Amphenol (NYSE:APH) Price Target Raised to $111.00

Amphenol (NYSE:APH) had its price objective lifted by UBS Group from $105.00 to $111.00 in a research report sent to investors on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the electronics maker’s stock.

Several other brokerages have also recently issued reports on APH. Evercore set a $100.00 target price on shares of Amphenol in a report on Wednesday. Barclays reiterated an “overweight” rating and set a $100.00 price target (down from $200.00) on shares of Amphenol in a research note on Tuesday, September 8th. Weiss Ratings cut shares of Amphenol from a “buy (a-)” rating to a “buy (b)” rating in a research report on Friday, October 23rd. Rothschild & Co Redburn raised their price objective on Amphenol from $172.00 to $197.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Citigroup reiterated a “buy” rating and set a $115.00 target price (up from $112.00) on shares of Amphenol in a research report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and a consensus price target of $111.79.

Amphenol Stock Performance

Shares of APH opened at $79.48 on Thursday. The stock has a 50 day moving average price of $81.46 and a 200 day moving average price of $75.48. The company has a quick ratio of 1.41, a current ratio of 1.94 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $196.00 billion, a price-to-earnings ratio of 34.56, a price-to-earnings-growth ratio of 0.95 and a beta of 1.23. Amphenol has a 52-week low of $59.01 and a 52-week high of $89.93.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $0.80 EPS for the quarter, beating the consensus estimate of $0.73 by $0.07. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. The company had revenue of $10.23 billion for the quarter, compared to analyst estimates of $9.49 billion. During the same period in the prior year, the firm posted $0.93 earnings per share. The firm’s revenue was up 65.1% on a year-over-year basis. Research analysts predict that Amphenol will post 2.84 EPS for the current fiscal year.

Amphenol Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Stockholders of record on Tuesday, December 22nd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a drop from Amphenol’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, December 22nd. Amphenol’s payout ratio is 21.74%.

Amphenol declared that its Board of Directors has approved a share repurchase plan on Wednesday, October 28th that allows the company to buy back $4 billion in shares. This repurchase authorization allows the electronics maker to purchase up to 2% of its stock through open market purchases. Share repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Activity at Amphenol

In other Amphenol news, EVP David M. Silverman sold 240,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the transaction, the executive vice president directly owned 31,344 shares of the company’s stock, valued at approximately $2,730,689.28. This trade represents a 88.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction on 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 owned 114,130 shares in the company, valued at approximately $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 726,400 shares of company stock worth $61,332,592 in the last 90 days. 1.42% of the stock is owned by insiders.

Institutional Investors Weigh In On Amphenol

Hedge funds have recently made changes to their positions in the business. Pacific Excel Wealth Advisors Inc. purchased a new stake in shares of Amphenol during the second quarter worth approximately $1,927,000. Evelyn Partners Investment Management Services Ltd lifted its holdings in shares of Amphenol by 132.7% during the first quarter. Evelyn Partners Investment Management Services Ltd now owns 45,599 shares of the electronics maker’s stock worth $5,761,000 after purchasing an additional 26,000 shares during the period. Gabelli Funds LLC grew its position 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 buying an additional 43,945 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in Amphenol in the 1st quarter valued at $5,637,000. Finally, Allen Capital Group LLC increased its stake in Amphenol by 1,118.7% in the 1st quarter. Allen Capital Group LLC now owns 39,681 shares of the electronics maker’s stock valued at $5,014,000 after buying an additional 36,425 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Trending Headlines about Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Amphenol raised its fourth-quarter 2026 outlook to EPS of $0.81-$0.83 and revenue of $10.3-$10.5 billion, above consensus estimates of $0.75 and $9.7 billion, respectively.
• Positive Sentiment: The company also increased its full-year 2026 guidance to EPS of $2.82-$2.84 and revenue of $36.9-$37.1 billion, ahead of analyst expectations of $2.69 and $35.7 billion.
• Positive Sentiment: Third-quarter results exceeded expectations, with adjusted EPS of $0.80 versus the $0.73 consensus and revenue of approximately $10.2 billion. Orders rose 99% year over year, and the book-to-bill ratio reached 1.19, indicating strong demand momentum.
• Positive Sentiment: Management highlighted strong artificial-intelligence data-center demand, with IT datacom sales increasing sharply. Analysts at JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $111-$115 and maintained bullish ratings.
• Positive Sentiment: The board approved a new $4 billion share-repurchase program, covering up to 2% of outstanding shares and beginning in 2027. Buybacks can support earnings per share and signal management confidence in the valuation. Amphenol Board of Directors Approves Share Repurchase Program
• Neutral Sentiment: Amphenol agreed to acquire Humanetics Sensors and AdvancedPCB Holdings. The transactions could expand its sensor and circuit-board businesses, although financial terms and the near-term earnings impact were not provided.
• Negative Sentiment: Rothschild & Co Redburn cut its price target from $197 to $107. Although the revised target still implies substantial upside, the magnitude of the reduction may pressure investor sentiment.
• Negative Sentiment: The company’s quarterly dividend was reported at $0.15 per share, below the prior $0.25 payout. The lower distribution may disappoint income-focused investors, despite broader reports describing the post-split payout as an increase.

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.