Amphenol (NYSE:APH) Cut to Hold at Zacks Research

Amphenol (NYSE:APH) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on APH. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, January 21st. US Capital Advisors set a $165.00 price target on Amphenol in a research note on Friday, January 9th. Piper Sandler set a $165.00 price target on Amphenol in a report on Tuesday. Truist Financial set a $182.00 price objective on Amphenol in a report on Tuesday, January 13th. Finally, Evercore restated an “outperform” rating on shares of Amphenol in a research report on Tuesday. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $152.36.

Amphenol Trading Down 5.4%

Shares of APH stock opened at $127.86 on Monday. Amphenol has a 1 year low of $56.45 and a 1 year high of $167.04. The firm’s fifty day simple moving average is $143.83 and its 200 day simple moving average is $135.15. The firm has a market capitalization of $157.17 billion, a P/E ratio of 38.28, a price-to-earnings-growth ratio of 1.43 and a beta of 1.20. The company has a current ratio of 2.98, a quick ratio of 2.48 and a debt-to-equity ratio of 1.08.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The business’s revenue was up 49.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. As a group, sell-side analysts predict that Amphenol will post 2.36 EPS for the current year.

Insider Buying and Selling

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. 1.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Several hedge funds and other institutional investors have recently modified their holdings of APH. Capital Advisors Inc. OK raised its stake in Amphenol by 3.4% during the fourth quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 68 shares in the last quarter. Canvas Wealth Advisors LLC boosted its stake in shares of Amphenol by 3.5% in the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock valued at $279,000 after purchasing an additional 70 shares in the last quarter. LOM Asset Management Ltd grew its holdings in shares of Amphenol by 16.3% in the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after purchasing an additional 70 shares during the last quarter. Seeds Investor LLC grew its holdings in shares of Amphenol by 4.0% in the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock worth $255,000 after purchasing an additional 72 shares during the last quarter. Finally, Procyon Advisors LLC increased its position in shares of Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock worth $388,000 after purchasing an additional 74 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

About Amphenol

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.