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 in two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and other products comprising antennas, flexible and rigid printed circuit boards, hinges, molded parts, and production-related products. The Cable Products and Solutions segment offers coaxial, power, and specialty cables; cable assemblies; and components, which include combiner/splitter products, connector and connector systems, and fiber optic components. The company sells its products through its sales force, independent representatives, and a network of electronics distributors to original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and service providers in the automotive, broadband communication, commercial aerospace, industrial, information technology and data communication, military, mobile device, and mobile network markets. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.
IPO Year:
Exchange: NYSE
Website: amphenol.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/4/2024 | $80.00 → $71.00 | Buy → Neutral | BofA Securities |
| 7/23/2024 | $65.00 | Hold | Vertical Research |
| 5/20/2024 | $150.00 | Buy | Seaport Research Partners |
| 4/9/2024 | $125.00 | Hold | Jefferies |
| 1/5/2024 | $117.00 | Buy | Citigroup |
| 10/5/2023 | $93.00 | Outperform | Exane BNP Paribas |
| 5/19/2023 | $91.00 → $77.00 | Outperform → Neutral | Credit Suisse |
| 12/13/2022 | $93.00 | Outperform | Credit Suisse |
| 11/22/2022 | $87.00 → $88.00 | Buy → Hold | Jefferies |
| 7/14/2022 | $83.00 | Neutral → Overweight | JP Morgan |
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
BofA Securities downgraded Amphenol from Buy to Neutral and set a new price target of $71.00 from $80.00 previously
Vertical Research initiated coverage of Amphenol with a rating of Hold and set a new price target of $65.00
Seaport Research Partners initiated coverage of Amphenol with a rating of Buy and set a new price target of $150.00
Jefferies initiated coverage of Amphenol with a rating of Hold and set a new price target of $125.00
Citigroup initiated coverage of Amphenol with a rating of Buy and set a new price target of $117.00
Exane BNP Paribas initiated coverage of Amphenol with a rating of Outperform and set a new price target of $93.00
Credit Suisse downgraded Amphenol from Outperform to Neutral and set a new price target of $77.00 from $91.00 previously
Credit Suisse initiated coverage of Amphenol with a rating of Outperform and set a new price target of $93.00
Jefferies downgraded Amphenol from Buy to Hold and set a new price target of $88.00 from $87.00 previously
JP Morgan upgraded Amphenol from Neutral to Overweight and set a new price target of $83.00
8-K - AMPHENOL CORP /DE/ (0000820313) (Filer)
424B5 - AMPHENOL CORP /DE/ (0000820313) (Filer)
8-K - AMPHENOL CORP /DE/ (0000820313) (Filer)
FWP - AMPHENOL CORP /DE/ (0000820313) (Subject)
424B3 - AMPHENOL CORP /DE/ (0000820313) (Filer)
10-Q - AMPHENOL CORP /DE/ (0000820313) (Filer)
8-K - AMPHENOL CORP /DE/ (0000820313) (Filer)
10-Q - AMPHENOL CORP /DE/ (0000820313) (Filer)
8-K - AMPHENOL CORP /DE/ (0000820313) (Filer)
8-K - AMPHENOL CORP /DE/ (0000820313) (Filer)
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Baird increased Apple Inc. (NASDAQ:AAPL) price target from $200 to $240. Baird analyst William Power maintained an Outperform rating. Apple shares fell 0.1% to trade at $218.51 on Thursday. See how other analysts view this stock. Truist Securities raised the price target for ServiceNow, Inc. (NYSE:NOW) from $750 to $780. Truist Securities analyst Joel Fishbein maintained a Hold rating. ServiceNow shares gained 11.9% to trade at $817.75 on Thursday. See how other analysts view this stock. JP Morg
Truist Securities analyst William Stein maintains Amphenol (NYSE:APH) with a Buy and raises the price target from $74.5 to $76.
Baird analyst Luke Junk maintains Amphenol (NYSE:APH) with a Outperform and lowers the price target from $72 to $70.
Electronic and fiber optic connector company Amphenol Corporation (NYSE:APH) reported a fiscal second-quarter 2024 sales increase of 18% year-on-year to $3.61 billion, beating the analyst consensus estimate of $3.38 billion. Adjusted EPS of 44 cents topped the analyst consensus estimate of $0.41. The stock price slid after the print in sympathy with the semiconductor sector following mixed Tesla Inc (NASDAQ:TSLA) results. Amphenol stock lost 6% in the last 7 days driven by the broader semiconductor selloff following geopolitical tensions between U.S. and China and Presidential candidate Donald Trump’s comments. The adjusted operating margin for the quarter was 21.3% versus 20.4% a yea
Increase in Quarterly Dividend On July 23, 2024, Amphenol's Board of Directors approved a 50% increase in the Company's quarterly dividend, from $0.11 per share to $0.165 per share. The new dividend amount will be paid on October 9, 2024 to shareholders of record as of September 17, 2024.
