Amphenol (NYSE:APH) Stock Price Up 1.3% – Time to Buy?

Amphenol Corporation (NYSE:APH) shot up 1.3% during trading on Friday. The company traded as high as $74.68 and last traded at $74.0050. 12,983,897 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 17,108,768 shares. The stock had previously closed at $73.07.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Bank of America raised their price target 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. Zacks Research downgraded shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. UBS Group reissued a “buy” rating and set a $105.00 target price (up from $99.00) on shares of Amphenol in a report on Wednesday, October 7th. Finally, BNP Paribas Exane boosted their target price on shares of Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.56.

Amphenol Price Performance

The stock has a market capitalization of $182.49 billion, a PE ratio of 37.10, a P/E/G ratio of 1.07 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The stock’s fifty day moving average is $81.76 and its 200-day moving average is $77.52.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm’s revenue for the quarter was up 55.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities analysts predict that Amphenol Corporation will post 2.66 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 22nd. Amphenol’s payout ratio is currently 25.00%.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Norwitt sold 1,000,000 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $80.78, for a total transaction of $80,785,000.00. Following the transaction, the chief executive officer owned 3,855,014 shares in the company, valued at approximately $311,427,305.99. This represents a 20.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Lance D’Amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total value of $8,099,500.00. Following the completion of the sale, the executive vice president directly owned 114,130 shares in the company, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amphenol

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LP lifted its holdings in Amphenol by 3,010.0% during the second quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock valued at $2,898,248,000 after purchasing an additional 15,908,901 shares in the last quarter. State Street Corp increased its stake in shares of Amphenol by 24.2% during the second quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock worth $12,107,146,000 after purchasing an additional 13,884,641 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Amphenol during the second quarter worth about $1,600,531,000. Wellington Management Group LLP raised its position in shares of Amphenol by 10.5% during the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock worth $2,923,371,000 after purchasing an additional 1,578,248 shares during the last quarter. Finally, James Hambro & Partners LLP raised its position in shares of Amphenol by 97.5% during the 3rd quarter. James Hambro & Partners LLP now owns 2,774,794 shares of the electronics maker’s stock worth $234,026,000 after purchasing an additional 1,369,512 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.

The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.