Amphenol (NYSE:APH) Price Target Raised to $143.00

Amphenol (NYSE:APH) had its price target increased by investment analysts at Barclays from $120.00 to $143.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the electronics maker’s stock. Barclays‘s price objective indicates a potential upside of 6.01% from the company’s current price.

APH has been the subject of several other research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Evercore ISI upped their target price on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Finally, Citigroup upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Amphenol has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Price Performance

Shares of APH stock traded down $7.02 during trading on Thursday, hitting $134.90. The company had a trading volume of 6,704,701 shares, compared to its average volume of 8,451,015. Amphenol has a 52 week low of $56.45 and a 52 week high of $144.37. The stock has a market capitalization of $165.12 billion, a price-to-earnings ratio of 44.99, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The stock’s 50-day moving average is $127.13 and its two-hundred day moving average is $107.54.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, analysts predict that Amphenol will post 2.36 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $4,409,575.04. The trade was a 50.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,125,042 shares of company stock valued at $142,789,956 over the last three months. Insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Financial Management Professionals Inc. grew its stake in Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Alpine Bank Wealth Management bought a new stake in shares of Amphenol during the 3rd quarter valued at $30,000. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol in the 2nd quarter worth about $25,000. Riggs Asset Managment Co. Inc. increased its stake in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in Amphenol during the 2nd quarter valued at about $26,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.