Amphenol Corporation (NYSE:APH) Receives Average Rating of "Buy" from Analysts

Key Points

• Analysts maintain a bullish view: Amphenol has an average “Buy” rating from 16 analysts, with an average 12-month price target of $95.83.
• The company exceeded quarterly expectations, reporting $0.68 in EPS versus the $0.60 consensus and $8.76 billion in revenue, up 55% year over year.
• Insiders sold approximately $172.3 million of shares over the past 90 days, while Amphenol declared a quarterly dividend of $0.25, equivalent to a 1.2% yield.

Amphenol Corporation (NYSE:APH - Get Free Report) has been assigned an average rating of "Buy" from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $95.8333.

A number of research analysts recently weighed in on the company. Truist Financial boosted their target price on Amphenol from $100.00 to $107.50 and gave the stock a "buy" rating in a report on Thursday, July 30th. Barclays reaffirmed an "overweight" rating and set a $100.00 price objective (up from $99.00) on shares of Amphenol in a research report on Monday, July 13th. Robert W. Baird increased their price objective on shares of Amphenol from $88.50 to $95.00 and gave the company an "outperform" rating in a research report on Monday, July 13th. Citigroup lifted their target price on shares of Amphenol from $97.50 to $105.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $100.00 to $107.50 and gave the company an "overweight" rating in a research note on Thursday, July 16th.

Insider Buying and Selling

In other news, EVP David M. Silverman sold 240,000 shares of Amphenol stock in a transaction 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 transaction, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. This trade represents a 88.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 386,400 shares of Amphenol 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 completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,098,608 shares of company stock valued at $172,316,688 over the last 90 days. 1.42% of the stock is currently owned by insiders.

Institutional Trading of Amphenol

A number of hedge funds have recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd raised 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 acquiring an additional 91 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker's stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its position in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock valued at $25,000 after purchasing an additional 168 shares during the period. Tucker Asset Management LLC bought a new position in Amphenol during the 4th quarter worth approximately $26,000. Finally, HHM Wealth Advisors LLC bought a new position in Amphenol during the 1st quarter worth approximately $27,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Price Performance

Shares of APH opened at $82.71 on Friday. The stock has a 50 day simple moving average of $80.56 and a 200 day simple moving average of $73.98. Amphenol has a 52-week low of $54.34 and a 52-week high of $89.26. 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 firm has a market capitalization of $203.96 billion, a PE ratio of 41.46, a P/E/G ratio of 1.31 and a beta of 1.24.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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 return on equity of 39.87% and a net margin of 17.73%.Amphenol's revenue for the quarter was up 55.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts predict that Amphenol will post 2.63 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 22nd. Amphenol's payout ratio is presently 25.00%.

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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