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

Watchman Group Inc. cut its holdings in shares of Amphenol Corporation (NYSE:APH) by 9.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 50,348 shares of the electronics maker’s stock after selling 5,409 shares during the period. Amphenol makes up 1.6% of Watchman Group Inc.’s holdings, making the stock its 14th biggest holding. Watchman Group Inc.’s holdings in Amphenol were worth $6,804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of APH. Capital International Investors boosted its stake in shares of Amphenol by 446.9% during the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker’s stock valued at $2,228,288,000 after purchasing an additional 14,714,177 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Amphenol by 106.9% during the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker’s stock valued at $1,920,982,000 after purchasing an additional 8,021,284 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Amphenol by 340.8% during the fourth quarter. Jennison Associates LLC now owns 10,257,379 shares of the electronics maker’s stock valued at $1,386,182,000 after purchasing an additional 7,930,532 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Amphenol by 693.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 7,279,457 shares of the electronics maker’s stock valued at $900,833,000 after purchasing an additional 6,362,533 shares in the last quarter. Finally, Lone Pine Capital LLC bought a new position in shares of Amphenol during the third quarter valued at approximately $374,125,000. 97.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Jefferies Financial Group raised their target price on shares of Amphenol from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. UBS Group restated a “buy” rating and issued a $178.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Truist Financial raised their target price on shares of Amphenol from $182.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Barclays restated an “overweight” rating and issued a $180.00 target price (up from $175.00) on shares of Amphenol in a research note on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and an average target price of $176.53.

Insider Activity

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 over the last three months. Company insiders own 1.42% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $121.70 on Tuesday. The company has a 50 day moving average of $135.28 and a two-hundred day moving average of $139.03. The company has a market cap of $149.71 billion, a price-to-earnings ratio of 34.97, a price-to-earnings-growth ratio of 1.09 and a beta of 1.29. Amphenol Corporation has a twelve month low of $83.44 and a twelve month high of $167.04. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business’s quarterly revenue was up 58.4% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, analysts predict that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be issued a $0.25 dividend. 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 currently 28.74%.

Amphenol Company Profile

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.