Amphenol Co. (NYSE:APH) Receives $102.11 Consensus Target Price from Analysts

Amphenol Co. (NYSE:APH) has earned an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $104.40.

A number of equities analysts recently issued reports on the stock. Citigroup assumed coverage on shares of Amphenol in a report on Friday, January 5th. They issued a “buy” rating and a $117.00 price objective on the stock. The Goldman Sachs Group raised their price objective on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Evercore ISI raised their price objective on shares of Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday. Truist Financial raised their target price on shares of Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Finally, Robert W. Baird raised their target price on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th.

Amphenol Stock Performance

Shares of APH stock opened at $113.34 on Wednesday. Amphenol has a one year low of $72.00 and a one year high of $119.59. The company’s 50-day moving average is $105.83 and its 200 day moving average is $94.80. The company has a market capitalization of $67.99 billion, a price-to-earnings ratio of 36.44, a price-to-earnings-growth ratio of 3.26 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.48 and a current ratio of 2.17.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The firm had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.78 EPS. Sell-side analysts expect that Amphenol will post 3.28 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, March 18th. Amphenol’s payout ratio is currently 28.30%.

Insider Activity

In related news, insider William J. Doherty sold 170,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Amphenol news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the transaction, the chief financial officer now directly owns 147,045 shares of the company’s stock, valued at $15,391,200.15. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock worth $31,846,050 over the last quarter. Insiders own 2.22% of the company’s stock.

Institutional Trading of Amphenol

Large investors have recently made changes to their positions in the stock. Frazier Financial Advisors LLC purchased a new stake in shares of Amphenol during the fourth quarter valued at $29,000. Peoples Bank KS bought a new stake in shares of Amphenol in the third quarter valued at about $27,000. Venturi Wealth Management LLC raised its holdings in shares of Amphenol by 75.5% in the fourth quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 142 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of Amphenol by 70.8% in the fourth quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 138 shares in the last quarter. Finally, Mendota Financial Group LLC bought a new stake in shares of Amphenol in the fourth quarter valued at about $33,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.