Amphenol Corporation Class A (APH)

Amphenol Corp. stock has been impacted by several significant events in the past six months. Amphenol completed the acquisition of CommScope's Connectivity and Cable Solutions (CCS) business on January 9, 2026, a deal valued at $10.5 billion, which is expected to significantly enhance its fiber optic interconnect solutions for IT datacom and communications networks. The company reported record third-quarter 2025 results in late October, with revenues of $6.2 billion and adjusted diluted EPS of $0.93, surpassing analyst estimates, which led to a 52% increase in the company's quarterly dividend to $0.25 per share. Barclays upgraded Amphenol's stock from "Equalweight" to "Overweight" in January 2026, raising its price target from $143.00 to $156.00, citing increased demand for AI rack connectivity solutions. The stock reached an all-time high of $147.07 on January 12, 2026. There was insider selling activity in October 2025, with one insider selling 365,118 shares.

Demand for Amphenol's products and services exhibits some seasonality across its various market segments. Sales in the communications networks market were expected to decline in the low teens range on normal seasonality for the fourth quarter of 2025. Sales in the industrial market were anticipated to moderate slightly from third-quarter levels in the fourth quarter of 2025, reflecting typical seasonality. Sales in the IT Datacom market were projected to moderate in the mid to high single digits from strong second-quarter 2025 levels into the third quarter. As of January 2025, the automotive market was considered to be at the bottom of its business cycle due to high interest rates. Sales in the factory automation channel were down year-over-year in Q1 2025, with a slight sequential uptick.

Amphenol Corp. is a global leader in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors, interconnect systems, antennas, and sensors, operating within the Technology sector. The company's product portfolio serves diverse markets, including automotive, broadband communications, aerospace, defense, industrial, IT datacom, military, mobile devices, and mobile networks. Amphenol's operations are structured around Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

Amphenol has a significant global presence, with operations in approximately 40 countries across the Americas, Europe, Asia, Australia, and Africa. The company has headquarters and manufacturing in Danbury, CT, a western regional sales office in Simi Valley, CA, and manufacturing in Nogales, Mexico, for North America. In Asia, Amphenol has major manufacturing hubs in Shenzhen and Xi'an, China, a manufacturing plant in Ho Chi Minh City, Vietnam, and an engineering and product development center in Chennai, India. European operations are headquartered in Houten, Netherlands.

Amphenol maintains a strong brand reputation as a differentiated connector supplier, an excellent operator, and an exceptional steward of shareholder capital. The company's long-term issuer credit rating and senior unsecured notes were upgraded to 'A-' from 'BBB+' by S&P Global Ratings in February 2025, reflecting Amphenol's successful execution of its growth and business strategies.

Amphenol Corp. is predominantly owned by institutional shareholders, who hold 92.91% of the stock. Insiders own 0.51%, and retail investors hold 6.57%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Fmr Llc.