Amphenol (NYSE:APH) Stock Price Expected to Rise, BNP Paribas Exane Analyst Says

Key Points

• BNP Paribas Exane raised Amphenol’s price target from $107.50 to $110 and maintained an “outperform” rating, implying 34.18% upside from the prior close. Analysts overall rate the stock “Buy,” with a consensus target of $96.17.
• Amphenol shares rose 1.6% to $81.98, while the company reported quarterly EPS of $0.68 versus the $0.60 consensus estimate and revenue of $8.76 billion, up 55% year over year.
• Company insiders have been selling shares: the CFO and CEO sold stock worth approximately $32.3 million and $80.8 million, respectively, while institutional investors own 97.01% of outstanding shares.

Amphenol (NYSE:APH - Get Free Report) had its price target increased by analysts at BNP Paribas Exane from $107.50 to $110.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage currently has an "outperform" rating on the electronics maker's stock. BNP Paribas Exane's target price points to a potential upside of 34.18% from the stock's previous close.

APH has been the topic of a number of other research reports. Barclays restated an "overweight" rating and set a $100.00 price objective (down from $200.00) on shares of Amphenol in a research note on Tuesday, September 8th. Citigroup reaffirmed a "buy" rating on shares of Amphenol in a report on Monday, September 14th. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a research report on Friday, July 17th. Truist Financial boosted their target price on shares of Amphenol from $100.00 to $107.50 and gave the company a "buy" rating in a research report on Thursday, July 30th. Finally, TD Cowen decreased their target price on shares of Amphenol from $175.00 to $90.00 and set a "hold" rating for the company in a research report on Wednesday, September 9th. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $96.17.

Amphenol Stock Up 1.6%

Shares of NYSE APH traded up $1.26 during mid-day trading on Tuesday, reaching $81.98. 5,751,472 shares of the company's stock were exchanged, compared to its average volume of 17,805,617. The firm has a market capitalization of $202.16 billion, a price-to-earnings ratio of 41.16, a PEG ratio of 1.08 and a beta of 1.24. Amphenol has a twelve month low of $59.01 and a twelve month high of $89.26. The business has a fifty day simple moving average of $80.12 and a 200 day simple moving average of $74.52. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10.

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 during the quarter, compared to analysts' expectations of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business's quarterly revenue was up 55.0% on a year-over-year basis. During the same period last year, the business earned $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities analysts expect that Amphenol will post 2.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amphenol news, CFO Craig A. Lampo sold 386,400 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total value of $32,324,292.00. Following the sale, the chief financial officer owned 181,330 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Norwitt sold 1,000,000 shares of the company's stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $80.78, for a total transaction of $80,785,000.00. Following the completion of the transaction, the chief executive officer owned 3,855,014 shares in the company, valued at approximately $311,427,305.99. The trade was a 20.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,098,608 shares of company stock worth $172,316,688 in the last quarter. 1.42% of the stock is currently owned by company insiders.

Institutional Trading of Amphenol

Several large investors have recently modified their holdings of the company. State Street Corp increased its stake in shares of Amphenol by 24.2% in the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker's stock worth $12,107,146,000 after purchasing an additional 13,884,641 shares in the last quarter. Altar Rock LLC purchased a new stake in Amphenol in the 2nd quarter worth $551,000. Security National Bank of SO Dak bought a new position in shares of Amphenol during the 2nd quarter valued at approximately $151,000. Wellington Altus USA Inc. raised its position in shares of Amphenol by 20.0% during the 2nd quarter. Wellington Altus USA Inc. now owns 1,530 shares of the electronics maker's stock valued at $270,000 after buying an additional 255 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its stake in shares of Amphenol by 1,307.8% in the 2nd quarter. Anchor Investment Management LLC now owns 3,773 shares of the electronics maker's stock valued at $664,000 after purchasing an additional 3,505 shares during 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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