Amphenol stock: Record sales support 4 billion US dollar buyback

Amphenol Corporation reported record third-quarter results on Wednesday, October 28, 2026, as strong organic growth in IT datacom and other end markets combined with contributions from acquisitions. The company said in its Amphenol investor release that sales reached 10.2 billion US dollars, up 65 percent from the year-earlier quarter and 37 percent organically.

Orders rose to 12.2 billion US dollars, producing a book-to-bill ratio of 1.19 to 1. GAAP diluted earnings per share reached 0.79 US dollars, while adjusted diluted earnings per share came to 0.80 US dollars, up 74 percent from the prior-year quarter. Adjusted operating margin was 29.7 percent.

Capital Returns Gain Fresh Support

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 dividend is scheduled for payment on January 13, 2027, to shareholders of record on December 22, 2026.

Amphenol also authorized a new three-year, 4 billion US dollar stock repurchase program beginning January 1, 2027. The company expects to finish purchases under its existing 2 billion US dollar plan by December 31, 2026. During the third quarter, it bought 3.0 million shares for 245 million US dollars and paid 308 million US dollars in dividends, returning 553 million US dollars in total capital to shareholders.

The company completed its acquisition of Empire Electronics at the beginning of September. It also signed agreements to acquire AdvancedPCB, Dexgreen Limited and the Humanetics Sensors business. AdvancedPCB and Humanetics Sensors are expected to close in the fourth quarter of 2026, while Dexgreen is expected to close in the first quarter of 2027, subject to regulatory approvals and other closing conditions.

Fourth-Quarter Outlook Remains Strong

For the fourth quarter, Amphenol expects sales of 10.3 billion to 10.5 billion US dollars and adjusted diluted earnings per share of 0.81 to 0.83 US dollars. The guidance implies sales growth of about 60 percent and adjusted earnings growth of 65 percent to 69 percent from the year-earlier quarter. For full-year 2026, management expects sales of 36.9 billion to 37.1 billion US dollars and adjusted diluted earnings per share of 2.82 to 2.84 US dollars.

The outlook excludes acquisitions that had not closed when the guidance was issued. Amphenol separately raised its expectation for the CommScope business to 5.1 billion US dollars in 2026 sales and 0.18 US dollars of adjusted earnings-per-share contribution, compared with earlier expectations of 4.6 billion US dollars and 0.15 US dollars.

Amphenol stock traded at 75.27 euros on Lang & Schwarz at 13:11 CET on Wednesday, November 4, 2026. Investors will weigh the strong order intake and cash-return plans against integration demands from the acquisition program and the company’s exposure to cyclical electronics markets. The real-time quote of Amphenol stock provides the latest trading indication.

U.S. equities remain the broader market backdrop for Amphenol, with the S&P 500 market overview providing the relevant index context.

Further company developments, results and analysis are available in more news and analyses on Amphenol stock.