Amphenol (NYSE:APH) Price Target Raised to $185.00

Amphenol (NYSE:APH) had its target price lifted by stock analysts at Bank of America from $180.00 to $185.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the electronics maker’s stock. Bank of America‘s target price points to a potential upside of 16.80% from the stock’s previous close.

Several other equities research analysts have also commented on the company. Barclays reissued an “overweight” rating and set a $198.00 target price on shares of Amphenol in a report on Monday, June 8th. Seaport Research Partners reissued a “buy” rating and issued a $215.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. Jefferies Financial Group raised their price objective on Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Citigroup reaffirmed a “buy” rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Finally, Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Fourteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.40.

Amphenol Stock Performance

NYSE:APH opened at $158.39 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. The stock has a market capitalization of $194.85 billion, a PE ratio of 45.51, a P/E/G ratio of 1.39 and a beta of 1.24. Amphenol has a fifty-two week low of $95.19 and a fifty-two week high of $178.52. The company has a fifty day moving average of $147.42 and a two-hundred day moving average of $143.08.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter in the previous year, the company earned $0.63 earnings per share. The company’s quarterly revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, research analysts forecast that Amphenol will post 4.76 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 17,500 shares of Amphenol stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00. Following the transaction, the chief executive officer owned 1,927,507 shares in the company, valued at $276,038,277.47. The trade was a 0.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amphenol

Hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Advisors Inc. OK increased its holdings in shares of Amphenol by 3.4% during the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock worth $279,000 after buying an additional 68 shares during the last quarter. Canvas Wealth Advisors LLC lifted its holdings in Amphenol by 3.5% in the fourth quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock valued at $279,000 after acquiring an additional 70 shares during the last quarter. LOM Asset Management Ltd grew its position in Amphenol by 16.3% in the fourth quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 70 shares during the period. Sachetta LLC increased its stake in Amphenol by 14.9% during the first quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock worth $69,000 after acquiring an additional 71 shares during the last quarter. Finally, Seeds Investor LLC raised its position in Amphenol by 4.0% in the fourth quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock valued at $255,000 after purchasing an additional 72 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

About Amphenol

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.