Amphenol (NYSE:APH) Shares Climb 1.2% - Still a Buy?

Key Points

• Amphenol shares rose 1.2% to about $80.30, while trading volume was 45% below the average session volume.
• Analysts maintain a positive outlook, with 15 Buy ratings and one Strong Buy versus two Holds; the average price target is $98.56, implying potential upside.
• The company reported strong quarterly results, including $0.68 in EPS versus a $0.60 estimate and 55% year-over-year revenue growth, while paying a $0.25 quarterly dividend. However, insiders sold more than 2.09 million shares worth about $172.3 million during the last quarter.

Amphenol Corporation (NYSE:APH - Get Free Report) was up 1.2% during trading on Monday. The company traded as high as $82.04 and last traded at $80.3020. Approximately 9,433,856 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 17,214,248 shares. The stock had previously closed at $79.35.

Analyst Upgrades and Downgrades

APH has been the topic of several research reports. Robert W. Baird upped their target price on Amphenol from $88.50 to $95.00 and gave the stock an "outperform" rating in a research report on Monday, July 13th. TD Cowen reduced their price target on Amphenol from $175.00 to $90.00 and set a "hold" rating for the company in a report on Wednesday, September 9th. Truist Financial boosted their price target on Amphenol from $100.00 to $107.50 and gave the company a "buy" rating in a research note on Thursday, July 30th. BNP Paribas Exane boosted their price target on Amphenol from $107.50 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, September 22nd. Finally, Sanford C. Bernstein assumed coverage on Amphenol in a report on Wednesday, September 23rd. They issued an "outperform" rating and a $99.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and an average price target of $98.56.

Amphenol Price Performance

The stock has a market capitalization of $198.02 billion, a P/E ratio of 40.25, a PEG ratio of 1.07 and a beta of 1.23. The stock's fifty day moving average is $82.25 and its 200-day moving average is $77.12. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the prior year, the business posted $0.41 earnings per share. The business's quarterly revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 2.67 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd were paid 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 of this dividend was Tuesday, September 22nd. Amphenol's dividend payout ratio (DPR) is presently 25.00%.

Insider Buying and Selling

In other Amphenol news, EVP Lance D'Amico sold 100,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the completion of the sale, the executive vice president owned 114,130 shares of the company's stock, valued at $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David Silverman sold 240,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,098,608 shares of company stock valued at $172,316,688 in the last quarter. Company insiders own 1.42% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. James Hambro & Partners LLP grew its position in shares of Amphenol by 97.5% during the 3rd quarter. James Hambro & Partners LLP now owns 2,774,794 shares of the electronics maker's stock worth $234,026,000 after buying an additional 1,369,512 shares during the period. New Wave Wealth Advisors LLC raised its stake in shares of Amphenol by 135.6% during the third quarter. New Wave Wealth Advisors LLC now owns 11,860 shares of the electronics maker's stock worth $1,020,000 after buying an additional 6,825 shares during the last quarter. Cornell Pochily Investment Advisors Inc. acquired a new position in Amphenol in the third quarter valued at approximately $223,000. Investment Research & Advisory Group Inc. lifted its holdings in Amphenol by 100.0% in the third quarter. Investment Research & Advisory Group Inc. now owns 694 shares of the electronics maker's stock valued at $59,000 after buying an additional 347 shares during the period. Finally, OceanIQ Capital LLC lifted its holdings in Amphenol by 100.0% in the third quarter. OceanIQ Capital LLC now owns 2,770 shares of the electronics maker's stock valued at $238,000 after buying an additional 1,385 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

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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