Amphenol Corporation's stock has soared to a record high, with shares reaching $89.05. As of May 29, 2025, the stock (NYSE: APH) is trading at $89.01, after hitting an intraday high of $90.82. This surge in stock price highlights the company's robust financial performance and market position.
MarketBeat reports that 13 research firms have given Amphenol a 'Moderate Buy' rating, with an average price target of $80.68 for the next year. Adding to investors' optimism, Amphenol's recent earnings exceeded expectations, with the company reporting adjusted earnings of $0.55 per share and a revenue of $4.32 billion, both figures surpassing projections.
Amphenol's confidence is further reflected in their strategic dividend announcement of $0.165 per share, which was paid out on April 9, 2025. Additionally, with 97.01% of shares held by institutional investors, as noted by American Banking News, the company's stock performance is buoyed by solid backing from major market players.