Amphenol (NYSE:APH) Stock Price Down 2.7% – Time to Sell?

Amphenol Corporation (NYSE:APH)’s share price dropped 2.7% during trading on Friday. The company traded as low as $79.21 and last traded at $79.3280. 11,810,023 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 17,252,217 shares. The stock had previously closed at $81.49.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on APH. Zacks Research lowered shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. UBS Group restated a “buy” rating and issued a $105.00 target price (up from $99.00) on shares of Amphenol in a report on Wednesday, October 7th. Sanford C. Bernstein initiated coverage on shares of Amphenol in a research report on Wednesday, September 23rd. They set an “outperform” rating and a $99.00 price target on the stock. Robert W. Baird increased their price target on Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Citigroup reissued a “buy” rating and issued a $112.00 price objective (up from $105.00) on shares of Amphenol in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $98.56.

Amphenol Stock Down 2.7%

The company has a market cap of $195.62 billion, a P/E ratio of 39.76, a PEG ratio of 1.11 and a beta of 1.23. The stock’s 50-day moving average price is $82.35 and its 200-day moving average price is $76.98. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10.

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

Amphenol Announces Dividend

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

Insider Activity at Amphenol

In related news, EVP David Silverman sold 240,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president owned 31,344 shares in the company, valued at approximately $2,730,689.28. This trade represents a 88.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Lance D’Amico sold 100,000 shares of Amphenol stock in a transaction dated 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 sale, the executive vice president directly 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. Insiders have sold a total of 2,098,608 shares of company stock worth $172,316,688 in the last ninety days. Corporate insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Amphenol

Large investors have recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Amphenol by 24.2% during the second quarter. State Street Corp now owns 71,281,059 shares of the electronics maker’s stock valued at $12,107,146,000 after purchasing an additional 13,884,641 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Amphenol by 10.5% in the second quarter. Wellington Management Group LLP now owns 16,579,919 shares of the electronics maker’s stock valued at $2,923,371,000 after purchasing an additional 1,578,248 shares during the period. Corient Private Wealth LP lifted its stake in shares of Amphenol by 3,010.0% during the 2nd quarter. Corient Private Wealth LP now owns 16,437,431 shares of the electronics maker’s stock valued at $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 lifted its stake 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 buying an additional 416,388 shares in the last quarter. Finally, Jupiter Topco LLC bought a new position in Amphenol in the 2nd quarter worth approximately $1,600,531,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) designs, manufactures and markets electrical, electronic and fiber-optic connectors, interconnect systems, sensors and antenna solutions. Its products enable the transmission of power, signals and data in applications that include high-speed communications, industrial equipment, transportation systems and electronic devices.

The company serves a broad range of end markets, including aerospace and defense, automotive, information technology and data communications, mobile networks, industrial automation, medical equipment and commercial electronics.