Wolfe Research Initiates Coverage on Amphenol (NYSE:APH)

Equities research analysts at Wolfe Research started coverage on shares of Amphenol (NYSE:APH) in a research note issued on Wednesday, Briefing.com reports. The brokerage set an “outperform” rating and a $105.00 price target on the electronics maker’s stock. Wolfe Research’s price target points to a potential upside of 24.55% from the company’s previous close.

Several other analysts have also issued reports on APH. Bank of America increased their price objective on Amphenol from $90.00 to $92.50 and gave the stock a “buy” rating in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Friday, July 17th. Citigroup reaffirmed a “buy” rating on shares of Amphenol in a research note on Monday, September 14th. Zacks Research cut Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Robert W. Baird increased their price objective on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.85.

Amphenol Stock Performance

APH stock opened at $84.30 on Wednesday. The firm has a 50 day simple moving average of $80.87 and a 200 day simple moving average of $75.21. Amphenol has a 52 week low of $59.01 and a 52 week high of $89.26. The stock has a market cap of $207.89 billion, a P/E ratio of 42.26, a P/E/G ratio of 1.17 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.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, topping 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%. The company’s revenue was up 55.0% compared to the same quarter last year. 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. Research analysts anticipate that Amphenol will post 2.66 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction dated 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 directly owned 114,130 shares in the company, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 386,400 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the transaction, the chief financial officer directly owned 181,330 shares of the company’s stock, valued at $15,169,161.15. This represents a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,098,608 shares of company stock worth $172,316,688 in the last 90 days. Insiders own 1.42% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of APH. J. Stern & Co. LLP boosted its position in shares of Amphenol by 9,435.8% in the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after acquiring an additional 75,964,718 shares during the period. State Street Corp raised its stake in Amphenol by 24.2% during 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 purchasing an additional 13,884,641 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Amphenol by 102.7% during the 4th quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after purchasing an additional 17,387,536 shares during the last quarter. Capital International Investors boosted its holdings in Amphenol by 31.5% in the 4th quarter. Capital International Investors now owns 23,680,749 shares of the electronics maker’s stock valued at $3,200,276,000 after purchasing an additional 5,674,225 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in Amphenol by 10.5% in the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock valued at $2,923,371,000 after purchasing an additional 1,578,248 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.