Amphenol (NYSE:APH) Shares Up 5.5% – Time to Buy?
by Jessica Moore · The Cerbat GemAmphenol Corporation (NYSE:APH – Get Free Report) shares shot up 5.5% during mid-day trading on Tuesday . The stock traded as high as $143.75 and last traded at $139.37. 16,537,692 shares traded hands during trading, an increase of 63% from the average session volume of 10,149,178 shares. The stock had previously closed at $132.06.
Analysts Set New Price Targets
Several research firms have issued reports on APH. UBS Group reaffirmed a “buy” rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. Seaport Research Partners reiterated a “buy” rating and issued a $215.00 target price on shares of Amphenol in a research report on Thursday, April 30th. Robert W. Baird set a $177.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. Piper Sandler set a $165.00 price objective on shares of Amphenol in a research report on Tuesday, March 17th. Finally, Zacks Research cut shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $176.53.
View Our Latest Stock Report on APH
Amphenol Trading Up 5.5%
The business’s 50-day simple moving average is $134.50 and its two-hundred day simple moving average is $138.58. The firm has a market capitalization of $171.46 billion, a price-to-earnings ratio of 40.05, a PEG ratio of 1.16 and a beta of 1.29. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.
Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping the consensus estimate of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. During the same period in the prior year, the business posted $0.63 EPS. The business’s revenue for the quarter was up 58.4% compared to the same quarter last year. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current year.
Amphenol Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, June 23rd. Amphenol’s dividend payout ratio is currently 28.74%.
Insider Activity at Amphenol
In other news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 130,775 shares of company stock valued at $18,709,350. Corporate insiders own 1.42% of the company’s stock.
Hedge Funds Weigh In On Amphenol
Several large investors have recently made changes to their positions in the stock. J. Stern & Co. LLP grew its holdings in shares of Amphenol by 9,435.8% in 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 in the last quarter. Norges Bank acquired a new position in shares of Amphenol in the fourth quarter valued at approximately $3,052,145,000. JPMorgan Chase & Co. grew its holdings in shares of Amphenol by 102.7% in the fourth 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. Capital International Investors grew its holdings in shares of Amphenol by 446.9% in the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock valued at $2,228,288,000 after purchasing an additional 14,714,177 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings in shares of Amphenol by 106.9% in the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after purchasing an additional 8,021,284 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.
Amphenol Company Profile
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.