Amphenol (NYSE:APH) Stock Lifted to “Strong-Buy” by Sanford C. Bernstein

Amphenol (NYSE:APH) was upgraded by analysts at Sanford C. Bernstein to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

A number of other analysts also recently commented on APH. Wall Street Zen upgraded Amphenol from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Robert W. Baird raised their price target on Amphenol from $88.50 to $95.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Zacks Research raised Amphenol from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. UBS Group reiterated a “buy” rating and issued a $98.50 price objective (up from $92.50) on shares of Amphenol in a research report on Thursday, July 30th. Finally, Evercore restated an “outperform” rating on shares of Amphenol in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $96.34.

Amphenol Trading Up 1.2%

Shares of Amphenol stock opened at $83.18 on Wednesday. The company has a 50-day moving average of $80.40 and a two-hundred day moving average of $74.86. Amphenol has a 12-month low of $59.01 and a 12-month high of $89.26. 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 $205.13 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.24.

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

Insider Buying and Selling

In related news, CFO Craig Lampo sold 386,400 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $83.66, for a total transaction of $32,324,292.00. Following the sale, the chief financial officer owned 181,330 shares of the company’s stock, valued at $15,169,161.15. This trade represents a 68.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David Silverman sold 240,000 shares of Amphenol stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total value of $20,908,800.00. Following the sale, the executive vice president owned 31,344 shares of the company’s stock, valued at approximately $2,730,689.28. This represents a 88.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,098,608 shares of company stock valued at $172,316,688 over the last three months. Insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Amphenol

Institutional investors have recently modified their holdings of the company. Purus Wealth Management LLC increased its stake in shares of Amphenol by 3.7% in the second quarter. Purus Wealth Management LLC now owns 1,801 shares of the electronics maker’s stock worth $318,000 after purchasing an additional 65 shares in the last quarter. Cornerstone Financial Management LLC lifted its stake in shares of Amphenol by 27.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 304 shares of the electronics maker’s stock valued at $54,000 after buying an additional 65 shares in the last quarter. Sachetta LLC boosted its holdings in Amphenol by 14.9% in the 1st quarter. Sachetta LLC now owns 548 shares of the electronics maker’s stock worth $69,000 after buying an additional 71 shares during the period. Ferguson Wellman Capital Management Inc. boosted its holdings in Amphenol by 3.8% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,980 shares of the electronics maker’s stock worth $250,000 after buying an additional 72 shares during the period. Finally, Guardian Wealth Advisors LLC NC grew its stake in Amphenol by 0.5% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 14,211 shares of the electronics maker’s stock valued at $2,506,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

About Amphenol

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.