Amphenol (NYSE:APH) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Amphenol (NYSE:APH) from a hold rating to a buy rating in a research note released on Saturday morning.

Several other research analysts have also recently issued reports on APH. Rothschild & Co Redburn raised their target price on Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. UBS Group reaffirmed a “buy” rating and set a $197.00 price target (up from $185.00) on shares of Amphenol in a research report on Thursday, July 30th. Citigroup increased their price objective on shares of Amphenol from $195.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Bank of America raised their price objective on shares of Amphenol from $180.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, The Goldman Sachs Group upped their target price on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Amphenol presently has an average rating of “Buy” and an average target price of $191.67.

Amphenol Stock Down 0.8%

Shares of Amphenol stock opened at $169.17 on Friday. Amphenol has a twelve month low of $104.71 and a twelve month high of $178.52. 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 company’s 50 day moving average is $158.40 and its 200 day moving average is $145.82. The company has a market cap of $208.58 billion, a price-to-earnings ratio of 42.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.24.

Shares of Amphenol are scheduled to split on Thursday, September 3rd. The 2-1 split was announced on Thursday, August 6th. The newly created shares will be payable to shareholders after the market closes on Wednesday, September 2nd.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.16. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.26 billion. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.81 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Research analysts anticipate that Amphenol will post 5.25 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 22nd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s payout ratio is currently 25.06%.

Insider Transactions at Amphenol

In related news, EVP David M. Silverman sold 120,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $174.24, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 15,672 shares in the company, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 193,200 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $167.31, for a total transaction of $32,324,292.00. Following the transaction, the chief financial officer owned 90,665 shares of the company’s stock, valued at $15,169,161.15. This trade represents a 68.06% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,049,304 shares of company stock worth $172,316,688. 1.42% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in APH. Purus Wealth Management LLC raised its position in Amphenol by 3.7% during the second quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock valued at $318,000 after purchasing an additional 65 shares during the period. LOM Asset Management Ltd boosted its holdings in shares of Amphenol by 16.3% in the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after purchasing an additional 70 shares during the period. Sachetta LLC increased its position in shares of Amphenol by 14.9% during the 1st quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock valued at $69,000 after purchasing an additional 71 shares during the last quarter. Seeds Investor LLC raised its holdings in Amphenol by 4.0% during the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock valued at $255,000 after buying an additional 72 shares during the period. Finally, Ferguson Wellman Capital Management Inc. lifted its position 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 worth $250,000 after buying an additional 72 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

About Amphenol

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.