Amphenol (NYSE:APH) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Amphenol shares rose above their 200-day moving average, reaching $162.32 and last trading near $160, although the stock was down 1.9%. The company has a market capitalization of approximately $197.3 billion and trades at a P/E ratio of 40.11.
• Analysts remain broadly bullish, with an average rating of “Buy” and an average price target of $191.67. Recent targets range from $185 to $215, following strong quarterly results that beat expectations and showed 55% year-over-year revenue growth.
• Amphenol declared a quarterly dividend of $0.25 per share, representing a 0.6% yield, while insiders sold more than 1 million shares worth approximately $172.3 million over the last quarter.

Amphenol Corporation (NYSE:APH - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $147.72 and traded as high as $162.32. Amphenol shares last traded at $160.0250, with a volume of 6,641,640 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on APH. Bank of America upped their price target on Amphenol from $180.00 to $185.00 and gave the stock a "buy" rating in a research note on Thursday, July 9th. Wall Street Zen upgraded Amphenol from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Evercore reaffirmed an "outperform" rating on shares of Amphenol in a research report on Wednesday, May 27th. BNP Paribas Exane increased their target price on Amphenol from $200.00 to $215.00 and gave the stock an "outperform" rating in a report on Thursday, July 30th. Finally, Robert W. Baird lifted their price target on shares of Amphenol from $177.00 to $190.00 and gave the company an "outperform" rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $191.67.

Amphenol Stock Down 1.9%

The company has a market cap of $197.31 billion, a price-to-earnings ratio of 40.11, a price-to-earnings-growth ratio of 1.29 and a beta of 1.24. 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 stock's fifty day moving average is $161.11 and its two-hundred day moving average is $147.72.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.16. The business had revenue of $8.76 billion during 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 company's quarterly revenue was up 55.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts predict that Amphenol Corporation will post 5.25 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 22nd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol's dividend payout ratio is 25.06%.

Insider Buying and Selling

In related news, EVP David M. Silverman sold 120,000 shares of the firm's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $174.24, for a total transaction of $20,908,800.00. Following the transaction, the executive vice president directly owned 15,672 shares of the company's stock, valued at $2,730,689.28. This trade represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Lance E. D'amico sold 50,000 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $161.99, for a total transaction of $8,099,500.00. Following the transaction, the executive vice president owned 57,065 shares in the company, valued at approximately $9,243,959.35. This trade represents a 46.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,049,304 shares of company stock valued at $172,316,688. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in Amphenol by 17,582.7% during the second quarter. California State Teachers Retirement System now owns 331,555,831 shares of the electronics maker's stock worth $58,459,924,000 after acquiring an additional 329,680,797 shares during the period. J. Stern & Co. LLP grew its stake in Amphenol by 9,435.8% in the 4th quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker's stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the period. Norges Bank bought a new position in Amphenol in the 4th quarter valued at $3,052,145,000. JPMorgan Chase & Co. raised its stake in shares of Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker's stock worth $4,638,701,000 after purchasing an additional 17,387,536 shares during the period. Finally, Corient Private Wealth LP boosted its holdings in shares of Amphenol by 3,010.0% in the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker's stock worth $2,898,248,000 after buying an additional 15,908,901 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Company Profile

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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