Amphenol (NYSE:APH) Issues Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Amphenol (NYSE:APH) announced its earnings results on Wednesday. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11, Briefing.com reports. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The firm had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same quarter in the prior year, the business earned $0.63 earnings per share. The company’s revenue was up 58.4% on a year-over-year basis. Amphenol updated its Q2 2026 guidance to 1.140-1.160 EPS.

Here are the key takeaways from Amphenol’s conference call:

• The company reported record sales of $7.6 billion and a record adjusted diluted EPS of $1.06 (up 68% YoY), driven by strong organic growth (+33%) and contributions from the CommScope acquisition and AI/IT data‑center demand.
• Orders were a record $9.435 billion (book‑to‑bill 1.24), with every end market showing a positive book‑to‑bill, indicating broad‑based demand strength across IT data comm, defense, commercial air and industrial.
• Adjusted operating margin expanded to 27.3% (up 380 bps YoY) despite $249 million of acquisition‑related costs, and management guided Q2 sales of $8.1–$8.2 billion with adjusted EPS of $1.14–$1.16.
• The company recorded a $130 million China tax accrual plus a $160 million prior‑period tax provision, raising the adjusted effective tax rate to 27% for 2026 and adding near‑term tax uncertainty.
• Cash generation and balance sheet metrics remain strong — operating cash flow of $1.1 billion, free cash flow of $831 million, net leverage of 1.6x and total liquidity of $7.6 billion.

Amphenol Stock Performance

NYSE:APH opened at $142.41 on Monday. Amphenol has a 12-month low of $78.76 and a 12-month high of $167.04. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $175.08 billion, a PE ratio of 40.92, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29. The firm has a 50-day moving average price of $138.09 and a 200 day moving average price of $139.12.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol’s payout ratio is currently 28.74%.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of Amphenol stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.42% of the company’s stock.

Institutional Trading of Amphenol

Several institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its stake in Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares during the last quarter. NewEdge Advisors LLC grew its stake in Amphenol by 55.4% during the second quarter. NewEdge Advisors LLC now owns 62,946 shares of the electronics maker’s stock worth $6,216,000 after buying an additional 22,434 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Amphenol by 15.5% during the second quarter. Main Street Financial Solutions LLC now owns 4,745 shares of the electronics maker’s stock worth $469,000 after buying an additional 638 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on APH shares. Jefferies Financial Group initiated coverage on shares of Amphenol in a report on Tuesday, March 31st. They set a “buy” rating and a $145.00 price target for the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 price objective on shares of Amphenol in a research note on Thursday, January 15th. Zacks Research downgraded Amphenol from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. UBS Group reaffirmed a “buy” rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a report on Thursday. Finally, Fox Advisors reaffirmed an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. Twelve analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $169.08.

Amphenol Company Profile

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.