Amphenol (NYSE:APH) Hits New 52-Week High – Here’s What Happened

Amphenol Corporation (NYSE:APH)’s share price reached a new 52-week high on Tuesday. The stock traded as high as $89.48 and last traded at $88.7630, with a volume of 1311830 shares trading hands. The stock had previously closed at $87.27.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of research reports. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Friday, July 17th. The Goldman Sachs Group reiterated a “buy” rating and set a $116.00 price target (up from $102.00) on shares of Amphenol in a report on Tuesday. Bank of America lifted their price target on Amphenol from $90.00 to $92.50 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $97.76.

Amphenol Stock Up 2.3%

The firm’s 50-day moving average is $81.59 and its two-hundred day moving average is $75.74. The stock has a market cap of $220.17 billion, a P/E ratio of 44.76, a PEG ratio of 1.21 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.41 and a current ratio of 1.89.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%.The company’s revenue was up 55.0% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, equities research analysts anticipate that Amphenol Corporation will post 2.66 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insider Buying and Selling

In other news, EVP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the transaction, the executive vice president directly owned 114,130 shares of the company’s stock, valued at $9,243,959.35. This trade represents a 46.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Richard Norwitt sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $80.78, for a total value of $80,785,000.00. Following the sale, the chief executive officer directly owned 3,855,014 shares in the company, valued at approximately $311,427,305.99. This represents a 20.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,098,608 shares of company stock worth $172,316,688. Corporate insiders own 1.42% of the company’s stock.

Institutional Trading of Amphenol

Several hedge funds and other institutional investors have recently modified their holdings of APH. Vaquero Private Wealth Ltd. acquired a new position in Amphenol during the 2nd quarter worth approximately $32,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Tompkins Financial Corp increased its stake in Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after buying an additional 95 shares during the last quarter. HHM Wealth Advisors LLC bought a new position in Amphenol in the first quarter valued at approximately $27,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Amphenol in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

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