Amphenol stock: Record Q3 sales and new $4 billion buyback
Published on 10/31/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord results expand growth plans
- Amphenol reported third-quarter sales of 10.2 billion US dollars and orders of 12.2 billion US dollars.
- The board approved a 20 percent dividend increase and a three-year, 4 billion US dollar repurchase plan starting January 2027.
- Management expects fourth-quarter 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.
- Four acquisitions, including AdvancedPCB, carry a combined purchase price of approximately 1.6 billion US dollars.
Amphenol reported record third-quarter results on Wednesday, October 28, as strong demand across its electronics markets lifted sales and orders. The company also raised its dividend and authorized a new three-year share repurchase program, according to the Amphenol investor release.
Sales and orders set records
Third-quarter sales reached 10.2 billion US dollars, up 65 percent from the year-earlier period and 37 percent organically. Orders rose to 12.2 billion US dollars, producing a book-to-bill ratio of 1.19. Adjusted diluted earnings per share increased 74 percent to 0.80 US dollars, while GAAP diluted earnings per share rose 61 percent to 0.79 US dollars.
Adjusted operating margin reached 29.7 percent, compared with a GAAP margin of 29.5 percent. The adjusted figures exclude acquisition-related expenses, excess tax benefits linked to stock-based compensation and a discrete tax item; the company reported 1.6 billion US dollars in free cash flow for the quarter.
Buyback follows dividend increase
The board approved a 20 percent increase in the quarterly dividend to 0.15 US dollars from 0.125 US dollars. The higher payment is scheduled for January 13, 2027, for shareholders of record on December 22, 2026. Amphenol expects to complete its existing 2 billion US dollar repurchase plan by December 31, 2026, before the new 4 billion US dollar authorization takes effect on January 1, 2027.
Acquisitions broaden product reach
Amphenol closed its purchase of Empire Electronics in September and signed agreements to acquire AdvancedPCB, Dexgreen and Humanetics Sensors. The four transactions have a combined purchase price of approximately 1.6 billion US dollars. AdvancedPCB is expected to contribute about 270 million US dollars in 2026 sales and will join the Harsh Environment Solutions segment after closing.
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 conditions.
Fourth-quarter outlook remains strong
Amphenol expects fourth-quarter 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. Full-year 2026 guidance calls for 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 guidance excludes acquisitions that have not yet closed.
The real-time quote of Amphenol stock was 71.14 euros on Lang & Schwarz at 10:45 Berlin time on Saturday, October 31, 2026.
Amphenol Corporation stock profile
- Company: Amphenol Corporation
- ISIN: US0320951017
- Ticker: APH
- Home exchange: New York Stock Exchange
- Quote: 71.14 euros on Lang & Schwarz, Saturday, October 31, 2026, 10:45 Berlin time
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