Wall Street Zen Upgrades Amphenol (NYSE:APH) to “Buy”

Amphenol (NYSE:APH) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other research analysts have also recently issued reports on APH. Bank of America lifted their price objective on shares of Amphenol from $180.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Rothschild & Co Redburn raised their price target on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group boosted their price objective on Amphenol from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Truist Financial increased their price objective on Amphenol from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $191.67.

Amphenol Price Performance

Shares of NYSE:APH opened at $169.17 on Friday. Amphenol has a twelve month low of $104.71 and a twelve month high of $178.52. The stock’s 50 day moving average is $158.40 and its 200-day moving average is $145.76. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $208.58 billion, a price-to-earnings ratio of 42.40, a PEG ratio of 1.34 and a beta of 1.24.

Amphenol shares are set to split on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter in the previous year, the business posted $0.81 EPS. Amphenol’s quarterly revenue 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 forecast that Amphenol will post 5.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Craig A. Lampo sold 193,200 shares of Amphenol stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer directly owned 90,665 shares in the company, valued at $15,169,161.15. The trade was a 68.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard Adam Norwitt sold 186,104 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $162.27, for a total transaction of $30,199,096.08. Following the transaction, the chief executive officer directly owned 864,177 shares of the company’s stock, 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. Over the last ninety days, insiders sold 1,049,304 shares of company stock valued at $172,316,688. 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 APH. Plato Investment Management Ltd purchased a new stake in Amphenol during the 2nd quarter worth about $8,700,000. USA Financial Formulas increased its position in shares of Amphenol by 3.7% during the first quarter. USA Financial Formulas now owns 5,101 shares of the electronics maker’s stock valued at $645,000 after buying an additional 182 shares during the period. Diversified Trust Co. lifted its holdings in shares of Amphenol by 29.1% in the second quarter. Diversified Trust Co. now owns 19,082 shares of the electronics maker’s stock worth $3,365,000 after buying an additional 4,305 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Amphenol by 1.4% in the second quarter. Cary Street Partners Financial LLC now owns 79,894 shares of the electronics maker’s stock valued at $14,087,000 after acquiring an additional 1,098 shares during the period. Finally, GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in Amphenol by 1.0% during the second quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 11,643 shares of the electronics maker’s stock valued at $2,053,000 after acquiring an additional 115 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

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.