Amphenol (NYSE:APH) Reaches New 1-Year High Following Analyst Upgrade

Amphenol Corporation (NYSE:APH) shares hit a new 52-week high during trading on Wednesday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $150.00 price target on the stock, up from their previous price target of $120.00. Amphenol traded as high as $127.96 and last traded at $126.71, with a volume of 437066 shares trading hands. The stock had previously closed at $122.64.

A number of other research analysts have also commented on APH. KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They set a “hold” rating on the stock. Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Evercore ISI raised their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, Truist Financial raised their target price on Amphenol from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $116.57.

Insider Buying and Selling

In related news, VP David M. Silverman sold 100,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 665,924 shares of company stock worth $73,369,357. Company insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Amphenol

Several hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. raised its stake in shares of Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares in the last quarter. CWM LLC raised its stake in shares of Amphenol by 42.1% during the 3rd quarter. CWM LLC now owns 165,896 shares of the electronics maker’s stock worth $20,530,000 after purchasing an additional 49,184 shares in the last quarter. Norden Group LLC raised its stake in shares of Amphenol by 3.4% during the 3rd quarter. Norden Group LLC now owns 9,899 shares of the electronics maker’s stock worth $1,225,000 after purchasing an additional 324 shares in the last quarter. World Investment Advisors raised its stake in shares of Amphenol by 7.2% during the 3rd quarter. World Investment Advisors now owns 29,616 shares of the electronics maker’s stock worth $3,665,000 after purchasing an additional 1,982 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in shares of Amphenol by 6.8% during the 3rd quarter. Brookstone Capital Management now owns 6,759 shares of the electronics maker’s stock worth $836,000 after purchasing an additional 433 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Price Performance

The stock has a 50 day moving average price of $116.71 and a two-hundred day moving average price of $97.26. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The company has a market capitalization of $153.60 billion, a PE ratio of 50.12, a P/E/G ratio of 1.97 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the business earned $0.44 EPS. The business’s quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, September 16th. Amphenol’s payout ratio is 26.29%.

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.