Amphenol (NYSE:APH) Announces Q4 2026 Earnings Guidance

Amphenol (NYSE:APH) updated its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.810-0.830 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $10.3 billion-$10.5 billion, compared to the consensus revenue estimate of $9.7 billion. Amphenol also updated its FY 2026 guidance to 2.820-2.840 EPS.

Amphenol Stock Down 4.8%

Shares of Amphenol stock traded down $3.90 during trading on Friday, reaching $78.18. The stock had a trading volume of 1,284,588 shares, compared to its average volume of 17,028,799. The company has a market capitalization of $192.78 billion, a price-to-earnings ratio of 34.06, a P/E/G ratio of 1.03 and a beta of 1.23. The stock has a fifty day moving average price of $81.40 and a two-hundred day moving average price of $75.44. The company has a current ratio of 1.94, a quick ratio of 1.41 and a debt-to-equity ratio of 0.99. Amphenol has a 52 week low of $59.01 and a 52 week high of $89.93.

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

Amphenol Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders 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 is Tuesday, December 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.8%. Amphenol’s dividend payout ratio is 21.74%.

Amphenol announced that its board has authorized a stock repurchase program on Wednesday, October 28th that allows the company to repurchase $4 billion in shares. This buyback authorization allows the electronics maker to purchase up to 2% of its shares through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have weighed in on APH shares. Weiss Ratings lowered shares of Amphenol from a “buy (a-)” rating to a “buy (b)” rating in a report on Friday, October 23rd. BNP Paribas Exane raised their price target on shares of Amphenol from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday. TD Cowen lowered their target price on shares of Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research note on Wednesday, September 9th. Wolfe Research initiated coverage on shares of Amphenol in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $105.00 price target for the company. Finally, Citigroup reiterated a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Amphenol in a report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and a consensus target price of $111.79.

Insider Buying and Selling at Amphenol

In related news, EVP David Silverman sold 240,000 shares of Amphenol stock in a transaction on 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 transaction, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Craig Lampo sold 386,400 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total value of $32,324,292.00. Following the completion of the transaction, the chief financial officer 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 SEC filing for this sale provides additional information. Insiders have sold 726,400 shares of company stock valued at $61,332,592 over the last 90 days. 1.42% of the stock is currently owned by corporate insiders.

Key Amphenol News

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Raised fourth-quarter and full-year guidance: Amphenol expects fourth-quarter EPS of $0.81–$0.83, above the $0.75 consensus, and revenue of $10.3–$10.5 billion versus expectations of $9.7 billion. Full-year EPS guidance of $2.82–$2.84 and revenue guidance of $36.9–$37.1 billion also exceed consensus estimates of $2.69 and $35.7 billion, respectively.
• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS came in at $0.80 versus the $0.73 consensus, while revenue rose 65.1% year over year to approximately $10.2 billion, helped by strong IT datacom demand, acquisitions and broad organic growth. Amphenol’s Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: AI demand and order momentum remain strong: Management highlighted record orders and robust AI-related demand, with orders outpacing sales. These trends support the company’s stronger outlook despite weakness in portions of the communications-network market. Amphenol Q3 Earnings Call Highlights AI Demand and Growth Outlook
• Positive Sentiment: Analyst sentiment improved: JPMorgan, BNP Paribas Exane, UBS and Truist raised their price targets to $115, $115, $111 and $112, respectively, while maintaining positive ratings.
• Positive Sentiment: Share repurchase authorized: The board approved a $4 billion buyback, allowing repurchases of up to 2% of outstanding shares. The program may support EPS and signal management’s confidence in the company’s valuation. Amphenol Board Approves $4 Billion Stock Repurchase Plan
• Neutral Sentiment: Amphenol agreed to acquire AdvancedPCB Holdings and Humanetics Sensors. The deals could expand its electronics and sensor portfolios, but financial terms and the expected earnings impact were not disclosed. Industrial Growth Partners Announces Sale of AdvancedPCB
• Negative Sentiment: Dividend reduced: The quarterly dividend was set at $0.15 per share, down 40% from $0.25 previously, reducing the annualized dividend to $0.60 and potentially weighing on income-focused investors.

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.