Amphenol (NYSE:APH) Stock Falls 2.7% – Time to Sell?

Amphenol Corporation (NYSE:APH)’s share price traded down 2.7% on Friday. The stock traded as low as $79.21 and last traded at $79.3280. 11,810,023 shares changed hands during trading, a decline of 32% from the average session volume of 17,252,217 shares. The stock had previously closed at $81.49.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. BNP Paribas Exane increased their price objective on Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 22nd. Barclays restated an “overweight” rating and set a $100.00 price objective (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Bank of America lifted their target price on Amphenol from $90.00 to $92.50 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Robert W. Baird upped their target price on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $98.56.

Amphenol Stock Down 2.7%

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 stock has a market capitalization of $195.62 billion, a PE ratio of 39.76, a PEG ratio of 1.07 and a beta of 1.23. The business has a 50 day moving average of $82.25 and a two-hundred day moving average of $77.00.

Amphenol (NYSE:APH) last issued its quarterly earnings data 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 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 the consensus estimate of $8.26 billion. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s revenue for the quarter was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Analysts predict that Amphenol Corporation will post 2.67 EPS for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insider Activity

In related news, CEO Richard Norwitt sold 372,208 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $81.14, for a total transaction 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. The trade was a 17.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP David M. Silverman sold 240,000 shares of the 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 directly owned 31,344 shares of the company’s stock, valued at $2,730,689.28. The trade was a 88.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,098,608 shares of company stock valued at $172,316,688 over the last 90 days. 1.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amphenol

Institutional investors have recently bought and sold shares of the company. Pictet Asset Management Holding SA increased 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 in the last quarter. Pacific Excel Wealth Advisors Inc. purchased a new position in shares of Amphenol in the second quarter worth $1,927,000. Evelyn Partners Investment Management Services Ltd lifted its stake in shares of Amphenol by 132.7% during the first quarter. Evelyn Partners Investment Management Services Ltd now owns 45,599 shares of the electronics maker’s stock worth $5,761,000 after buying an additional 26,000 shares during the period. Gabelli Funds LLC lifted its stake in shares of Amphenol by 29.3% during the first quarter. Gabelli Funds LLC now owns 193,939 shares of the electronics maker’s stock worth $24,504,000 after buying an additional 43,945 shares during the period. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of Amphenol during the first quarter worth $5,637,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

About Amphenol

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.