Amphenol (NYSE:APH) Stock Rating Upgraded by Sanford C. Bernstein

Amphenol (NYSE:APH) was upgraded by equities research analysts at Sanford C. Bernstein to a “strong-buy” rating in a research note issued to investors on Wednesday, Zacks reports.

Several other research firms have also recently weighed in on APH. Citigroup reiterated a “buy” rating on shares of Amphenol in a report on Monday, September 14th. Bank of America boosted their price objective 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 target price on Amphenol from $100.00 to $107.50 and gave the stock a “buy” rating in a report on Thursday, July 30th. UBS Group reaffirmed 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. Finally, Barclays reiterated an “overweight” rating and set a $100.00 price objective (down from $200.00) on shares of Amphenol in a report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $96.34.

Amphenol Trading Up 1.2%

APH opened at $83.18 on Wednesday. Amphenol has a twelve month low of $59.01 and a twelve month high of $89.26. The firm has a market cap of $205.13 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.24. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89. The firm’s fifty day moving average is $80.40 and its two-hundred day moving average is $74.86.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.08. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same period in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Equities research analysts anticipate that Amphenol will post 2.66 EPS for the current year.

Insider Buying and Selling

In other news, EVP David Silverman sold 240,000 shares of the stock in a transaction that occurred 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 completion of 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Richard Norwitt sold 372,208 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $81.14, for a total transaction of $30,199,096.08. Following the transaction, the chief executive officer owned 1,728,354 shares in the company, valued at approximately $140,230,001.79. The trade was a 17.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,098,608 shares of company stock worth $172,316,688. Insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Amphenol

Institutional investors have recently bought and sold shares of the business. QRG Capital Management Inc. lifted its position in shares of Amphenol by 28.4% in the second quarter. QRG Capital Management Inc. now owns 451,146 shares of the electronics maker’s stock valued at $75,779,000 after buying an additional 99,883 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Amphenol by 78.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 265,689 shares of the electronics maker’s stock worth $42,730,000 after acquiring an additional 116,996 shares during the last quarter. State Street Corp raised its stake in Amphenol by 24.2% in the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after acquiring an additional 13,884,641 shares during the period. Altar Rock LLC acquired a new stake in Amphenol during the 2nd quarter valued at $551,000. Finally, Security National Bank of SO Dak acquired a new stake in Amphenol during the 2nd quarter valued at $151,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Company Profile

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.