Amphenol (NYSE:APH) Price Target Cut to $107.00 by Analysts at Rothschild & Co Redburn

Amphenol (NYSE:APH) had its price objective cut by Rothschild & Co Redburn from $197.00 to $107.00 in a report released on Friday morning.

APH has been the topic of several other research reports. Wolfe Research initiated coverage on Amphenol in a report on Wednesday, September 30th. They set an “outperform” rating and a $105.00 price objective on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $116.00 target price (up from $102.00) on shares of Amphenol in a report on Tuesday, October 6th. Barclays reissued an “overweight” rating and issued a $100.00 target price (down from $200.00) on shares of Amphenol in a research report on Tuesday, September 8th. Weiss Ratings downgraded Amphenol from a “buy (a-)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Finally, Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Sixteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $111.79.

Amphenol Trading Down 3.2%

NYSE APH opened at $79.48 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.94 and a quick ratio of 1.41. The firm’s fifty day moving average price is $81.46 and its 200 day moving average price is $75.48. The company has a market capitalization of $196.00 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of 0.98 and a beta of 1.23. Amphenol has a 12 month low of $59.01 and a 12 month high of $89.93.

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

Amphenol Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 13th. Stockholders of record on Tuesday, December 22nd will be paid a dividend of $0.15 per share. This is a drop from Amphenol’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, December 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s dividend payout ratio is currently 21.74%.

Amphenol declared that its board has authorized a share buyback program on Wednesday, October 28th that authorizes the company to buy back $4 billion in shares. This buyback authorization authorizes the electronics maker to reacquire up to 2% of its stock through open market purchases. Share buyback programs are typically an indication that the company’s board believes its shares are undervalued.

Insider Activity

In related news, EVP David M. Silverman sold 240,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares of the company’s stock, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lance E. D’amico sold 100,000 shares of the company’s stock in a transaction dated 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 owned 114,130 shares in the company, valued at $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 726,400 shares of company stock worth $61,332,592 in the last 90 days. 1.42% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amphenol

Several institutional investors have recently modified their holdings of the company. Pacific Excel Wealth Advisors Inc. acquired a new stake in Amphenol during the second quarter worth approximately $1,927,000. Evelyn Partners Investment Management Services Ltd grew its stake in Amphenol by 132.7% in the 1st quarter. Evelyn Partners Investment Management Services Ltd now owns 45,599 shares of the electronics maker’s stock worth $5,761,000 after acquiring an additional 26,000 shares during the period. Gabelli Funds LLC raised its holdings in Amphenol by 29.3% in the 1st quarter. Gabelli Funds LLC now owns 193,939 shares of the electronics maker’s stock valued at $24,504,000 after acquiring an additional 43,945 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in Amphenol in the 1st quarter valued at $5,637,000. Finally, Allen Capital Group LLC lifted its stake in shares of Amphenol by 1,118.7% during the 1st quarter. Allen Capital Group LLC now owns 39,681 shares of the electronics maker’s stock worth $5,014,000 after purchasing an additional 36,425 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Key Headlines Impacting Amphenol

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.