Amphenol Corp., US0320951017

Amphenol stock: Record sales back $4 billion buyback

Published on 11/06/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amphenol stock follows record third-quarter sales and a larger shareholder-return plan. Management expects strong fourth-quarter growth.

Record growth expands shareholder returns

Third-quarter sales rose 65 percent to 10.2 billion US dollars, while adjusted diluted EPS increased 74 percent to 0.80 US dollars.
Amphenol plans to raise its quarterly dividend to 0.15 US dollars and start a new three-year 4 billion US dollar repurchase program in 2027.
Management expects fourth-quarter sales of 10.3 billion to 10.5 billion US dollars and adjusted diluted EPS of 0.81 US dollars to 0.83 US dollars.

Amphenol Corp., US0320951017, Illustration mit AI erstellt.

Amphenol Corp. reported record third-quarter results on October 28, 2026, with sales reaching 10.2 billion US dollars. The company also increased its quarterly dividend and approved a new three-year share repurchase program, according to the company's investor-relations release.

Record sales strengthen shareholder returns

Sales rose 65 percent from the year-earlier quarter in US dollars and 37 percent organically. Orders reached 12.2 billion US dollars, producing a book-to-bill ratio of 1.19. The company reported GAAP diluted earnings per share of 0.79 US dollars, up 61 percent, while adjusted diluted EPS increased 74 percent to 0.80 US dollars.

Adjusted operating margin reached 29.7 percent, compared with 27.0 percent a year earlier. Amphenol generated 1.6 billion US dollars of free cash flow in the quarter. Management said strong organic growth in most end markets, including information technology and data communications, and contributions from acquisitions supported the performance.

Amphenol returned 553 million US dollars to shareholders during the quarter. That included 245 million US dollars spent to repurchase 3.0 million shares and 308 million US dollars in dividend payments. The board approved a 20 percent increase in the quarterly dividend to 0.15 US dollars per share from 0.125 US dollars. The higher payment is scheduled for January 13, 2027, to shareholders of record on December 22, 2026.

Outlook points to continued growth

For the fourth quarter, management expects sales of 10.3 billion to 10.5 billion US dollars and adjusted diluted EPS of 0.81 US dollars to 0.83 US dollars, assuming current market conditions continue and exchange rates remain constant. The outlook implies sales growth of about 60 percent and adjusted EPS growth of 65 percent to 69 percent from the year-earlier quarter.

For full-year 2026, Amphenol expects sales of 36.9 billion to 37.1 billion US dollars and adjusted diluted EPS of 2.82 US dollars to 2.84 US dollars. The guidance excludes acquisitions that had not closed at the time of the release. AdvancedPCB and Humanetics Sensors were expected to close in the fourth quarter, while Dexgreen was expected to close in the first quarter of 2027, subject to customary approvals and closing conditions.

The company expects its existing three-year, 2 billion US dollar repurchase plan to be completed by December 31, 2026. A new three-year plan of up to 4 billion US dollars takes effect on January 1, 2027. For investors, the combination of strong demand, acquisition-led expansion and larger capital returns supports the growth case, while the outlook remains dependent on end-market conditions and successful integration of acquired businesses.

Amphenol stock traded at 67.11 euros on Lang & Schwarz at 13:12 CET on Friday, November 6, 2026. The real-time quote of Amphenol stock provides the latest trading indication.