Amphenol (NYSE:APH) Announces Quarterly Earnings Results

Amphenol (NYSE:APH) issued its quarterly earnings results on Wednesday. The electronics maker reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16, Briefing.com reports. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company 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 company posted $0.81 EPS. The business’s revenue for the quarter was up 55.0% compared to the same quarter last year. Amphenol updated its Q3 2026 guidance to 1.400-1.420 EPS.

Here are the key takeaways from Amphenol’s conference call:

• Record second-quarter performance: Sales reached $8.8 billion, up 55% year over year and 30% organically, while adjusted EPS rose 67% to a record $1.35. Orders increased 94% year over year, producing a strong 1.23 book-to-bill ratio.
• AI-driven IT datacom demand remains exceptionally strong. The market grew 63% organically, with sequential sales up 22%, and Amphenol expects another mid-teens increase in the third quarter as AI data-center investment and traditional cloud demand expand.
• The company significantly raised its 2026 outlook for the CommScope acquisition, now expecting approximately $4.6 billion in sales and $0.30 of EPS accretion versus prior expectations of $4.1 billion and $0.15. Management cited strong growth, operating leverage, and cost execution.
• Management guided to third-quarter sales of $9.3 billion-$9.4 billion and adjusted EPS of $1.40-$1.42, implying 50%-52% sales growth and 51%-53% EPS growth year over year.
• Communications networks remain a weak spot, with organic sales down 6% year over year and third-quarter sales expected to decline in the mid-teens sequentially. The company also expects automotive sales to be flat sequentially despite stronger-than-expected second-quarter demand.

Amphenol Trading Up 3.3%

APH stock traded up $5.00 during midday trading on Thursday, reaching $155.31. 1,777,186 shares of the company’s stock traded hands, compared to its average volume of 9,609,131. The company has a market capitalization of $191.06 billion, a P/E ratio of 44.67, a PEG ratio of 1.23 and a beta of 1.24. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. Amphenol has a fifty-two week low of $102.76 and a fifty-two week high of $178.52. The business has a 50-day moving average price of $154.34 and a two-hundred day moving average price of $144.89.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd were issued a $0.25 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is presently 28.74%.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 17,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. This trade represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 over the last ninety days. 1.42% of the stock is owned by corporate insiders.

Institutional Trading of Amphenol

Large investors have recently added to or reduced their stakes in the stock. Riggs Asset Managment Co. Inc. lifted its stake in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in shares of Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock valued at $25,000 after buying an additional 113 shares in the last quarter. Galaxy Group Investments LLC purchased a new stake in shares of Amphenol during the 4th quarter valued at about $31,000. Imprint Wealth LLC acquired a new position in Amphenol during the 3rd quarter worth approximately $40,000. Finally, Sunbelt Securities Inc. lifted its position in Amphenol by 54.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 334 shares of the electronics maker’s stock worth $41,000 after acquiring an additional 118 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on APH. Truist Financial upped their target price on Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen cut Amphenol from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Evercore reaffirmed an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. TD Cowen reiterated a “hold” rating and set a $175.00 price objective (up from $135.00) on shares of Amphenol in a report on Monday, July 13th. Finally, Robert W. Baird boosted their target price on shares of Amphenol from $177.00 to $190.00 and gave the company an “outperform” rating in a report on Monday, July 13th. One 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. According to data from MarketBeat.com, Amphenol has an average rating of “Buy” and an average price target of $187.87.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Q2 results beat expectations: Amphenol reported adjusted EPS of $1.35, up from $0.81 a year earlier and ahead of the $1.19 consensus estimate. Revenue increased 55% year over year to $8.76 billion, exceeding expectations of $8.26 billion. Amphenol Q2 earnings report
• Positive Sentiment: Upbeat Q3 outlook: Management forecast third-quarter EPS of $1.40–$1.42, well above the $1.26 analyst consensus, and revenue of $9.3–$9.4 billion versus estimates of $8.6 billion. The outlook suggests continued momentum and record order activity. Amphenol Q2 earnings and guidance
• Positive Sentiment: AI and datacom demand are key catalysts: The earnings call highlighted strong demand tied to AI infrastructure and IT datacom, alongside broad organic growth and contributions from acquisitions. These trends are particularly important because Amphenol supplies connectors and related components used in high-performance computing systems. Amphenol earnings call highlights
• Neutral Sentiment: Technical indicators offered additional support, with a reported hammer chart pattern and upward analyst earnings revisions suggesting potential near-term stabilization. However, these signals are less significant than the company’s fundamental results. Amphenol technical analysis
• Negative Sentiment: Broader market risk could limit gains. A sharp oil-price increase linked to renewed U.S.-Iran tensions pressured the Nasdaq and broader equities, creating a less favorable environment for high-valuation growth stocks such as APH, which trades at an elevated earnings multiple. Market selloff and oil-price news

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.