Amphenol (NYSE:APH) Shares Climb 1.3% – Time to Buy?

Shares of Amphenol Corporation (NYSE:APH) traded up 1.3% during mid-day trading on Friday. The stock traded as high as $74.68 and last traded at $74.0050. 12,983,897 shares were traded during trading, a decline of 24% from the average daily volume of 17,108,768 shares. The stock had previously closed at $73.07.

Analyst Ratings Changes

A number of brokerages have recently commented on APH. Citigroup reiterated a “buy” rating and set a $112.00 price target (up from $105.00) on shares of Amphenol in a report on Thursday, October 8th. JPMorgan Chase & Co. increased their price objective on Amphenol from $100.00 to $107.50 and gave the company an “overweight” rating in a report on Thursday, July 16th. Wolfe Research initiated 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. The Goldman Sachs Group reaffirmed a “buy” rating and set a $116.00 target price (up from $102.00) on shares of Amphenol in a report on Tuesday, October 6th. Finally, Weiss Ratings lowered Amphenol from a “buy (a-)” rating to a “buy (b)” rating in a research report on Friday. Seventeen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $98.56.

Amphenol Trading Up 1.3%

The stock has a market cap of $182.49 billion, a P/E ratio of 37.10, 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 firm’s fifty day simple moving average is $81.57 and its 200-day simple moving average is $77.49.

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

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Norwitt sold 372,208 shares of Amphenol stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $81.14, for a total value of $30,199,096.08. Following the completion of the transaction, the chief executive officer owned 1,728,354 shares in the company, valued at $140,230,001.79. This trade represents a 17.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David Silverman sold 240,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 31,344 shares in the company, valued at $2,730,689.28. The trade was a 88.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,098,608 shares of company stock valued at $172,316,688 in the last three months. 1.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Apollon Wealth Management LLC raised its stake in Amphenol by 91.1% in the third quarter. Apollon Wealth Management LLC now owns 145,397 shares of the electronics maker’s stock valued at $12,257,000 after purchasing an additional 69,303 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in Amphenol by 209.7% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 22,377 shares of the electronics maker’s stock worth $1,886,000 after buying an additional 15,152 shares in the last quarter. Tower View Wealth Management LLC grew its stake in Amphenol by 104.0% in the 3rd quarter. Tower View Wealth Management LLC now owns 39,272 shares of the electronics maker’s stock worth $3,311,000 after buying an additional 20,021 shares in the last quarter. Live Oak Investment Partners increased its holdings in shares of Amphenol by 4.7% in the 3rd quarter. Live Oak Investment Partners now owns 9,372 shares of the electronics maker’s stock worth $790,000 after buying an additional 422 shares during the last quarter. Finally, Hilton Head Capital Partners LLC increased its holdings in shares of Amphenol by 82.9% in the 3rd quarter. Hilton Head Capital Partners LLC now owns 8,376 shares of the electronics maker’s stock worth $706,000 after buying an additional 3,796 shares during the last quarter. 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.