Amphenol (NYSE:APH) Given New $90.00 Price Target at TD Cowen

Amphenol (NYSE:APH) had its target price decreased by investment analysts at TD Cowen from $175.00 to $90.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “hold” rating on the electronics maker’s stock. TD Cowen’s price target would indicate a potential upside of 9.99% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Citigroup lifted their price objective on Amphenol from $97.50 to $105.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen raised shares of Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Barclays reiterated an “overweight” rating and issued a $100.00 price objective (down from $200.00) on shares of Amphenol in a report on Tuesday. UBS Group reiterated a “buy” rating and set a $98.50 price target (up from $92.50) on shares of Amphenol in a research note on Thursday, July 30th. Finally, Zacks Research raised Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. One 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 stock. According to MarketBeat, Amphenol presently has a consensus rating of “Buy” and a consensus target price of $96.00.

Amphenol Trading Up 0.1%

Shares of NYSE APH traded up $0.07 during midday trading on Wednesday, reaching $81.83. 1,321,006 shares of the stock were exchanged, compared to its average volume of 18,052,639. The stock has a market capitalization of $201.78 billion, a P/E ratio of 40.98, a PEG ratio of 1.31 and a beta of 1.24. Amphenol has a twelve month low of $58.32 and a twelve month high of $89.26. 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 company has a 50 day simple moving average of $80.42 and a 200 day simple moving average of $74.10.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The company 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 company’s revenue for the quarter was up 55.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities analysts expect that Amphenol will post 2.63 earnings per share for the current year.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Norwitt sold 372,208 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $81.14, for a total transaction of $30,199,096.08. Following the transaction, the chief executive officer directly owned 1,728,354 shares in the company, valued at approximately $140,230,001.79. This represents a 17.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 386,400 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the sale, the chief financial officer directly owned 181,330 shares in the company, valued at $15,169,161.15. This trade represents a 68.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,098,608 shares of company stock valued at $172,316,688 in the last three months. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vaquero Private Wealth Ltd. acquired a new stake in Amphenol in the second quarter valued at $32,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of Amphenol by 163.8% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after buying an additional 113 shares in the last quarter. Tucker Asset Management LLC acquired a new stake in Amphenol in the 4th quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd grew its stake in Amphenol by 85.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 91 shares during the last quarter. Finally, Tompkins Financial Corp increased its holdings in Amphenol by 81.9% during the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after acquiring an additional 95 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

About Amphenol

Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

The company serves a broad range of markets, including aerospace and defense, automotive, information technology and data communications, industrial equipment, mobile networks, medical devices, and consumer electronics.