Amphenol (NYSE:APH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Amphenol (NYSE:APHFree Report) from a hold rating to a buy rating in a report released on Saturday.

Several other equities analysts also recently weighed in on APH. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Friday, July 17th. BNP Paribas Exane boosted their target price on Amphenol from $200.00 to $215.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Citigroup upped their price target on Amphenol from $195.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Barclays reiterated an “overweight” rating and set a $200.00 price objective (up from $198.00) on shares of Amphenol in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $191.67.

View Our Latest Research Report on Amphenol

Amphenol Stock Performance

Shares of NYSE:APH opened at $167.98 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. Amphenol has a 1 year low of $104.71 and a 1 year high of $178.52. The firm has a market capitalization of $207.12 billion, a PE ratio of 42.10, a P/E/G ratio of 1.34 and a beta of 1.24. The business’s 50 day moving average price is $158.83 and its 200-day moving average price is $145.87.

Amphenol’s stock is scheduled to split on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly issued shares will be issued to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APHGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the firm posted $0.81 EPS. The firm’s revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, equities research analysts expect that Amphenol will post 5.25 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s payout ratio is presently 25.06%.

Insider Activity

In other news, EVP Lance E. D’amico sold 50,000 shares of Amphenol stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $161.99, for a total transaction of $8,099,500.00. Following the sale, the executive vice president owned 57,065 shares of the company’s stock, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Adam Norwitt sold 186,104 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $162.27, for a total value of $30,199,096.08. Following the completion of the transaction, the chief executive officer owned 864,177 shares of the company’s stock, valued at $140,230,001.79. The trade was a 17.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,049,304 shares of company stock worth $172,316,688. Corporate insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Amphenol

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vaquero Private Wealth Ltd. purchased a new stake in Amphenol in the 2nd quarter valued at about $32,000. Vermillion & White Wealth Management Group LLC boosted its stake in Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after buying an additional 113 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of Amphenol during the fourth quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 91 shares during the last quarter. Finally, Tompkins Financial Corp raised its stake in shares of Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after acquiring an additional 95 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Amphenol (NYSE:APH)

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