Amphenol (NYSE:APH) Stock Price Up 1.2% – Here’s What Happened

Amphenol Corporation (NYSE:APH – Get Free Report) shares shot up 1.2% on Monday. The stock traded as high as $82.04 and last traded at $80.3020. 9,433,856 shares changed hands during trading, a decline of 45% from the average daily volume of 17,214,248 shares. The stock had previously closed at $79.35.

Analyst Upgrades and Downgrades

APH has been the subject of a number of analyst reports. Wolfe Research initiated coverage on shares of Amphenol in a research note on Wednesday, September 30th. They set an “outperform” rating and a $105.00 target price for the company. 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. Citigroup reaffirmed a “buy” rating and set a $112.00 price target (up from $105.00) on shares of Amphenol in a research report on Thursday, October 8th. Weiss Ratings upgraded Amphenol from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. Finally, Sanford C. Bernstein initiated coverage on Amphenol in a research report on Wednesday, September 23rd. They issued an “outperform” rating and a $99.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus target price of $98.56.

Get Our Latest Stock Report on Amphenol

Amphenol Trading Down 1.2%

The business has a 50 day moving average of $82.08 and a two-hundred day moving average of $77.35. The firm has a market capitalization of $195.54 billion, a price-to-earnings ratio of 39.75, a P/E/G ratio of 1.08 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89.

Amphenol (NYSE:APH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The company’s revenue for the quarter was up 55.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts predict that Amphenol Corporation will post 2.67 EPS for the current year.

Amphenol Dividend Announcement

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

Insider Buying and Selling at Amphenol

In other Amphenol news, EVP David M. Silverman sold 240,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $87.12, for a total value of $20,908,800.00. Following the transaction, the executive vice president directly owned 31,344 shares of the company’s stock, valued at approximately $2,730,689.28. This trade represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the transaction, the executive vice president owned 114,130 shares of the company’s stock, valued at $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amphenol

Institutional investors and hedge funds have recently made changes to their positions in the business. Vaquero Private Wealth Ltd. purchased a new position in shares of Amphenol during the second quarter worth about $32,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Amphenol by 85.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 91 shares during the last quarter. Tompkins Financial Corp lifted its holdings in shares of Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock worth $37,000 after acquiring an additional 95 shares during the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Amphenol in the 1st quarter valued at $27,000. Finally, Wilkerson Advisory Group LLC boosted its stake in shares of Amphenol by 57.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 85 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.