Barclays initiated coverage on shares of Amphenol (NYSE:APH – Free Report) in a research report released on Wednesday morning, MarketBeat.com reports. The brokerage issued an equal weight rating and a $120.00 target price on the electronics maker’s stock.
Several other equities analysts have also recently weighed in on the company. Evercore ISI raised their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday. Citigroup reissued a “buy” rating and set a $145.00 price target (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Bank of America raised their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Finally, Truist Financial lifted their target price on shares of Amphenol from $102.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.43.
Read Our Latest Stock Analysis on Amphenol
Amphenol Price Performance
Amphenol (NYSE:APH – Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter last year, the firm earned $0.44 EPS. The firm’s revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, research analysts anticipate that Amphenol will post 2.36 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol’s payout ratio is 26.29%.
Insider Transactions at Amphenol
In other Amphenol news, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president owned 12,500 shares in the company, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company’s stock.
Institutional Investors Weigh In On Amphenol
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bell Investment Advisors Inc raised its holdings in Amphenol by 19.2% during the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock valued at $58,000 after acquiring an additional 95 shares during the period. CENTRAL TRUST Co raised its stake in shares of Amphenol by 9.4% during the 2nd quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after purchasing an additional 98 shares during the period. Tranquility Partners LLC raised its stake in shares of Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after purchasing an additional 107 shares during the period. Cox Capital Mgt LLC increased its position in shares of Amphenol by 0.3% during the third quarter. Cox Capital Mgt LLC now owns 32,327 shares of the electronics maker’s stock valued at $4,000,000 after buying an additional 110 shares during the period. Finally, EWA LLC increased its position in shares of Amphenol by 2.3% during the second quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after buying an additional 115 shares during the period. Institutional investors own 97.01% of the company’s stock.
About Amphenol
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.
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