Watchman Group Inc. Sells 5,409 Shares of Amphenol Corporation $APH

Watchman Group Inc. lowered its position in Amphenol Corporation (NYSE:APHFree Report) by 9.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 50,348 shares of the electronics maker’s stock after selling 5,409 shares during the period. Amphenol comprises approximately 1.6% of Watchman Group Inc.’s holdings, making the stock its 14th largest position. Watchman Group Inc.’s holdings in Amphenol were worth $6,804,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Capital Advisors Inc. OK boosted its holdings in Amphenol by 3.4% in the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock worth $279,000 after buying an additional 68 shares during the period. Canvas Wealth Advisors LLC boosted its holdings in Amphenol by 3.5% in the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock worth $279,000 after buying an additional 70 shares during the period. LOM Asset Management Ltd boosted its holdings in Amphenol by 16.3% in the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after buying an additional 70 shares during the period. Seeds Investor LLC boosted its holdings in Amphenol by 4.0% in the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock worth $255,000 after buying an additional 72 shares during the period. Finally, Procyon Advisors LLC boosted its holdings in Amphenol by 2.6% in the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock worth $388,000 after buying an additional 74 shares during the period. Institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group reissued a “buy” rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a report on Thursday, April 30th. The Goldman Sachs Group increased their price objective on shares of Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Zacks Research downgraded shares of Amphenol from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Finally, Rothschild & Co Redburn increased their price objective on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $176.53.

Read Our Latest Stock Analysis on APH

Insider Activity at Amphenol

In other news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total transaction of $8,788,260.80. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 130,775 shares of company stock worth $18,709,350 over the last 90 days. Company insiders own 1.42% of the company’s stock.

Amphenol Stock Down 2.6%

Shares of NYSE APH opened at $121.70 on Tuesday. The firm’s 50-day moving average price is $135.28 and its 200-day moving average price is $139.03. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $149.71 billion, a price-to-earnings ratio of 34.97, a P/E/G ratio of 1.09 and a beta of 1.29. Amphenol Corporation has a 12-month low of $83.44 and a 12-month high of $167.04.

Amphenol (NYSE:APHGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The company had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm’s revenue for the quarter was up 58.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 EPS. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. On average, equities research analysts anticipate that Amphenol Corporation will post 4.76 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is 28.74%.

About Amphenol

(Free Report)

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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