BNP Paribas Exane Forecasts Strong Price Appreciation for Amphenol (NYSE:APH) Stock

Key Points

• BNP Paribas Exane raised its price target on Amphenol to $195, signaling an implied upside of about 38.25% from the current share price.
• Amphenol reported a strong quarter, beating estimates with $1.06 EPS vs. $0.95 expected and revenue of $7.62B vs. $7.08B expected, and set Q2 guidance of 1.140–1.160 EPS with analysts projecting ~4.49 EPS for the year.
• CEO Richard Adam Norwitt sold 515,281 shares for about $75.9M, reducing his ownership by roughly 21.09%, a notable insider disposition.

Amphenol (NYSE:APH - Get Free Report) had its price objective upped by equities research analysts at BNP Paribas Exane from $185.00 to $195.00 in a note issued to investors on Friday,MarketScreener reports. BNP Paribas Exane's price objective indicates a potential upside of 38.25% from the company's current price.

APH has been the subject of several other research reports. Piper Sandler set a $165.00 price objective on shares of Amphenol in a research note on Tuesday, March 17th. US Capital Advisors set a $165.00 price objective on shares of Amphenol in a report on Friday, January 9th. The Goldman Sachs Group reiterated a "buy" rating and issued a $183.00 target price on shares of Amphenol in a research note on Thursday, January 15th. UBS Group reiterated a "buy" rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday. Finally, Evercore restated an "outperform" rating on shares of Amphenol in a research report on Tuesday, March 17th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $172.53.

Amphenol Trading Down 0.9%

Shares of Amphenol stock traded down $1.25 during trading on Friday, hitting $141.05. The company's stock had a trading volume of 7,190,937 shares, compared to its average volume of 9,604,938. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The stock has a market cap of $173.41 billion, a price-to-earnings ratio of 40.53, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29. The stock has a 50-day moving average price of $138.09 and a two-hundred day moving average price of $139.12. Amphenol has a 52 week low of $79.10 and a 52 week high of $167.04.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business had revenue of $7.62 billion for the quarter, compared to analysts' expectations of $7.08 billion. During the same quarter in the prior year, the firm posted $0.63 earnings per share. The business's quarterly revenue was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts anticipate that Amphenol will post 4.49 EPS for the current fiscal year.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.42% of the stock is owned by insiders.

Hedge Funds Weigh In On Amphenol

Hedge funds have recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC increased its stake in Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker's stock worth $25,000 after buying an additional 113 shares during the period. Riggs Asset Managment Co. Inc. boosted its stake in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after purchasing an additional 168 shares in the last quarter. Tucker Asset Management LLC acquired a new stake in Amphenol in the 4th quarter worth approximately $26,000. Board of the Pension Protection Fund acquired a new stake in Amphenol during the 4th quarter valued at approximately $27,000. Finally, HHM Wealth Advisors LLC acquired a new stake in Amphenol during the 1st quarter valued at approximately $27,000. 97.01% of the stock is currently owned by institutional investors.

About Amphenol

Amphenol Corporation NYSE: APH is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.

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