UBS Group Issues Positive Forecast for Amphenol (NYSE:APH) Stock Price

Key Points

• UBS raised Amphenol’s price target to $111 from $105 and maintained a “Buy” rating, implying 33.48% upside from the prior close. Analysts overall give the stock a “Moderate Buy” consensus, with an average target of $115.71.
• Amphenol’s latest quarter beat expectations, with EPS of $0.80 versus $0.73 expected and revenue of $10.23 billion, up 65.1% year over year. Strong demand from IT datacom and artificial-intelligence applications supported the results.
• The company authorized a $4 billion share-repurchase program covering up to 2% of shares outstanding, although insiders sold more than 2.09 million shares worth $172.3 million during the latest quarter.

Amphenol (NYSE:APH - Get Free Report) had its target price raised by equities research analysts at UBS Group from $105.00 to $111.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a "buy" rating on the electronics maker's stock. UBS Group's target price indicates a potential upside of 33.48% from the company's previous close.

A number of other brokerages also recently commented on APH. Citigroup reissued a "buy" rating on shares of Amphenol in a research note on Thursday. TD Cowen lowered their price target 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. BNP Paribas Exane raised their price objective on shares of Amphenol from $107.50 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, September 22nd. Royal Bank Of Canada set a $100.00 target price on shares of Amphenol in a report on Monday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $100.00 to $107.50 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $115.71.

Amphenol Stock Performance

Shares of Amphenol stock traded up $2.20 on Thursday, reaching $83.16. 6,660,368 shares of the stock were exchanged, compared to its average volume of 17,064,723. The firm has a market capitalization of $205.07 billion, a PE ratio of 41.66, a PEG ratio of 1.00 and a beta of 1.23. The business has a fifty day moving average price of $81.31 and a two-hundred day moving average price of $75.38. Amphenol has a 1-year low of $59.01 and a 1-year high of $89.93. 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 released its quarterly earnings data on Wednesday, October 28th. The electronics maker reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.07. The firm had revenue of $10.23 billion for the quarter, compared to the consensus estimate of $9.49 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm's revenue was up 65.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 earnings per share. As a group, research analysts anticipate that Amphenol will post 2.67 earnings per share for the current fiscal year.

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

Insider Buying and Selling at Amphenol

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in APH. Vaquero Private Wealth Ltd. acquired a new position in Amphenol in the 2nd quarter valued at about $32,000. Clal Insurance Enterprises Holdings Ltd lifted its position 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 worth $25,000 after purchasing an additional 91 shares in the last quarter. Tompkins Financial Corp grew its stake in shares of Amphenol by 81.9% in the second quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker's stock worth $37,000 after acquiring an additional 95 shares in the last quarter. Wilkerson Advisory Group LLC raised its holdings in Amphenol by 57.4% in the first 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 grew its stake in shares of Amphenol by 53.9% during the first quarter. Valued Wealth Advisors LLC now owns 234 shares of the electronics maker's stock worth $30,000 after purchasing an additional 82 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Q3 results exceeded expectations: Amphenol reported adjusted EPS of $0.80 versus the $0.73 consensus estimate, while revenue rose 65.1% year over year to $10.23 billion, surpassing the $9.49 billion forecast. Growth was supported by strong IT datacom and artificial-intelligence-related demand, acquisitions and broad organic expansion. Amphenol's Q3 Earnings Beat Estimates
• Positive Sentiment: Outlook reportedly topped consensus: Management provided fourth-quarter and full-year 2026 guidance that was viewed as better than Wall Street expectations, reinforcing the company’s margin-driven growth outlook. Amphenol Provides Earnings Guidance
• Positive Sentiment: Large buyback authorization: Amphenol approved a $4 billion share-repurchase program, allowing it to buy back up to 2% of outstanding shares. The authorization may support per-share results and signals management confidence in the business and valuation. Amphenol Board Approves Stock Repurchase Plan
• Positive Sentiment: Analyst raises target: Truist Financial lifted its price target from $107.50 to $112 and reiterated a “Buy” rating, implying substantial upside from the current trading level. Truist Adjusts Amphenol Price Target
• Neutral Sentiment: Expansion through acquisitions: Amphenol agreed to acquire AdvancedPCB Holdings and Humanetics Sensors. The deals could broaden its electronics and sensor offerings, although financial terms, regulatory approvals and integration execution remain important variables. Industrial Growth Partners Announces Sale of AdvancedPCB
• Negative Sentiment: Dividend reduction: The quarterly dividend was set at $0.15 per share, down 40% from $0.25 previously. The annualized payout is $0.60, or roughly a 0.7% yield, which may disappoint income-focused investors. Amphenol Approves Quarterly Dividend

About Amphenol

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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