Amphenol (NYSE:APH) Shares Climb 1.7% - What's Next?

Key Points

• Amphenol shares rose 1.7% to $75.35 in Monday trading, though volume was about 32% below the average session level.
• Analysts maintain a generally positive outlook, with 17 Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $98.64.
• The company exceeded quarterly earnings and revenue estimates, while reporting 55% year-over-year revenue growth; it also pays a $1.00 annualized dividend yielding 1.3%. However, insiders sold more than 2.1 million shares worth approximately $172.3 million over the past 90 days.

Amphenol Corporation (NYSE:APH - Get Free Report) was up 1.7% on Monday. The company traded as high as $76.30 and last traded at $75.35. Approximately 11,629,019 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 17,098,195 shares. The stock had previously closed at $74.09.

Wall Street Analyst Weigh In

APH has been the topic of a number of analyst reports. TD Cowen decreased their price objective on Amphenol from $175.00 to $90.00 and set a "hold" rating on the stock in a research note on Wednesday, September 9th. Bank of America boosted their target price on shares of Amphenol from $90.00 to $92.50 and gave the company a "buy" rating in a research note on Thursday, July 9th. Barclays restated an "overweight" rating and issued a $100.00 target price (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. Weiss Ratings downgraded shares of Amphenol from a "buy (a-)" rating to a "buy (b)" rating in a report on Friday. Finally, Erste Group Bank began coverage on shares of Amphenol in a research report on Wednesday, October 21st. They issued a "buy" rating for the company. Seventeen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol has a consensus rating of "Moderate Buy" and an average price target of $98.64.

Amphenol Stock Performance

The firm has a market cap of $185.81 billion, a PE ratio of 37.77, a P/E/G ratio of 1.00 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The stock has a 50-day moving average price of $81.57 and a 200 day moving average price of $77.59.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results 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 firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The firm'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 business posted $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Research analysts forecast that Amphenol Corporation will post 2.67 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, September 22nd. Amphenol's payout ratio is presently 25.00%.

Insider Activity at Amphenol

In related news, EVP David Silverman sold 240,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the completion of the transaction, the executive vice president owned 31,344 shares of the company's stock, valued at approximately $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lance D'Amico sold 100,000 shares of the 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 transaction, the executive vice president directly owned 114,130 shares in the company, valued at approximately $9,243,959.35. This represents a 46.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,098,608 shares of company stock valued at $172,316,688 in the last ninety days. 1.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in APH. Vaquero Private Wealth Ltd. acquired a new position in shares of Amphenol in the 2nd quarter valued at about $32,000. Clal Insurance Enterprises Holdings Ltd lifted its position in 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 buying an additional 91 shares in the last quarter. Tompkins Financial Corp lifted its position in 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 buying an additional 95 shares in the last quarter. Wilkerson Advisory Group LLC grew its stake in Amphenol by 57.4% during the first quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker's stock worth $29,000 after buying an additional 85 shares during the period. Finally, Valued Wealth Advisors LLC increased its position in shares of Amphenol by 53.9% in the first quarter. Valued Wealth Advisors LLC now owns 234 shares of the electronics maker's stock worth $30,000 after acquiring an additional 82 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

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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