Amphenol (NYSE:APH) Shares Up 1.7% – Should You Buy?

Amphenol Corporation (NYSE:APH)’s share price shot up 1.7% on Monday. The company traded as high as $76.30 and last traded at $75.35. 11,629,019 shares changed hands during trading, a decline of 32% from the average session volume of 17,098,195 shares. The stock had previously closed at $74.09.

Analyst Ratings Changes

Several research firms have commented on APH. TD Cowen cut their price objective on Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research report on Wednesday, September 9th. Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Robert W. Baird upped their target price on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Truist Financial raised their target price on Amphenol from $100.00 to $107.50 and gave the company a “buy” rating in a report on Thursday, July 30th. Seventeen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $98.64.

Amphenol Stock Performance

The firm has a market capitalization of $185.81 billion, a price-to-earnings ratio of 37.77, a price-to-earnings-growth ratio of 1.00 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. The stock’s fifty day moving average is $81.57 and its two-hundred day moving average is $77.59.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm’s revenue was up 55.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Analysts forecast 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. Investors of record on Tuesday, September 22nd were paid a $0.25 dividend. The ex-dividend date was Tuesday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 1.3%. Amphenol’s payout ratio is 25.00%.

Insiders Place Their Bets

In other Amphenol news, EVP Lance D’Amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the completion of the sale, the executive vice president owned 114,130 shares in the company, valued at $9,243,959.35. This trade represents a 46.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard Norwitt sold 1,000,000 shares of Amphenol stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $80.78, for a total value 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 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 three months, insiders sold 2,098,608 shares of company stock worth $172,316,688. Company insiders own 1.42% of the company’s stock.

Institutional Trading of Amphenol

A number of hedge funds and other institutional investors have recently made changes to their positions in APH. Corient Private Wealth LP boosted its position in Amphenol by 3,010.0% during the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock worth $2,898,248,000 after acquiring an additional 15,908,901 shares during the period. State Street Corp raised its position in shares of Amphenol by 24.2% during the second quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock worth $12,107,146,000 after purchasing an additional 13,884,641 shares during the period. Jupiter Topco LLC purchased a new stake in shares of Amphenol in the 2nd quarter valued at approximately $1,600,531,000. Wellington Management Group LLP boosted its position in Amphenol by 10.5% during the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock worth $2,923,371,000 after acquiring an additional 1,578,248 shares during the period. Finally, James Hambro & Partners LLP lifted its position in Amphenol by 97.5% in the 3rd quarter. James Hambro & Partners LLP now owns 2,774,794 shares of the electronics maker’s stock worth $234,026,000 after buying an additional 1,369,512 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

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.