Amphenol (NYSE:APH) Stock Price Down 1.2% – What’s Next?

Amphenol Corporation (NYSE:APH)’s stock price was down 1.2% during trading on Tuesday . The company traded as low as $77.09 and last traded at $77.61. 8,666,123 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 17,945,813 shares. The stock had previously closed at $78.55.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on APH. Citigroup reissued a “buy” rating on shares of Amphenol in a report on Monday. Robert W. Baird boosted their price target on shares of Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Zacks Research upgraded shares of Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. BNP Paribas Exane increased their price objective on shares of Amphenol from $100.00 to $107.50 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Finally, UBS Group reissued a “buy” rating and set a $98.50 target price (up from $92.50) on shares of Amphenol in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Buy” and a consensus target price of $96.00.

Amphenol Stock Up 1.2%

The company has a market cap of $192.82 billion, a price-to-earnings ratio of 39.21, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24. The stock has a 50-day simple moving average of $80.16 and a 200-day simple moving average of $74.30. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, analysts predict that Amphenol Corporation will post 2.66 EPS for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd will be issued a $0.25 dividend. The ex-dividend date is Tuesday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 1.3%. Amphenol’s dividend payout ratio (DPR) is 25.00%.

Insider Transactions at Amphenol

In other Amphenol news, EVP David Silverman sold 240,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the completion of the sale, the executive vice president directly owned 31,344 shares in the company, valued at $2,730,689.28. This represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard Norwitt sold 372,208 shares of Amphenol stock in a transaction on Friday, July 31st. The shares were sold at an average price of $81.14, for a total value of $30,199,096.08. Following the transaction, the chief executive officer owned 1,728,354 shares in the company, valued at approximately $140,230,001.79. This trade represents a 17.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,098,608 shares of company stock worth $172,316,688 in the last three months. 1.42% of the stock is currently owned by company insiders.

Institutional Trading of Amphenol

Large investors have recently added to or reduced their stakes in the business. J. Stern & Co. LLP grew its holdings in shares of Amphenol by 9,435.8% in the 4th quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock worth $10,374,670,000 after acquiring an additional 75,964,718 shares during the last quarter. State Street Corp boosted its holdings in shares of Amphenol by 1.6% in the fourth quarter. State Street Corp now owns 56,913,598 shares of the electronics maker’s stock worth $7,705,440,000 after buying an additional 888,526 shares during the period. JPMorgan Chase & Co. increased its position in shares of Amphenol by 102.7% in the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock worth $4,638,701,000 after acquiring an additional 17,387,536 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Amphenol by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock valued at $4,087,372,000 after acquiring an additional 748,813 shares during the period. Finally, Capital International Investors lifted its position in shares of 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 acquiring an additional 5,674,225 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

About Amphenol

Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

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