Third Quarter 2024 Outlook Assuming the continuation of current market conditions as well as constant exchange rates, for the third quarter of 2024, Amphenol expects sales to be in the range of $3.70 billion to $3.80 billion. This represents a 16% to 19% increase over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $0.43 to $0.45, representing a 10% to 15% increase from the third quarter of 2023. This guidance does not include the impact of acquisitions that have not yet closed.
Vertical Research analyst Kevin McCarthy initiates coverage on Amphenol (NYSE:APH) with a Hold rating and announces Price Target of $65.
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
4 - AMPHENOL CORP /DE/ (0000820313) (Issuer)
Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the fourth quarter 2024 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on October 30, 2024. The Company will pay this fourth quarter 2024 dividend on January 8, 2025 to shareholders of record as of December 17, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximatel
Amphenol Corporation (NYSE:APH) announced today the pricing of its offering of $250 million aggregate principal amount of senior notes due 2027 (the "Additional 2027 Notes"), $750 million aggregate principal amount of senior notes due 2035 (the "2035 Notes") and $500 million aggregate principal amount of senior notes due 2054 (the "2054 Notes", and together with the Additional 2027 Notes and 2035 Notes, the "Notes"). The Additional 2027 Notes will have an interest rate of 5.050% per annum, the 2035 Notes will have an interest rate of 5.000% per annum, and the 2054 Notes will have an interest rate of 5.375% per annum. The Additional 2027 Notes constitute a further issuance of the Company's 5
Third Quarter 2024 Highlights: Record sales of $4.04 billion, up 26% in U.S. dollars and 15% organically compared to the third quarter of 2023 Record GAAP Diluted EPS of $0.48, up 17% compared to prior year Record Adjusted Diluted EPS of $0.50, up 28% compared to prior year GAAP and record Adjusted Operating Margin of 20.3% and 21.9%, respectively Operating and Free Cash Flow of $704 million and $476 million, respectively Completed previously announced acquisition of Lütze Europe in early October Amphenol Corporation (NYSE:APH) today reported third quarter 2024 results. "We are pleased to have closed the third quarter of 2024 with record sales and Adjusted Diluted EPS, both e
Popular, interactive yearly demo offers a deep dive into future-ready Ethernet technologies The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today announced details of its exhibit at stand #A3 during the 2024 European Conference on Optical Communication (ECOC). Europe's leading optical communications conference is set to take place September 22-26, 2024, at Messe Frankfurt, Germany. The Ethernet Alliance's highly anticipated multivendor interoperability demonstration will showcase an impressive range of Ethernet technologies, spanning from 10 Gigabit Ethernet (GbE) to 800GbE. The display includes best-in-class switches
Two-day summit unites innovators, visionaries, and industry leaders for in-depth discussions on how Ethernet and AI are shaping the future of intelligent networks and applications The Ethernet Alliance, a global consortium dedicated to the continued success and advancement of Ethernet technologies, today shared details of its upcoming Technology Exploration Forum (TEF 2024): Ethernet in the Age of AI. This pivotal event will explore how Ethernet is adapting to the demands of Artificial Intelligence (AI) and play host to meaningful discussions that will shape the future of both technologies. This press release features multimedia. View the full release here: https://www.businesswire.com/n
Second Quarter Highlights Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1) * Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjust
Preliminary Second Quarter Results Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $75 million Consolidated non-GAAP adjusted EBITDA of $302 million(1) Core non-GAAP adjusted EBITDA of $201 million*(1) * Core financial measures exclude the results and performance of our Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of our Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA. See "Core Measures" below. (1) See "Non-GAAP Financial Measures" and "Reconciliation of GAAP Measu
Second Quarter 2024 Highlights: Record sales of $3.61 billion, up 18% in U.S. dollars and 11% organically compared to the second quarter of 2023 GAAP Diluted EPS of $0.41, up 11% compared to prior year Record Adjusted Diluted EPS of $0.44, up 22% compared to prior year GAAP and record Adjusted Operating Margin of 19.4% and 21.3%, respectively Operating and Free Cash Flow of $664 million and $528 million, respectively Announces deal to acquire Lutze, with Lutze US closed during the quarter and Lutze Europe expected to close in the third quarter Completed previously announced acquisition of CIT and in July signed deal to acquire CommScope's mobile networks-related busines
Transaction highlights: To acquire CommScope's Outdoor Wireless Networks and Distributed Antenna Systems businesses for $2.1 billion in cash Adds advanced antenna and associated interconnect products, technologies and capabilities Complements Amphenol's existing product portfolio for next-generation wireless networks Expected to be accretive to Amphenol's Diluted EPS in first full year after closing Amphenol Corporation (NYSE:APH) today announced a definitive agreement to acquire CommScope's (NASDAQ:COMM) mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments. The deal includes the purchase of CommScope's Outdoor Wireless Networks (
