 billion, a PE ratio of 42.26, a price-to-earnings-growth ratio of 1.17 and a beta of 1.24. The firm's 50 day moving average is $80.87 and its 200-day moving average is $75.21.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion during the quarter, compared to analysts' expectations of $8.26 billion. During the same quarter in the prior year, the company posted $0.41 earnings per share. The firm's revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities research analysts anticipate that Amphenol will post 2.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amphenol news, EVP David Silverman sold 240,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares in the company, valued at $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lance 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 approximately $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 three months. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Several institutional investors and hedge funds have recently modified their holdings of APH. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker's stock worth $25,000 after buying an additional 91 shares during the period. HHM Wealth Advisors LLC bought a new position in Amphenol in the 1st quarter valued at about $27,000. Wilkerson Advisory Group LLC lifted its position in Amphenol by 57.4% during the first quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker's stock worth $29,000 after acquiring an additional 85 shares during the last quarter. OFI Invest Asset Management bought a new stake in shares of Amphenol during the second quarter worth approximately $29,000. Finally, Tacita Capital Inc boosted its holdings in shares of Amphenol by 145.6% during the fourth quarter. Tacita Capital Inc now owns 221 shares of the electronics maker's stock worth $30,000 after acquiring an additional 131 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

More Amphenol News

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Bernstein initiated coverage with an Outperform rating, adding fresh analyst support for Amphenol’s growth outlook. Bernstein initiates coverage of Amphenol with outperform rating
• Positive Sentiment: Amphenol is benefiting from booming AI data-center demand, record orders and margin expansion. Recent commentary suggests its connectivity growth could remain strong relative to peers such as TE Connectivity and Marvell Technology. APH's AI Connectivity Growth Accelerates
• Positive Sentiment: Coverage highlighting Amphenol as a leading electronic-components company reinforces the investment case. Its latest reported quarter included an EPS beat, revenue above expectations and 55% year-over-year revenue growth, supporting the view that AI and data-center demand are translating into results. Electronic components and manufacturing Q2 earnings
• Neutral Sentiment: Amphenol was featured alongside Nvidia and Bloom Energy among stocks positioned to benefit from an AI-led advance in U.S. equities. The exposure may attract investors, although it also emphasizes the stock’s sensitivity to broader AI-market sentiment. Weight of Evidence Points Higher for US Stocks
• Negative Sentiment: GuruFocus described Amphenol’s fundamentals as high quality, assigning a 98/100 GF Score, but still characterized the shares as overvalued. With the stock trading near its annual high and at roughly 42 times earnings, valuation is the clearest near-term headwind. Amphenol Stock and GF Score

Amphenol Company Profile

Amphenol Corporation NYSE: APH designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

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

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