Amphenol Corporation (NYSE:APH) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Amphenol Corporation (NYSE:APH) have earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $98.15.

Several research firms recently issued reports on APH. The Goldman Sachs Group restated a “buy” rating and set a $116.00 price objective (up from $102.00) on shares of Amphenol in a research report on Tuesday. Bank of America boosted their target price on shares of Amphenol from $90.00 to $92.50 and gave the company a “buy” rating in a report on Thursday, July 9th. Truist Financial increased their price target on shares of Amphenol from $100.00 to $107.50 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Friday, July 17th. Finally, 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, September 8th.

Insiders Place Their Bets

In related news, CEO Richard Norwitt sold 1,000,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $80.78, for a total value of $80,785,000.00. Following the sale, the chief executive officer directly owned 3,855,014 shares in the company, valued at approximately $311,427,305.99. The trade was a 20.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lance E. D’amico sold 100,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the completion of the transaction, the executive vice president directly owned 114,130 shares in the company, valued at $9,243,959.35. The trade was a 46.70% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,098,608 shares of company stock worth $172,316,688. Company insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Amphenol

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Amphenol by 24.2% in the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after purchasing an additional 13,884,641 shares during the last quarter. J. Stern & Co. LLP boosted its position 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 worth $10,374,670,000 after buying an additional 75,964,718 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Amphenol by 102.7% in the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after buying an additional 17,387,536 shares in the last quarter. Capital International Investors grew its stake in shares of Amphenol by 31.5% in the fourth quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker’s stock valued at $3,200,276,000 after buying an additional 5,674,225 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Amphenol by 10.5% in the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock valued at $2,923,371,000 after buying an additional 1,578,248 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Performance

Shares of Amphenol stock opened at $87.70 on Thursday. The business’s 50 day moving average price is $82.17 and its 200 day moving average price is $76.07. The company has a market cap of $216.28 billion, a price-to-earnings ratio of 43.96, a PEG ratio of 1.23 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89. Amphenol has a one year low of $59.01 and a one year high of $89.93.

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

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd will be given a $0.25 dividend. The ex-dividend date is Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.1%. Amphenol’s payout ratio is currently 25.00%.

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.