Amphenol (NYSE:APH) Announces FY 2026 Earnings Guidance

Amphenol (NYSE:APH) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.820-2.840 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of $36.9 billion-$37.1 billion, compared to the consensus revenue estimate of $35.7 billion. Amphenol also updated its Q4 2026 guidance to 0.810-0.830 EPS.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on APH. Wall Street Zen upgraded Amphenol from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. UBS Group raised their price target on Amphenol from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Thursday. Robert W. Baird lowered their price target on Amphenol from $190.00 to $105.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 6th. Wolfe Research assumed coverage on Amphenol in a research note on Wednesday, September 30th. They set an “outperform” rating and a $105.00 price objective on the stock. Finally, TD Cowen cut their price objective on Amphenol from $175.00 to $90.00 and set a “hold” rating for the company in a report on Wednesday, September 9th. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $111.79.

Amphenol Stock Down 3.2%

Amphenol stock opened at $79.48 on Friday. The firm has a market capitalization of $196.00 billion, a PE ratio of 32.96, a P/E/G ratio of 0.98 and a beta of 1.23. The company’s 50-day moving average is $81.46 and its 200-day moving average is $75.48. Amphenol has a fifty-two week low of $59.01 and a fifty-two week high of $89.93. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.94 and a quick ratio of 1.41.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.07. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. The company had revenue of $10.23 billion for the quarter, compared to analysts’ expectations of $9.49 billion. During the same period in the prior year, the firm earned $0.93 EPS. Amphenol’s quarterly revenue was up 65.1% compared to the same quarter last year. Sell-side analysts anticipate that Amphenol will post 2.83 earnings per share for the current year.

Amphenol Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Tuesday, December 22nd will be paid a $0.15 dividend. This is a negative change from Amphenol’s previous quarterly dividend of $0.25. This represents a $0.60 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, December 22nd. Amphenol’s dividend payout ratio is currently 21.74%.

Amphenol announced that its board has initiated a stock repurchase plan on Wednesday, October 28th that allows the company to buy back $4 billion in outstanding shares. This repurchase authorization allows the electronics maker to purchase up to 2% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Activity

In related news, EVP Lance E. D’amico sold 100,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the completion of the sale, the executive vice president directly owned 114,130 shares in the company, valued at $9,243,959.35. This represents a 46.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP David M. Silverman sold 240,000 shares of the company’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 of the company’s stock, valued at approximately $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 726,400 shares of company stock valued at $61,332,592 over the last three months. Insiders own 1.42% of the company’s stock.

Key Stories Impacting Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Amphenol raised its fourth-quarter 2026 outlook to EPS of $0.81-$0.83 and revenue of $10.3-$10.5 billion, above consensus estimates of $0.75 and $9.7 billion, respectively.
• Positive Sentiment: The company also increased its full-year 2026 guidance to EPS of $2.82-$2.84 and revenue of $36.9-$37.1 billion, ahead of analyst expectations of $2.69 and $35.7 billion.
• Positive Sentiment: Third-quarter results exceeded expectations, with adjusted EPS of $0.80 versus the $0.73 consensus and revenue of approximately $10.2 billion. Orders rose 99% year over year, and the book-to-bill ratio reached 1.19, indicating strong demand momentum.
• Positive Sentiment: Management highlighted strong artificial-intelligence data-center demand, with IT datacom sales increasing sharply. Analysts at JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $111-$115 and maintained bullish ratings.
• Positive Sentiment: The board approved a new $4 billion share-repurchase program, covering up to 2% of outstanding shares and beginning in 2027. Buybacks can support earnings per share and signal management confidence in the valuation. Amphenol Board of Directors Approves Share Repurchase Program
• Neutral Sentiment: Amphenol agreed to acquire Humanetics Sensors and AdvancedPCB Holdings. The transactions could expand its sensor and circuit-board businesses, although financial terms and the near-term earnings impact were not provided.
• Negative Sentiment: Rothschild & Co Redburn cut its price target from $197 to $107. Although the revised target still implies substantial upside, the magnitude of the reduction may pressure investor sentiment.
• Negative Sentiment: The company’s quarterly dividend was reported at $0.15 per share, below the prior $0.25 payout. The lower distribution may disappoint income-focused investors, despite broader reports describing the post-split payout as an increase.

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.