Amphenol (NYSE:APH) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Amphenol Corporation (NYSE:APH)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $76.69 and traded as high as $86.13. Amphenol shares last traded at $86.07, with a volume of 8,216,211 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on APH shares. Weiss Ratings upgraded Amphenol from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. Wall Street Zen raised Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. BNP Paribas Exane increased their target price on Amphenol from $107.50 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 22nd. Zacks Research cut Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, Citigroup restated a “buy” rating and issued a $112.00 price target (up from $105.00) on shares of Amphenol in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $98.56.

Amphenol Stock Performance

The stock has a 50 day simple moving average of $82.35 and a 200 day simple moving average of $76.98. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The stock has a market cap of $201.00 billion, a P/E ratio of 40.86, a price-to-earnings-growth ratio of 1.19 and a beta of 1.23.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.08. The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The company’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.41 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Amphenol Corporation will post 2.67 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 22nd. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insiders Place Their Bets

In related news, EVP Lance E. D’amico sold 100,000 shares of the company’s 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 completion of the sale, the executive vice president directly owned 114,130 shares in the company, valued at $9,243,959.35. This represents a 46.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard Norwitt sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $80.78, for a total value of $80,785,000.00. Following the completion of the sale, the chief executive officer directly owned 3,855,014 shares in the company, valued at $311,427,305.99. This trade represents a 20.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,098,608 shares of company stock worth $172,316,688. 1.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. State Street Corp raised 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 purchasing an additional 13,884,641 shares during the period. J. Stern & Co. LLP grew its position in Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after buying an additional 75,964,718 shares during the period. Wellington Management Group LLP grew its position in Amphenol by 10.5% during the second quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock valued at $2,923,371,000 after buying an additional 1,578,248 shares during the period. Corient Private Wealth LP grew its position in Amphenol by 3,010.0% during the second quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock valued at $2,898,248,000 after buying an additional 15,908,901 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Amphenol by 4.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,703,604 shares of the electronics maker’s stock worth $1,710,939,000 after buying an additional 416,388 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.