Amphenol (NYSE:APH) Stock Price Down 7.9% – Here’s Why

Amphenol Corporation (NYSE:APH)’s share price fell 7.9% on Thursday. The stock traded as low as $72.23 and last traded at $72.9780. Approximately 18,407,461 shares traded hands during trading, an increase of 7% from the average session volume of 17,145,289 shares. The stock had previously closed at $79.20.

Trending Headlines about Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Erste Group initiated coverage with a Buy rating, adding to the positive analyst view of Amphenol’s long-term growth prospects. Erste Group starts coverage as Amphenol stock gets a Buy rating
• Positive Sentiment: Recent research highlights Amphenol’s exposure to data centers, communications and other infrastructure markets. Analysts’ six-month median price target is reported at $185, well above the current trading level, although targets may not reflect the latest market volatility. Here’s Why Amphenol is a Strong Growth Stock
• Positive Sentiment: Institutional buying was substantial in the latest quarter, including reported additions by JPMorgan Chase, Capital International Investors and T. Rowe Price. This supports continued institutional interest despite some large fund reductions.
• Neutral Sentiment: Amphenol is scheduled to report third-quarter 2026 results on October 28. Management previously guided to post-split adjusted EPS of approximately $0.70–$0.71, making the report and forward guidance important near-term catalysts. Amphenol Reports Next Week
• Negative Sentiment: Investors appear to be trimming positions in AI-related stocks after Amphenol’s strong run toward record levels. Its premium valuation leaves the shares vulnerable if earnings or guidance fail to exceed elevated expectations.
• Negative Sentiment: Reported insider activity shows eight sales and no purchases over the past six months, including sales by executives and CEO Richard Adam Norwitt. While insider sales do not necessarily signal deteriorating fundamentals, they may reinforce investor caution.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Robert W. Baird increased their price target on shares of Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Erste Group Bank assumed coverage on Amphenol in a report on Wednesday. They set a “buy” rating on the stock. TD Cowen lowered their price objective on Amphenol from $175.00 to $90.00 and set a “hold” rating on the stock in a research note on Wednesday, September 9th. Bank of America increased their target price on Amphenol from $90.00 to $92.50 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, BNP Paribas Exane boosted their price target on Amphenol from $107.50 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $98.56.

Amphenol Stock Down 7.9%

The firm has a market capitalization of $179.96 billion, a price-to-earnings ratio of 36.58, a P/E/G ratio of 1.06 and a beta of 1.23. 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 firm has a fifty day moving average price of $81.76 and a 200 day moving average price of $77.52.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. Amphenol had a return on equity of 39.87% and a net margin of 17.73%. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same period in the prior year, the company earned $0.41 EPS. Amphenol’s revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts anticipate that Amphenol Corporation will post 2.68 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 22nd. Amphenol’s dividend payout ratio is presently 25.00%.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 386,400 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer owned 181,330 shares in the company, valued at $15,169,161.15. This represents a 68.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David M. Silverman sold 240,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.12, for a total transaction of $20,908,800.00. Following the sale, the executive vice president directly owned 31,344 shares in the company, valued at approximately $2,730,689.28. This represents a 88.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,098,608 shares of company stock valued at $172,316,688. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Amphenol

Institutional investors have recently modified their holdings of the stock. Vaquero Private Wealth Ltd. bought a new stake in shares of Amphenol during the second quarter valued at approximately $32,000. Clal Insurance Enterprises Holdings Ltd raised its position in Amphenol by 85.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Tompkins Financial Corp raised its position in Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock worth $37,000 after purchasing an additional 95 shares during the last quarter. HHM Wealth Advisors LLC acquired a new position in Amphenol during the 1st quarter worth $27,000. Finally, Wilkerson Advisory Group LLC lifted its holdings in Amphenol by 57.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 233 shares of the electronics maker’s stock worth $29,000 after buying an additional 85 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

About Amphenol

Amphenol Corporation (NYSE: APH) is a global manufacturer of electrical, electronic and fiber-optic connectors, interconnect systems and related products. Its portfolio includes cable assemblies, sensors, antennas, backplane systems, radio-frequency components and other specialized electronic hardware.

The company serves customers across a range of industries, including automotive, aerospace and defense, information technology and data communications, industrial, mobile networks, commercial aerospace, medical and other markets.