Amphenol (NYSE:APH) Price Target Raised to $143.00

Amphenol (NYSE:APHFree Report) had its price target lifted by Barclays from $120.00 to $143.00 in a research note published on Thursday,Benzinga reports. The firm currently has an equal weight rating on the electronics maker’s stock.

A number of other research firms have also recently weighed in on APH. Truist Financial increased their price objective on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. UBS Group set a $152.00 price target on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Evercore ISI lifted their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $131.54.

Check Out Our Latest Research Report on APH

Amphenol Stock Performance

Shares of Amphenol stock opened at $133.33 on Thursday. The firm has a market cap of $163.20 billion, a PE ratio of 44.44, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol has a 52 week low of $56.45 and a 52 week high of $144.37. The business’s fifty day simple moving average is $128.04 and its 200-day simple moving average is $108.35.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities analysts forecast that Amphenol will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.8%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is 33.33%.

Insider Activity at Amphenol

In related news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction 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. The trade was a 61.10% 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 A. Lampo sold 258,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total value of $36,945,600.00. Following the completion of the sale, the chief financial officer owned 167,695 shares in the company, valued at approximately $24,013,924. This represents a 60.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,423,118 shares of company stock worth $185,486,462 over the last ninety days. 1.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Opal Wealth Advisors LLC acquired a new stake in Amphenol during the second quarter worth approximately $25,000. Financial Management Professionals Inc. grew its position in shares of Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its stake in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in Amphenol in the second quarter valued at $26,000. Finally, Avalon Trust Co boosted its stake in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Company Profile

(Get Free Report)

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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Analyst Recommendations for Amphenol (NYSE:APH)

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