Amphenol (NYSE:APH) Issues FY 2026 Earnings Guidance

Amphenol (NYSE:APH) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.820-2.840 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of $36.9 billion-$37.1 billion, compared to the consensus revenue estimate of $35.7 billion. Amphenol also updated its Q4 2026 guidance to 0.810-0.830 EPS.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on APH. TD Cowen reduced their price objective on Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research note on Wednesday, September 9th. Wolfe Research started coverage on shares of Amphenol in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $105.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $107.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group increased their price objective on shares of Amphenol from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Erste Group Bank initiated coverage on shares of Amphenol in a research report on Wednesday, October 21st. They issued a “buy” rating on the stock. Sixteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.79.

Amphenol Trading Down 4.8%

Shares of NYSE APH traded down $3.90 during midday trading on Friday, reaching $78.18. The stock had a trading volume of 1,284,588 shares, compared to its average volume of 17,028,799. The firm has a market cap of $192.78 billion, a price-to-earnings ratio of 34.06, a price-to-earnings-growth ratio of 1.03 and a beta of 1.23. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.41 and a current ratio of 1.94. Amphenol has a twelve month low of $59.01 and a twelve month high of $89.93. The company’s 50 day moving average price is $81.40 and its 200 day moving average price is $75.44.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.07. The firm had revenue of $10.23 billion during the quarter, compared to the consensus estimate of $9.49 billion. Amphenol had a return on equity of 42.53% and a net margin of 17.95%. The business’s revenue was up 65.1% compared to the same quarter last year. During the same period last year, the business posted $0.93 EPS. As a group, sell-side analysts expect that Amphenol will post 2.83 EPS for the current year.

Amphenol Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Tuesday, December 22nd will be issued a $0.15 dividend. The ex-dividend date is Tuesday, December 22nd. This is a decrease from Amphenol’s previous quarterly dividend of $0.25. This represents a $0.60 dividend on an annualized basis and a yield of 0.8%. Amphenol’s dividend payout ratio is presently 21.74%.

Amphenol declared that its Board of Directors has initiated a stock buyback plan on Wednesday, October 28th that allows the company to buy back $4 billion in shares. This repurchase authorization allows the electronics maker to reacquire up to 2% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other news, CFO Craig Lampo sold 386,400 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the completion of the sale, the chief financial officer owned 181,330 shares of the company’s stock, valued at $15,169,161.15. This trade represents a 68.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Lance D’Amico sold 100,000 shares of the stock in a transaction on Monday, August 3rd. The stock was 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 in the company, valued at approximately $9,243,959.35. This represents a 46.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 726,400 shares of company stock worth $61,332,592. Corporate insiders own 1.42% of the company’s stock.

Key Stories Impacting Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Raised fourth-quarter and full-year guidance: Amphenol expects fourth-quarter EPS of $0.81–$0.83, above the $0.75 consensus, and revenue of $10.3–$10.5 billion versus expectations of $9.7 billion. Full-year EPS guidance of $2.82–$2.84 and revenue guidance of $36.9–$37.1 billion also exceed consensus estimates of $2.69 and $35.7 billion, respectively.
• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS came in at $0.80 versus the $0.73 consensus, while revenue rose 65.1% year over year to approximately $10.2 billion, helped by strong IT datacom demand, acquisitions and broad organic growth. Amphenol’s Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI demand and order momentum remain strong: Management highlighted record orders and robust AI-related demand, with orders outpacing sales. These trends support the company’s stronger outlook despite weakness in portions of the communications-network market. Amphenol Q3 Earnings Call Highlights AI Demand and Growth Outlook
• Positive Sentiment: Analyst sentiment improved: JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $115, $115, $111 and $112, respectively, while maintaining positive ratings.
• Positive Sentiment: Share repurchase authorized: The board approved a $4 billion buyback, allowing repurchases of up to 2% of outstanding shares. The program may support EPS and signal management’s confidence in the company’s valuation. Amphenol Board Approves $4 Billion Stock Repurchase Plan
• Neutral Sentiment: Amphenol agreed to acquire AdvancedPCB Holdings and Humanetics Sensors. The deals could expand its electronics and sensor portfolios, but financial terms and the expected earnings impact were not disclosed. Industrial Growth Partners Announces Sale of AdvancedPCB
• Negative Sentiment: Dividend reduced: The quarterly dividend was set at $0.15 per share, down 40% from $0.25 previously, reducing the annualized dividend to $0.60 and potentially weighing on income-focused investors.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.

The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.