Amphenol (NYSE:APH) Research Coverage Started at Wolfe Research

Wolfe Research started coverage on shares of Amphenol (NYSE:APH) in a report published on Wednesday, MarketBeat reports. The firm issued an outperform rating and a $105.00 price target on the electronics maker’s stock.

Several other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Zacks Research downgraded shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Bank of America increased their target price on shares of Amphenol from $90.00 to $92.50 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Truist Financial boosted their price target on shares of Amphenol from $100.00 to $107.50 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, BNP Paribas Exane upped their price target on shares of Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, September 22nd. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $96.85.

Amphenol Price Performance

Amphenol stock opened at $86.95 on Wednesday. Amphenol has a 12 month low of $59.01 and a 12 month high of $89.26. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The business’s 50 day simple moving average is $81.33 and its 200 day simple moving average is $75.55. The company has a market cap of $214.41 billion, a price-to-earnings ratio of 43.58, a PEG ratio of 1.19 and a beta of 1.23.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same period last year, the business posted $0.41 earnings per share. The business’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. Sell-side analysts forecast that Amphenol will post 2.66 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is 25.00%.

Insiders Place Their Bets

In other Amphenol news, EVP David M. Silverman sold 240,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares of the company’s stock, valued at $2,730,689.28. This trade represents a 88.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Richard Norwitt sold 372,208 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $81.14, for a total value of $30,199,096.08. Following the transaction, the chief executive officer directly owned 1,728,354 shares of the company’s stock, valued at $140,230,001.79. The trade was a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,098,608 shares of company stock worth $172,316,688 over the last three months. Corporate insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Amphenol

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Polaris Financial Partners bought a new position in shares of Amphenol in the third quarter worth approximately $401,000. CX Institutional raised its position in shares of Amphenol by 1,114.6% during the 3rd quarter. CX Institutional now owns 158,307 shares of the electronics maker’s stock valued at $13,490,000 after purchasing an additional 145,273 shares during the period. Planning Strategies Inc. lifted its stake in shares of Amphenol by 214.8% during the 3rd quarter. Planning Strategies Inc. now owns 617 shares of the electronics maker’s stock valued at $52,000 after buying an additional 421 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Amphenol by 254.1% in the 3rd quarter. Versant Capital Management Inc now owns 17,292 shares of the electronics maker’s stock worth $1,616,000 after buying an additional 12,409 shares during the period. Finally, Doliver Advisors LP purchased a new stake in Amphenol in the 3rd quarter worth $1,291,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

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