Amphenol (NYSE:APH) Sets New 1-Year High – Still a Buy?

Amphenol Corporation (NYSE:APH) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $143.25 and last traded at $141.7230, with a volume of 655522 shares changing hands. The stock had previously closed at $139.09.

Analyst Ratings Changes

A number of brokerages have commented on APH. Citigroup upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, Truist Financial lifted their price target on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Trading Up 2.3%

The company has a market capitalization of $174.16 billion, a P/E ratio of 47.40, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The business has a fifty day moving average price of $125.12 and a 200 day moving average price of $106.35. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is currently 33.33%.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. This represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The SEC filing for this sale provides additional information. Insiders sold a total of 1,125,042 shares of company stock valued at $142,789,956 over the last three months. Insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Amphenol

Several large investors have recently added to or reduced their stakes in the business. Hughes Financial Services LLC bought a new position in shares of Amphenol during the first quarter valued at about $25,000. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the second quarter valued at approximately $25,000. Financial Management Professionals Inc. raised its position in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 90 shares during the period. Riggs Asset Managment Co. Inc. increased its holdings in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 168 shares during the last quarter. Finally, Howard Hughes Medical Institute bought a new stake in shares of Amphenol in the 2nd quarter worth about $26,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.