Research analysts at Wolfe Research initiated coverage on shares of Amphenol (NYSE:APH – Get Free Report) in a research note issued to investors on Wednesday, Briefing.com reports. The brokerage set an “outperform” rating and a $105.00 price target on the electronics maker’s stock. Wolfe Research’s price objective indicates a potential upside of 24.55% from the company’s previous close.
A number of other equities analysts also recently commented on the company. BNP Paribas Exane raised their price objective on Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, September 22nd. TD Cowen dropped their target price on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating for the company in a research report on Wednesday, September 9th. Citigroup restated a “buy” rating on shares of Amphenol in a report on Monday, September 14th. Barclays reaffirmed an “overweight” rating and set a $100.00 price target (down from $200.00) on shares of Amphenol in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.85.
Check Out Our Latest Report on Amphenol
Amphenol Price Performance
Amphenol (NYSE:APH – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. 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 business earned $0.41 EPS. Amphenol’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. Sell-side analysts predict that Amphenol will post 2.66 earnings per share for the current year.
Insider Activity
In related news, EVP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $81.00, for a total value of $8,099,500.00. Following the transaction, the executive vice president owned 114,130 shares in the company, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Richard Norwitt sold 372,208 shares of Amphenol stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $81.14, for a total value of $30,199,096.08. Following the sale, the chief executive officer owned 1,728,354 shares in the company, valued at $140,230,001.79. This represents a 17.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,098,608 shares of company stock valued at $172,316,688 in the last 90 days. 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 the stock. Deutsche Bank AG lifted its position in shares of Amphenol by 4.6% in the 4th quarter. Deutsche Bank AG now owns 6,495,823 shares of the electronics maker’s stock valued at $877,846,000 after acquiring an additional 284,525 shares in the last quarter. Man Group plc raised its stake in Amphenol by 53.6% during the 4th quarter. Man Group plc now owns 1,879,486 shares of the electronics maker’s stock valued at $253,994,000 after purchasing an additional 655,590 shares during the period. Pictet Asset Management Holding SA raised its stake in Amphenol by 16.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 629,096 shares of the electronics maker’s stock valued at $79,468,000 after purchasing an additional 89,454 shares during the period. Pacific Excel Wealth Advisors Inc. purchased a new stake in shares of Amphenol in the second quarter valued at $1,927,000. Finally, SIR Capital Management L.P. boosted its position in shares of Amphenol by 63.3% in the fourth quarter. SIR Capital Management L.P. now owns 30,700 shares of the electronics maker’s stock worth $4,149,000 after buying an additional 11,900 shares during the period. Institutional investors own 97.01% of the company’s stock.
Amphenol Company Profile
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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