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

Amphenol Corporation (NYSE:APH)’s stock price was down 1.2% on Tuesday. The company traded as low as $77.88 and last traded at $79.2940. Approximately 7,056,284 shares traded hands during trading, a decline of 59% from the average daily volume of 17,163,781 shares. The stock had previously closed at $80.28.

Wall Street Analyst Weigh In

APH has been the topic of several research analyst reports. TD Cowen dropped their target price on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research report on Wednesday, September 9th. Wolfe Research began 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. BNP Paribas Exane upped their price target on shares of Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 22nd. Citigroup reaffirmed a “buy” rating and issued a $112.00 price target (up from $105.00) on shares of Amphenol in a research note on Thursday, October 8th. Finally, Sanford C. Bernstein began coverage on Amphenol in a report on Wednesday, September 23rd. They issued an “outperform” rating and a $99.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $98.56.

Amphenol Stock Down 0.1%

The stock has a market capitalization of $195.33 billion, a price-to-earnings ratio of 36.81, a price-to-earnings-growth ratio of 1.06 and a beta of 1.23. 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 business’s 50-day moving average is $81.96 and its two-hundred day moving average is $77.45.

Amphenol (NYSE:APH) last released 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 company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. Amphenol’s quarterly revenue was up 55.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities analysts anticipate that Amphenol Corporation will post 2.68 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. Amphenol’s payout ratio is 25.00%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Amphenol

A number of hedge funds have recently modified their holdings of APH. Purus Wealth Management LLC increased its holdings in shares of Amphenol by 3.7% during the 2nd quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock worth $318,000 after buying an additional 65 shares during the last quarter. Cornerstone Financial Management LLC raised its position in shares of Amphenol by 27.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 304 shares of the electronics maker’s stock valued at $54,000 after buying an additional 65 shares during the period. Sachetta LLC lifted its holdings in Amphenol by 14.9% in the first quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock valued at $69,000 after acquiring an additional 71 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its holdings in Amphenol by 3.8% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock valued at $250,000 after acquiring an additional 72 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC lifted its holdings in Amphenol by 0.5% in the second quarter. Guardian Wealth Advisors LLC NC now owns 14,211 shares of the electronics maker’s stock valued at $2,506,000 after acquiring an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

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.