Amphenol (NYSE:APH) Trading Down 1.2% – What’s Next?

Amphenol Corporation (NYSE:APH)’s share price traded down 1.2% during mid-day trading on Tuesday . The company traded as low as $77.09 and last traded at $77.61. Approximately 8,666,123 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 17,945,813 shares. The stock had previously closed at $78.55.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on APH. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Friday, July 17th. Evercore reissued an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. UBS Group reissued a “buy” rating and set a $98.50 target price (up from $92.50) on shares of Amphenol in a report on Thursday, July 30th. Finally, BNP Paribas Exane increased their price target on Amphenol from $100.00 to $107.50 and gave the company an “outperform” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Amphenol has an average rating of “Buy” and a consensus target price of $96.00.

Amphenol Trading Down 1.2%

The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. The stock has a market cap of $191.38 billion, a price-to-earnings ratio of 38.90, a P/E/G ratio of 1.16 and a beta of 1.24. The company has a fifty day simple moving average of $80.23 and a 200-day simple moving average of $74.27.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, beating the consensus estimate of $0.60 by $0.08. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter in the prior year, the firm earned $0.41 EPS. The firm’s quarterly revenue was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. On average, research analysts forecast that Amphenol Corporation will post 2.66 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

Insider Activity at Amphenol

In related news, EVP Lance D’Amico sold 100,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 114,130 shares of the company’s stock, valued at approximately $9,243,959.35. The trade was a 46.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Craig Lampo sold 386,400 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the completion of the transaction, the chief financial officer owned 181,330 shares in the company, valued at approximately $15,169,161.15. This represents a 68.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,098,608 shares of company stock valued at $172,316,688 over the last ninety days. 1.42% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amphenol

A number of hedge funds have recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Amphenol by 85.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 91 shares during the last quarter. Tucker Asset Management LLC acquired a new position in Amphenol during the 4th quarter worth $26,000. HHM Wealth Advisors LLC bought a new stake in Amphenol during the first quarter valued at about $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Amphenol in the fourth quarter valued at about $29,000. Finally, Wilkerson Advisory Group LLC increased its stake in shares of Amphenol by 57.4% in the first quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker’s stock worth $29,000 after purchasing an additional 85 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a global manufacturer of interconnect, sensor and antenna solutions. Its products enable the transmission of power, data and signals in electronic and electrical systems, including connectors, cable assemblies, backplanes, antennas, sensors and related components.

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