Amphenol reports record third-quarter results, raises dividend and launches $4 billion buyback
Amphenol reported record third-quarter 2026 sales of $10.23 billion, up 65% year over year, with adjusted diluted EPS of $0.80, up 74%; GAAP diluted EPS was $0.79, up 61%. Orders reached $12.2 billion, producing a 1.19:1 book-to-bill ratio. The company completed its Empire Electronics purchase and agreed to buy AdvancedPCB, Dexgreen and Humanetics Sensors in transactions totaling approximately $1.6 billion. Amphenol also raised its quarterly dividend by 20% to $0.15 per share and approved a $4 billion stock repurchase program.
Why it matters
The dividend increase and repurchase authorization provide additional shareholder returns, while the acquisitions expand Amphenol's business portfolio subject to closing conditions. Evercore ISI kept its Outperform view and $100.00 price target after the results.
Key facts
- 1Third-quarter sales were $10.2 billion, up 65% in U.S. dollars and 37% organically, while GAAP diluted EPS was $0.79 and adjusted diluted EPS was $0.80. stocktitan.net
- 2Third-quarter orders totaled $12.2 billion and resulted in a 1.19:1 book-to-bill ratio. stocktitan.net
- 3Amphenol completed the Empire Electronics acquisition and signed agreements for AdvancedPCB, Dexgreen Limited and Humanetics Sensors, with the four transactions totaling approximately $1.6 billion. investing.com
- 4The quarterly dividend increased 20% to $0.15 per share, and the company announced a new $4 billion three-year stock repurchase program. stocktitan.net
- 5The company guided to Q4 2026 EPS of $0.81-$0.83 and full-year 2026 EPS of $2.82-$2.84. investing.com
Open questions
- Q4 sales guidance differs across the materials, which cite $10.7B-$11.0B, $10.3B-$10.5B and $10.4B.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.