Amphenol Corporation (NYSE:APH – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $129.7692.
A number of equities analysts have recently issued reports on the company. Barclays started coverage on Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price target on the stock. JPMorgan Chase & Co. upped their target price on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Citigroup raised their price target on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, The Goldman Sachs Group set a $154.00 price objective on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd.
Read Our Latest Analysis on Amphenol
Amphenol Trading Up 0.7%
Amphenol (NYSE:APH – Get Free Report) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same period last year, the company posted $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, research analysts expect that Amphenol will post 2.36 EPS for the current year.
Amphenol Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is 33.33%.
Insider Buying and Selling at Amphenol
In other Amphenol news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $4,409,575.04. This trade represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,125,042 shares of company stock valued at $142,789,956. Company insiders own 1.67% of the company’s stock.
Institutional Trading of Amphenol
Several institutional investors have recently bought and sold shares of the business. Motive Wealth Advisors purchased a new stake in Amphenol in the 2nd quarter valued at about $215,000. LeConte Wealth Management LLC acquired a new stake in shares of Amphenol in the second quarter worth approximately $399,000. New York Life Investment Management LLC grew its holdings in Amphenol by 1.6% in the second quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock valued at $16,242,000 after purchasing an additional 2,535 shares during the period. City Center Advisors LLC acquired a new position in Amphenol during the second quarter worth approximately $482,000. Finally, Trust Investment Advisors purchased a new position in Amphenol during the second quarter worth approximately $312,000. 97.01% of the stock is owned by institutional investors and hedge funds.
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.
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