Amphenol (NYSE:APH) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Amphenol Corporation (NYSE:APHGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $146.86 and traded as high as $159.68. Amphenol shares last traded at $159.0760, with a volume of 5,414,807 shares.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of research reports. Wall Street Zen upgraded Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Rothschild & Co Redburn lifted their target price on shares of Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Robert W. Baird raised their price objective on shares of Amphenol from $177.00 to $190.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Truist Financial lifted their price objective on shares of Amphenol from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $191.67.

View Our Latest Research Report on APH

Amphenol Stock Performance

The stock has a market capitalization of $199.32 billion, a P/E ratio of 40.52, a PEG ratio of 1.26 and a beta of 1.24. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average price of $161.42 and a two-hundred day moving average price of $147.10.

Amphenol’s stock is scheduled to split before the market opens on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly issued shares will be issued to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APHGet Free Report) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same quarter in the prior year, the firm posted $0.81 EPS. Amphenol’s revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts expect that Amphenol Corporation will post 5.25 earnings per share for the current year.

Amphenol Announces Dividend

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 0.6%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is 25.06%.

Insiders Place Their Bets

In other Amphenol news, EVP David M. Silverman sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $174.24, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 15,672 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 Adam Norwitt sold 186,104 shares of Amphenol stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $162.27, for a total value of $30,199,096.08. Following the sale, the chief executive officer owned 864,177 shares of the company’s stock, valued at approximately $140,230,001.79. This trade represents a 17.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,049,304 shares of company stock worth $172,316,688 over the last three months. Corporate insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Amphenol

Institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System lifted its stake in Amphenol by 17,582.7% in the second quarter. California State Teachers Retirement System now owns 331,555,831 shares of the electronics maker’s stock worth $58,459,924,000 after purchasing an additional 329,680,797 shares during the last quarter. J. Stern & Co. LLP grew its stake in shares of Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after buying an additional 75,964,718 shares during the last quarter. Norges Bank purchased a new position in shares of Amphenol in the fourth quarter worth about $3,052,145,000. JPMorgan Chase & Co. lifted its stake in shares of Amphenol by 102.7% in the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after acquiring an additional 17,387,536 shares during the last quarter. Finally, Corient Private Wealth LP lifted its stake in shares of Amphenol by 3,010.0% in the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock valued at $2,898,248,000 after acquiring an additional 15,908,901 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

About Amphenol

(Get Free Report)

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.

See Also

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.