Amphenol (NYSE:APH) Stock Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• Amphenol shares rose above their 200-day moving average, trading as high as $159.68 versus the $146.86 average. Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $191.67.
• The company reported strong quarterly results, including $1.35 in EPS versus the $1.19 estimate and revenue of $8.76 billion, up 55% year over year. Amphenol guided for third-quarter EPS of $1.40–$1.42.
• Amphenol announced a 2-for-1 stock split effective September 3 and a quarterly dividend of $0.25 per share. However, insiders sold more than 1 million shares worth approximately $172.3 million over the past three months.

Amphenol Corporation (NYSE:APH - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $146.86 and traded as high as $159.68. Amphenol shares last traded at $159.0760, with a volume of 5,414,807 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. TD Cowen reissued a "hold" rating and set a $175.00 price target (up from $135.00) on shares of Amphenol in a report on Monday, July 13th. Wall Street Zen upgraded shares of Amphenol from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Robert W. Baird increased their target price on shares of Amphenol from $177.00 to $190.00 and gave the stock an "outperform" rating in a research note on Monday, July 13th. UBS Group reaffirmed a "buy" rating and issued a $197.00 price target (up from $185.00) on shares of Amphenol in a report on Thursday, July 30th. Finally, Bank of America raised their price objective on Amphenol from $180.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $191.67.

Amphenol Trading Up 2.3%

The company's 50-day moving average price is $161.41 and its 200-day moving average price is $146.86. The firm has a market cap of $196.14 billion, a price-to-earnings ratio of 39.87, a price-to-earnings-growth ratio of 1.23 and a beta of 1.24. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10.

Amphenol shares are set to split on the morning of Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly created shares will be payable to shareholders after the closing bell on Wednesday, September 2nd.

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 for the quarter, topping the consensus estimate of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter in the prior year, the firm earned $0.81 EPS. The company's revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts expect that Amphenol Corporation will post 5.25 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 22nd. Amphenol's dividend payout ratio (DPR) is 25.06%.

Insider Transactions at Amphenol

In other news, EVP Lance E. D'amico sold 50,000 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $161.99, for a total transaction of $8,099,500.00. Following the completion of the sale, the executive vice president owned 57,065 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 193,200 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer directly owned 90,665 shares of the company's stock, valued at approximately $15,169,161.15. This represents a 68.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,049,304 shares of company stock valued at $172,316,688. Insiders own 1.42% of the company's stock.

Institutional Trading of Amphenol

Several large investors have recently added to or reduced their stakes in APH. California State Teachers Retirement System raised its position in shares of Amphenol by 17,582.7% during the 2nd quarter. California State Teachers Retirement System now owns 331,555,831 shares of the electronics maker's stock valued at $58,459,924,000 after buying an additional 329,680,797 shares during the period. J. Stern & Co. LLP grew its position in Amphenol by 9,435.8% in the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker's stock worth $10,374,670,000 after acquiring an additional 75,964,718 shares during the period. State Street Corp increased its stake in Amphenol by 1.6% during the fourth quarter. State Street Corp now owns 56,913,598 shares of the electronics maker's stock worth $7,705,440,000 after acquiring an additional 888,526 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Amphenol by 102.7% during the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker's stock worth $4,638,701,000 after acquiring an additional 17,387,536 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Amphenol by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker's stock valued at $4,087,372,000 after purchasing an additional 748,813 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

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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