Amphenol (NYSE:APH – Get Free Report) was upgraded by Sanford C. Bernstein to a “strong-buy” rating in a report released on Wednesday, Zacks reports.
Several other equities research analysts have also recently issued reports on the stock. UBS Group restated a “buy” rating and set a $98.50 price objective (up from $92.50) on shares of Amphenol in a research report on Thursday, July 30th. Robert W. Baird increased their price target on shares of Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Bank of America lifted their price target on shares of Amphenol from $90.00 to $92.50 and gave the company a “buy” rating in a research report on Thursday, July 9th. Truist Financial increased their price objective on Amphenol from $100.00 to $107.50 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Evercore restated an “outperform” rating on shares of Amphenol in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $96.34.
Check Out Our Latest Stock Analysis on APH
Amphenol Stock Performance
Amphenol (NYSE:APH – Get Free Report) last issued its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the company earned $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, research analysts anticipate that Amphenol will post 2.66 earnings per share for the current year.
Insider Transactions at Amphenol
In related news, EVP David M. Silverman sold 240,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 386,400 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the transaction, the chief financial officer directly owned 181,330 shares in the company, valued at approximately $15,169,161.15. The trade was a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,098,608 shares of company stock valued at $172,316,688 over the last three months. 1.42% of the stock is currently owned by company insiders.
Institutional Trading of Amphenol
Institutional investors and hedge funds have recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after buying an additional 91 shares in the last quarter. HHM Wealth Advisors LLC acquired a new position in Amphenol during the first quarter worth $27,000. Wilkerson Advisory Group LLC raised its position in Amphenol by 57.4% in the first quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker’s stock worth $29,000 after acquiring an additional 85 shares in the last quarter. OFI Invest Asset Management purchased a new position in Amphenol in the second quarter worth $29,000. Finally, Tacita Capital Inc lifted its holdings in Amphenol by 145.6% in the fourth quarter. Tacita Capital Inc now owns 221 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 131 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
About Amphenol
Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.
The company serves a broad range of markets, including aerospace and defense, automotive, information technology and data communications, industrial equipment, mobile networks, medical devices, and consumer electronics.
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