Amphenol (NYSE:APH) Price Target Raised to $115.00

Amphenol (NYSE:APH) had its price objective hoisted by BNP Paribas Exane from $110.00 to $115.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has an outperform rating on the electronics maker’s stock.

APH has been the topic of a number of other research reports. Wolfe Research began coverage on shares of Amphenol in a report on Wednesday, September 30th. They set an “outperform” rating and a $105.00 target price on the stock. Royal Bank Of Canada set a $100.00 price target on Amphenol in a research report on Monday, October 26th. Bank of America increased their price target on shares of Amphenol from $99.00 to $104.00 and gave the stock a “buy” rating in a report on Tuesday, October 13th. UBS Group raised their price objective on shares of Amphenol from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Thursday. Finally, TD Cowen reduced their price objective on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating for the company in a research note on Wednesday, September 9th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.79.

Amphenol Price Performance

APH opened at $79.48 on Thursday. The firm has a 50-day moving average price of $81.46 and a 200-day moving average price of $75.48. Amphenol has a twelve month low of $59.01 and a twelve month high of $89.93. The company has a quick ratio of 1.41, a current ratio of 1.94 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $196.00 billion, a price-to-earnings ratio of 34.56, a PEG ratio of 0.95 and a beta of 1.23.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 28th. The electronics maker reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.07. The company had revenue of $10.23 billion for the quarter, compared to analysts’ expectations of $9.49 billion. Amphenol had a net margin of 17.95% and a return on equity of 42.53%. Amphenol’s revenue was up 65.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. Equities analysts expect that Amphenol will post 2.84 EPS for the current year.

Amphenol Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Investors of record on Tuesday, December 22nd will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 22nd. This is a negative change from Amphenol’s previous quarterly dividend of $0.25. This represents a $0.60 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is presently 21.74%.

Amphenol declared that its Board of Directors has authorized a share repurchase program on Wednesday, October 28th that allows the company to buy back $4 billion in shares. This repurchase authorization allows the electronics maker to repurchase up to 2% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Amphenol news, EVP David Silverman sold 240,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 31,344 shares of the company’s stock, valued at $2,730,689.28. This trade represents a 88.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Lance D’Amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $81.00, for a total value of $8,099,500.00. Following the sale, the executive vice president owned 114,130 shares of the company’s stock, valued at approximately $9,243,959.35. This trade represents a 46.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 726,400 shares of company stock worth $61,332,592 in the last ninety days. 1.42% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Amphenol

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LP raised its position in Amphenol by 3,010.0% in the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock worth $2,898,248,000 after purchasing an additional 15,908,901 shares during the period. State Street Corp lifted its stake in shares of Amphenol by 24.2% during the 2nd quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock worth $12,107,146,000 after acquiring an additional 13,884,641 shares during the last quarter. Jupiter Topco LLC bought a new stake in shares of Amphenol during the 2nd quarter worth approximately $1,600,531,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Amphenol by 90.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,900,956 shares of the electronics maker’s stock valued at $666,051,000 after acquiring an additional 3,761,224 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Amphenol by 101.6% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,720,515 shares of the electronics maker’s stock valued at $313,497,000 after acquiring an additional 1,874,988 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol News Roundup

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Amphenol raised its fourth-quarter 2026 outlook to EPS of $0.81-$0.83 and revenue of $10.3-$10.5 billion, above consensus estimates of $0.75 and $9.7 billion, respectively.
• Positive Sentiment: The company also increased its full-year 2026 guidance to EPS of $2.82-$2.84 and revenue of $36.9-$37.1 billion, ahead of analyst expectations of $2.69 and $35.7 billion.
• Positive Sentiment: Third-quarter results exceeded expectations, with adjusted EPS of $0.80 versus the $0.73 consensus and revenue of approximately $10.2 billion. Orders rose 99% year over year, and the book-to-bill ratio reached 1.19, indicating strong demand momentum.
• Positive Sentiment: Management highlighted strong artificial-intelligence data-center demand, with IT datacom sales increasing sharply. Analysts at JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $111-$115 and maintained bullish ratings.
• Positive Sentiment: The board approved a new $4 billion share-repurchase program, covering up to 2% of outstanding shares and beginning in 2027. Buybacks can support earnings per share and signal management confidence in the valuation. Amphenol Board of Directors Approves Share Repurchase Program
• Neutral Sentiment: Amphenol agreed to acquire Humanetics Sensors and AdvancedPCB Holdings. The transactions could expand its sensor and circuit-board businesses, although financial terms and the near-term earnings impact were not provided.
• Negative Sentiment: Rothschild & Co Redburn cut its price target from $197 to $107. Although the revised target still implies substantial upside, the magnitude of the reduction may pressure investor sentiment.
• Negative Sentiment: The company’s quarterly dividend was reported at $0.15 per share, below the prior $0.25 payout. The lower distribution may disappoint income-focused investors, despite broader reports describing the post-split payout as an increase.

About Amphenol

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.