Amphenol (NYSE:APH) Announces FY 2026 Earnings Guidance

Amphenol (NYSE:APH) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.820-2.840 for the period, compared to the consensus EPS estimate of 2.690. The company issued revenue guidance of $36.9 billion-$37.1 billion, compared to the consensus revenue estimate of $35.7 billion. Amphenol also updated its Q4 2026 guidance to 0.810-0.830 EPS.

Amphenol Price Performance

Shares of NYSE:APH traded down $3.96 during midday trading on Friday, reaching $78.12. 4,200,855 shares of the company’s stock were exchanged, compared to its average volume of 17,045,055. The firm has a market capitalization of $192.65 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.03 and a beta of 1.23. Amphenol has a 12 month low of $59.01 and a 12 month high of $89.93. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.41 and a current ratio of 1.94. The company’s 50 day simple moving average is $81.40 and its two-hundred day simple moving average is $75.44.

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

Amphenol Cuts Dividend

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

Amphenol declared that its Board of Directors has approved a stock buyback program on Wednesday, October 28th that allows the company to repurchase $4 billion in outstanding shares. This buyback authorization allows the electronics maker to repurchase up to 2% of its shares through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have weighed in on APH shares. Bank of America boosted their price target on Amphenol from $99.00 to $104.00 and gave the stock a “buy” rating in a research report on Tuesday, October 13th. TD Cowen decreased their price target on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a report on Wednesday, September 9th. Sanford C. Bernstein assumed coverage on Amphenol in a report on Wednesday, September 23rd. They set an “outperform” rating and a $99.00 target price on the stock. Erste Group Bank initiated coverage on Amphenol in a research report on Wednesday, October 21st. They set a “buy” rating on the stock. Finally, Rothschild & Co Redburn reduced their price target on shares of Amphenol from $197.00 to $107.00 in a research report on Friday. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $111.79.

Insider Transactions at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 386,400 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total value of $32,324,292.00. Following the completion of the sale, the chief financial officer directly owned 181,330 shares of the company’s stock, valued at $15,169,161.15. The trade was a 68.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lance E. D’amico sold 100,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $81.00, for a total transaction of $8,099,500.00. Following the sale, the executive vice president directly owned 114,130 shares of the company’s stock, valued at $9,243,959.35. The trade was a 46.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 726,400 shares of company stock valued at $61,332,592 in the last quarter. Insiders own 1.42% of the company’s stock.

More Amphenol News

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Amphenol reported third-quarter results that exceeded expectations, with earnings per share of $0.80 versus the $0.73 consensus and revenue of $10.23 billion versus $9.49 billion. Revenue increased 65.1% year over year, supported by strong IT datacom and artificial-intelligence demand, acquisitions and broad organic growth. Amphenol’s Q3 Earnings Beat Estimates
• Positive Sentiment: Management raised expectations above Wall Street forecasts. Fourth-quarter EPS guidance of $0.810–$0.830 and revenue guidance of $10.3–$10.5 billion exceed consensus estimates of $0.750 and $9.7 billion, respectively. Full-year 2026 EPS guidance of $2.820–$2.840 and revenue guidance of $36.9–$37.1 billion also top consensus estimates of $2.690 and $35.7 billion.
• Positive Sentiment: The board authorized a $4 billion share-repurchase program, allowing Amphenol to buy back up to 2% of its outstanding shares. Buybacks can support per-share earnings and signal that management views the stock as undervalued. Amphenol Board Approves Share Repurchase Program
• Positive Sentiment: JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to between $111 and $115 and maintained bullish ratings, citing AI-related demand, record orders and improving growth prospects.
• Neutral Sentiment: Amphenol agreed to acquire Humanetics Sensors and AdvancedPCB Holdings, potentially expanding its sensor and printed-circuit-board businesses, although the transactions may introduce integration and financing risks.
• Negative Sentiment: Amphenol declared a quarterly dividend of $0.15 per share, a 40% reduction from the prior $0.25 payout. The cut undermines income appeal and may be contributing to investor concern despite the upbeat operating outlook.
• Negative Sentiment: Rothschild & Co Redburn lowered its price target from $197 to $107, creating a notable contrast with the other recent analyst upgrades and adding uncertainty around valuation.

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.