Amphenol (NYSE:APH) Reaches New 12-Month High – Here’s Why

Amphenol Corporation (NYSE:APH) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $147.07 and last traded at $146.0840, with a volume of 1556463 shares traded. The stock had previously closed at $140.16.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Citigroup reiterated a “buy” rating on shares of Amphenol in a report on Monday. Finally, Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $141.23.

Amphenol Stock Performance

The company has a market capitalization of $177.74 billion, a price-to-earnings ratio of 48.43, a PEG ratio of 0.91 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The stock has a 50 day simple moving average of $137.00 and a two-hundred day simple moving average of $122.08.

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

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is 33.33%.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares in the company, valued at approximately $10,696,764. This represents a 61.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the sale, the insider owned 433,742 shares in the company, valued at $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Procyon Advisors LLC boosted its holdings in shares of Amphenol by 2.6% in the fourth quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock valued at $388,000 after acquiring an additional 74 shares during the period. Binnacle Investments Inc raised its position in Amphenol by 10.0% in the 3rd quarter. Binnacle Investments Inc now owns 891 shares of the electronics maker’s stock valued at $110,000 after purchasing an additional 81 shares during the last quarter. SYM FINANCIAL Corp boosted its stake in Amphenol by 0.9% during the 3rd quarter. SYM FINANCIAL Corp now owns 9,266 shares of the electronics maker’s stock worth $1,147,000 after purchasing an additional 82 shares during the period. Bruce G. Allen Investments LLC grew its position in Amphenol by 9.4% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 975 shares of the electronics maker’s stock worth $121,000 after purchasing an additional 84 shares during the last quarter. Finally, Tower Wealth Partners Inc. raised its holdings in shares of Amphenol by 2.1% in the third quarter. Tower Wealth Partners Inc. now owns 4,251 shares of the electronics maker’s stock valued at $526,000 after buying an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.