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

Key Points

• BNP Paribas Exane raised Amphenol’s price target to $115 from $110 while maintaining an “outperform” rating, implying 38.82% upside from the previous close.
• Analysts remain broadly positive, with 16 Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $115.97.
• Amphenol exceeded quarterly expectations with $0.80 EPS and $10.23 billion in revenue, while also authorizing a $4 billion share repurchase program covering up to 2% of outstanding shares.

Amphenol (NYSE:APH - Get Free Report) had its price target increased by stock analysts at BNP Paribas Exane from $110.00 to $115.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an "outperform" rating on the electronics maker's stock. BNP Paribas Exane's price objective would indicate a potential upside of 38.82% from the company's previous close.

Other equities analysts have also recently issued reports about the company. Wolfe Research began coverage on Amphenol in a research note on Wednesday, September 30th. They set an "outperform" rating and a $105.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $100.00 to $107.50 and gave the company an "overweight" rating in a report on Thursday, July 16th. Truist Financial boosted their price objective on shares of Amphenol from $107.50 to $112.00 and gave the company a "buy" rating in a research report on Thursday. Barclays restated an "overweight" rating and issued a $100.00 price objective (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. Finally, Robert W. Baird reduced their price target on shares of Amphenol from $190.00 to $105.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 6th. Sixteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $115.97.

Amphenol Price Performance

APH traded up $1.88 during midday trading on Thursday, hitting $82.84. The stock had a trading volume of 8,124,711 shares, compared to its average volume of 17,071,643. 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. The business has a fifty day moving average of $81.31 and a 200 day moving average of $75.38. The company has a market cap of $204.28 billion, a P/E ratio of 41.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.07. The firm had revenue of $10.23 billion during the quarter, compared to analyst estimates of $9.49 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business's quarterly revenue was up 65.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.93 EPS. As a group, equities analysts forecast that Amphenol will post 2.67 earnings per share for the current fiscal year.

Amphenol announced that its Board of Directors has approved a share repurchase program on Wednesday, October 28th that authorizes the company to buy back $4 billion in shares. This repurchase authorization authorizes the electronics maker to reacquire up to 2% of its stock through open market purchases. Share repurchase programs are typically an indication that the company's board believes its shares are undervalued.

Insider Buying and Selling

In other Amphenol news, CEO Richard Norwitt sold 372,208 shares of the business's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $81.14, for a total value of $30,199,096.08. Following the sale, the chief executive officer directly owned 1,728,354 shares of the company's stock, valued at approximately $140,230,001.79. The trade was a 17.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the completion of the sale, the chief financial officer directly 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Hedge funds have recently bought and sold shares of the company. Vaquero Private Wealth Ltd. purchased a new stake in Amphenol during the second quarter valued at about $32,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker's stock valued at $25,000 after acquiring an additional 91 shares during the period. Tompkins Financial Corp raised its holdings in shares of Amphenol by 81.9% during the second quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker's stock valued at $37,000 after acquiring an additional 95 shares during the period. Wilkerson Advisory Group LLC lifted its position in shares of Amphenol by 57.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker's stock valued at $29,000 after acquiring an additional 85 shares in the last quarter. Finally, Valued Wealth Advisors LLC lifted its position in shares of Amphenol by 53.9% in the 1st quarter. Valued Wealth Advisors LLC now owns 234 shares of the electronics maker's stock valued at $30,000 after acquiring an additional 82 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol News Summary

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, above expectations of $9.49 billion. Growth was driven by IT datacom demand, acquisitions and broad-based organic expansion. Amphenol's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI demand supports the outlook: Management highlighted record orders and strong demand tied to artificial intelligence infrastructure, along with contributions from CommScope. These trends helped support a stronger 2026 outlook, offsetting weakness in communications networks. Amphenol Q3 Earnings Call Highlights AI Demand and Growth Outlook
• Positive Sentiment: Analysts raised targets: UBS lifted its price target from $105 to $111 and assigned a Buy rating, while Truist raised its target from $107.50 to $112 and maintained Buy. The revisions indicate continued confidence in Amphenol’s earnings growth and AI exposure. UBS Group recommendations
• Positive Sentiment: Share repurchase announced: Amphenol authorized a $4 billion buyback, allowing the company to repurchase up to 2% of outstanding shares. The program could support per-share earnings and signals management’s confidence in the business. Amphenol Board Approves $4 Billion Stock Repurchase Plan
• Neutral Sentiment: Amphenol agreed to acquire AdvancedPCB and Humanetics Sensors, expanding its connectivity and sensor businesses. The deals may add to long-term growth, but their financial impact and integration requirements remain uncertain. Amphenol to Acquire Humanetics Sensors
• Negative Sentiment: Dividend reduced: The quarterly dividend was set at $0.15 per share, down 40% from $0.25 previously. Although the buyback is supportive, the dividend reduction could concern 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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