Amphenol (NYSE:APH) Stock Price Up 1.2% – Still a Buy?

Shares of Amphenol Corporation (NYSE:APH) were up 1.2% on Monday. The company traded as high as $82.04 and last traded at $80.3020. Approximately 9,433,856 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 17,214,248 shares. The stock had previously closed at $79.35.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. TD Cowen reduced their price target on Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research report on Wednesday, September 9th. BNP Paribas Exane raised their target price on Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, September 22nd. Wolfe Research began coverage on Amphenol in a research report on Wednesday, September 30th. They set an “outperform” rating and a $105.00 target price for the company. Barclays reaffirmed an “overweight” rating and issued a $100.00 price target (down from $200.00) on shares of Amphenol in a research note on Tuesday, September 8th. Finally, Truist Financial upped their price target on Amphenol from $100.00 to $107.50 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, fifteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus price target of $98.56.

Amphenol Stock Up 1.2%

The company has a market cap of $198.02 billion, a price-to-earnings ratio of 40.25, a price-to-earnings-growth ratio of 1.07 and a beta of 1.23. 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 firm’s fifty day moving average price is $82.25 and its 200-day moving average price is $77.12.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping the consensus estimate of $0.60 by $0.08. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The firm’s revenue was up 55.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts predict that Amphenol Corporation will post 2.67 earnings per share for the current year.

Amphenol Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the completion of the sale, the chief financial officer directly owned 181,330 shares of the company’s stock, valued at approximately $15,169,161.15. This represents a 68.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Norwitt sold 1,000,000 shares of the firm’s 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 sale, the chief executive officer owned 3,855,014 shares in the company, valued at $311,427,305.99. This trade represents a 20.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have 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

Several large investors have recently made changes to their positions in the stock. Pictet Asset Management Holding SA boosted its position in shares of Amphenol by 16.6% during the first quarter. Pictet Asset Management Holding SA now owns 629,096 shares of the electronics maker’s stock worth $79,468,000 after buying an additional 89,454 shares during the period. Pacific Excel Wealth Advisors Inc. acquired a new stake in Amphenol in the 2nd quarter valued at approximately $1,927,000. Evelyn Partners Investment Management Services Ltd raised its position in Amphenol by 132.7% in the 1st quarter. Evelyn Partners Investment Management Services Ltd now owns 45,599 shares of the electronics maker’s stock valued at $5,761,000 after buying an additional 26,000 shares during the last quarter. Gabelli Funds LLC lifted its stake in Amphenol by 29.3% in the 1st quarter. Gabelli Funds LLC now owns 193,939 shares of the electronics maker’s stock valued at $24,504,000 after acquiring an additional 43,945 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in Amphenol in the 1st quarter valued at approximately $5,637,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

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.