Amphenol (NYSE:APH) Sets New 1-Year High – Here’s Why

Amphenol Corporation (NYSE:APH) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $171.30 and last traded at $172.2950, with a volume of 578498 shares. The stock had previously closed at $166.42.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on APH shares. Robert W. Baird set a $177.00 price objective on Amphenol in a research note on Thursday, April 30th. Barclays restated an “overweight” rating and set a $198.00 target price on shares of Amphenol in a research report on Monday, June 8th. Zacks Research lowered Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Rothschild & Co Redburn upped their price target on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $215.00 price objective on shares of Amphenol in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and an average target price of $178.07.

Amphenol Trading Up 4.2%

The company has a market cap of $213.38 billion, a price-to-earnings ratio of 49.78, a price-to-earnings-growth ratio of 1.43 and a beta of 1.27. The company’s fifty day moving average price is $145.24 and its two-hundred day moving average price is $141.40. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. Amphenol’s quarterly revenue was up 58.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Research analysts expect that Amphenol Corporation will post 4.76 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be given a $0.25 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a yield of 0.6%. Amphenol’s payout ratio is presently 28.74%.

Insider Buying and Selling

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the sale, the chief executive officer owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 130,775 shares of company stock valued at $18,709,350 over the last quarter. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Basecamp Wealth Advisors LLC lifted its position in shares of Amphenol by 7.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 2,635 shares of the electronics maker’s stock worth $333,000 after purchasing an additional 173 shares in the last quarter. Sapient Capital LLC bought a new stake in shares of Amphenol during the first quarter valued at approximately $873,000. Western Wealth Management LLC increased its holdings in shares of Amphenol by 5.0% in the first quarter. Western Wealth Management LLC now owns 7,868 shares of the electronics maker’s stock valued at $994,000 after purchasing an additional 373 shares in the last quarter. Rathbones Group PLC raised its position in Amphenol by 8.6% in the 1st quarter. Rathbones Group PLC now owns 3,083,245 shares of the electronics maker’s stock worth $389,568,000 after purchasing an additional 244,108 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co bought a new position in Amphenol in the 1st quarter worth approximately $3,727,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.