CommScope (NASDAQ:COMM), a global leader in network connectivity, announced today it has entered into a definitive agreement to sell its Outdoor Wireless Networks (OWN) segment as well as the Distributed Antenna Systems (DAS) business unit of its Networking, Intelligent Cellular & Security Solutions segment to Amphenol Corporation (NYSE:APH). CommScope will receive approximately USD $2.1 billion in cash, to be paid by Amphenol upon closing. The sale is expected to close within the first half of 2025, subject to customary closing conditions, including receipt of applicable regulatory approvals. "CommScope has a strong reputation for driving innovation and value for our customers. This tr
Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the fourth quarter 2024 dividend on its Common Stock in the amount of $0.165 per share at its meeting held on October 30, 2024. The Company will pay this fourth quarter 2024 dividend on January 8, 2025 to shareholders of record as of December 17, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximatel
Third Quarter 2024 Highlights: Record sales of $4.04 billion, up 26% in U.S. dollars and 15% organically compared to the third quarter of 2023 Record GAAP Diluted EPS of $0.48, up 17% compared to prior year Record Adjusted Diluted EPS of $0.50, up 28% compared to prior year GAAP and record Adjusted Operating Margin of 20.3% and 21.9%, respectively Operating and Free Cash Flow of $704 million and $476 million, respectively Completed previously announced acquisition of Lütze Europe in early October Amphenol Corporation (NYSE:APH) today reported third quarter 2024 results. "We are pleased to have closed the third quarter of 2024 with record sales and Adjusted Diluted EPS, both e
Second Quarter Highlights Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $74.8 million Consolidated non-GAAP adjusted EBITDA of $302.1 million (1) Core non-GAAP adjusted EBITDA of $201.1 million* (1) Cash flow generated by operations of $50.8 million and non-GAAP adjusted free cash flow of $68.7 million (1) * Core financial measures exclude the results and performance of the Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of the Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjust
Preliminary Second Quarter Results Consolidated net sales of $1.39 billion Core net sales of $1.05 billion* GAAP income from continuing operations of $75 million Consolidated non-GAAP adjusted EBITDA of $302 million(1) Core non-GAAP adjusted EBITDA of $201 million*(1) * Core financial measures exclude the results and performance of our Outdoor Wireless Networks (OWN) segment and Distributed Antenna Systems (DAS) business unit of our Networking, Intelligent Cellular & Security Solutions (NICS) segment of $333 million of net sales and $101 million of non-GAAP adjusted EBITDA. See "Core Measures" below. (1) See "Non-GAAP Financial Measures" and "Reconciliation of GAAP Measu
Second Quarter 2024 Highlights: Record sales of $3.61 billion, up 18% in U.S. dollars and 11% organically compared to the second quarter of 2023 GAAP Diluted EPS of $0.41, up 11% compared to prior year Record Adjusted Diluted EPS of $0.44, up 22% compared to prior year GAAP and record Adjusted Operating Margin of 19.4% and 21.3%, respectively Operating and Free Cash Flow of $664 million and $528 million, respectively Announces deal to acquire Lutze, with Lutze US closed during the quarter and Lutze Europe expected to close in the third quarter Completed previously announced acquisition of CIT and in July signed deal to acquire CommScope's mobile networks-related busines
Amphenol Corporation (NYSE:APH) today announced it had completed the acquisition of the Carlisle Interconnect Technologies (CIT) business from Carlisle Companies Incorporated (NYSE:CSL). "The acquisition of CIT enhances Amphenol's product offerings for highly engineered harsh environment interconnect solutions and will enable us to deliver a more comprehensive technology offering for our customers in the commercial air, defense and industrial markets," said Amphenol President and Chief Executive Officer, R. Adam Norwitt. "We are excited to welcome CIT's talented employees to the Amphenol family and look forward to working together with them to drive outstanding operating performance." A
Carlisle Companies Incorporated (NYSE:CSL), a leading supplier of innovative building products and solutions, today announced that it has completed the sale of Carlisle Interconnect Technologies ("CIT") to Amphenol Corporation (NYSE:APH). About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ("CCM") and Carlisle Weatherproofing Technologies ("CWT") – and family of leading brands, Carlisle delivers innovative, labor-reducing and environmentally responsible products and solutions to cust
Amphenol Corporation (NYSE:APH) today announced that its Board of Directors approved a two-for-one stock split to be paid in the form of a stock dividend. Each Amphenol shareholder of record at the close of business on May 31, 2024 will receive one additional share for every share held on the record date. Amphenol expects the additional shares will be distributed on June 11, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and asse
Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the second quarter 2024 dividend on its Common Stock in the amount of $0.22 per share at its meeting held on May 1, 2024. The Company will pay this second quarter 2024 dividend on July 10, 2024 to shareholders of record as of June 18, 2024. About Amphenol Amphenol Corporation is one of the world's largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximately 40 count
First Quarter 2024 Highlights: Sales of $3.26 billion, up 9% in U.S. dollars and 6% organically compared to the first quarter of 2023 GAAP Diluted EPS of $0.87, up 23% compared to prior year Adjusted Diluted EPS of $0.80, up 16% compared to prior year GAAP and Adjusted Operating Margin of 21.0% Operating and Free Cash Flow of $599 million and $506 million, respectively Announces a new three-year, $2 billion open market stock repurchase program Amphenol Corporation (NYSE:APH) today reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program. "We are pleased to have closed the first quarter of 2024 wi
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)
SC 13G/A - AMPHENOL CORP /DE/ (0000820313) (Subject)