Amphenol (NYSE:APH – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.
APH has been the topic of a number of other reports. Citigroup reaffirmed a “buy” rating on shares of Amphenol in a research report on Monday, September 14th. Barclays reaffirmed an “overweight” rating and issued a $100.00 price target (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $100.00 to $107.50 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Wall Street Zen raised shares of Amphenol from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, BNP Paribas Exane raised their target price on shares of Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, September 22nd. Fifteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $96.34.
Amphenol Stock Performance
Amphenol (NYSE:APH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, analysts predict that Amphenol will post 2.66 earnings per share for the current fiscal year.
Insider Activity at Amphenol
In other news, CFO Craig A. Lampo sold 386,400 shares of Amphenol stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer directly owned 181,330 shares in the company, valued at approximately $15,169,161.15. The trade was a 68.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard Norwitt sold 372,208 shares of the company’s stock in a transaction on 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 sale, 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 disclosure for this sale is available in the SEC filing. Insiders sold 2,098,608 shares of company stock valued at $172,316,688 in the last quarter. Company insiders own 1.42% of the company’s stock.
Hedge Funds Weigh In On Amphenol
A number of institutional investors and hedge funds have recently bought and sold shares of APH. J. Stern & Co. LLP grew its stake in shares of Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after purchasing an additional 75,964,718 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after purchasing an additional 17,387,536 shares in the last quarter. Corient Private Wealth LP boosted its stake in Amphenol by 3,010.0% in 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 purchasing an additional 15,908,901 shares during the period. State Street Corp lifted its position in Amphenol by 24.2% during the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock worth $12,107,146,000 after buying an additional 13,884,641 shares in the last quarter. Finally, Jupiter Topco LLC acquired a new stake in shares of Amphenol in the 2nd quarter valued at approximately $1,600,531,000. Institutional investors and hedge funds own 97.01% of the company’s stock.
About Amphenol
Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.
The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.
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