TD Cowen Cuts Amphenol (NYSE:APH) Price Target to $90.00

Amphenol (NYSE:APH) had its price objective cut by TD Cowen from $175.00 to $90.00 in a research report report published on Wednesday,Benzinga reports. They currently have a hold rating on the electronics maker’s stock.

APH has been the subject of several other research reports. Zacks Research raised shares of Amphenol from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $100.00 to $107.50 and gave the company an “overweight” rating in a research report on Thursday, July 16th. BNP Paribas Exane increased their target price on shares of Amphenol from $100.00 to $107.50 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Robert W. Baird raised their price target on shares of Amphenol from $88.50 to $95.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Bank of America lifted their price target on shares of Amphenol from $90.00 to $92.50 and gave the company a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $96.00.

Amphenol Stock Performance

Shares of Amphenol stock opened at $84.00 on Wednesday. The business has a 50-day moving average price of $80.32 and a two-hundred day moving average price of $74.24. Amphenol has a 1-year low of $58.67 and a 1-year 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 company has a market cap of $207.15 billion, a P/E ratio of 42.11, a PEG ratio of 1.11 and a beta of 1.24.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, July 29th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, beating 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 company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the previous year, the business earned $0.41 EPS. The firm’s revenue was up 55.0% compared to the same quarter last year. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. As a group, analysts anticipate that Amphenol will post 2.66 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 22nd. Amphenol’s dividend payout ratio is presently 25.00%.

Insider Transactions at Amphenol

In related news, CEO Richard Norwitt sold 1,000,000 shares of Amphenol stock in a transaction on Friday, July 31st. The shares were sold at an average price of $80.78, for a total value of $80,785,000.00. Following the completion of the sale, the chief executive officer owned 3,855,014 shares of the company’s stock, valued at approximately $311,427,305.99. This trade represents a 20.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP David Silverman sold 240,000 shares of Amphenol stock in a transaction on 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 directly owned 31,344 shares of the company’s stock, valued at approximately $2,730,689.28. The trade was 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 in the last 90 days. 1.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amphenol

A number of institutional investors and hedge funds have recently made changes to their positions in APH. Global Retirement Partners LLC increased its stake in Amphenol by 110.5% in the 4th quarter. Global Retirement Partners LLC now owns 18,689 shares of the electronics maker’s stock valued at $2,526,000 after buying an additional 9,812 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Amphenol by 4.6% in the 4th quarter. Deutsche Bank AG now owns 6,495,823 shares of the electronics maker’s stock worth $877,846,000 after buying an additional 284,525 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Amphenol by 4.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 212,337 shares of the electronics maker’s stock valued at $28,695,000 after acquiring an additional 9,529 shares in the last quarter. Bristol Gate Capital Partners Inc. bought a new position in shares of Amphenol in the fourth quarter valued at approximately $82,606,000. Finally, Waterloo Capital L.P. increased its position in shares of Amphenol by 158.1% during the fourth quarter. Waterloo Capital L.P. now owns 14,359 shares of the electronics maker’s stock valued at $1,940,000 after acquiring an additional 8,796 shares during the last quarter. 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.