Brokerages Set Amphenol Corporation (NYSE:APH) Price Target at $131.54

Amphenol Corporation (NYSE:APH) has earned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $131.5385.

Several equities analysts have recently commented on APH shares. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. UBS Group set a $152.00 price target on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Evercore ISI increased their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Barclays lifted their price objective on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Finally, Citigroup upped their target price on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd.

Insider Transactions at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president directly owned 76,400 shares in the company, valued at $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total value of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amphenol

A number of hedge funds and other institutional investors have recently bought and sold shares of APH. Financial Management Professionals Inc. increased its holdings in Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares in the last quarter. Alpine Bank Wealth Management acquired a new stake in shares of Amphenol during the 3rd quarter valued at about $30,000. Riggs Asset Managment Co. Inc. increased its stake in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in Amphenol in the 2nd quarter worth about $25,000. Finally, Howard Hughes Medical Institute purchased a new position in Amphenol during the second quarter worth approximately $26,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of APH stock opened at $139.45 on Friday. The company has a market capitalization of $170.70 billion, a P/E ratio of 46.48, a PEG ratio of 1.10 and a beta of 1.19. Amphenol has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a 50 day moving average price of $133.04 and a two-hundred day moving average price of $114.26.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Analysts expect that Amphenol will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently disclosed 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 a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is currently 22.00%.

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.