Amphenol (NYSE:APH) Shares Down 1.2% – What’s Next?

Amphenol Corporation (NYSE:APH) shares dropped 1.2% during trading on Tuesday. The company traded as low as $77.88 and last traded at $79.2940. 7,056,284 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 17,163,781 shares. The stock had previously closed at $80.28.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on APH shares. Robert W. Baird increased their price target on shares of Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Barclays restated an “overweight” rating and set a $100.00 price target (down from $200.00) on shares of Amphenol in a research report on Tuesday, September 8th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $100.00 to $107.50 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Wolfe Research initiated coverage on Amphenol in a research report on Wednesday, September 30th. They set an “outperform” rating and a $105.00 price target on the stock. Finally, BNP Paribas Exane boosted their price objective on Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $98.56.

Amphenol Stock Down 1.2%

The company has a market capitalization of $195.54 billion, a P/E ratio of 39.75, a PEG ratio of 1.07 and a beta of 1.23. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.89 and a quick ratio of 1.41. The company has a 50 day moving average of $82.17 and a 200-day moving average of $77.24.

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

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 22nd were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.3%. Amphenol’s dividend payout ratio (DPR) is currently 25.00%.

Insider Buying and Selling

In other news, CFO Craig Lampo sold 386,400 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the completion of the transaction, the chief financial officer directly owned 181,330 shares in the company, valued at $15,169,161.15. This trade represents a 68.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lance D’Amico sold 100,000 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president owned 114,130 shares in the company, valued at approximately $9,243,959.35. This represents a 46.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,098,608 shares of company stock valued at $172,316,688. 1.42% of the stock is owned by insiders.

Hedge Funds Weigh In On Amphenol

Several institutional investors and hedge funds have recently bought and sold shares of APH. State Street Corp increased its stake in shares of Amphenol by 24.2% in the second 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 in the last quarter. Wellington Management Group LLP raised its holdings in shares of Amphenol by 10.5% during the 2nd quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock worth $2,923,371,000 after acquiring an additional 1,578,248 shares in the last quarter. Corient Private Wealth LP grew its stake in shares of 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 buying an additional 15,908,901 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Amphenol by 4.5% during the 2nd 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 valued at $1,710,939,000 after purchasing an additional 416,388 shares during the last quarter. Finally, Jupiter Topco LLC purchased a new position in shares of Amphenol during the 2nd quarter worth about $1,600,531,000. 97.01% of the stock is currently owned by hedge funds and other institutional 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.