Watchman Group Inc. Cuts Stake in Amphenol Corporation $APH

Watchman Group Inc. lessened its position in Amphenol Corporation (NYSE:APH) by 9.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 45,353 shares of the electronics maker’s stock after selling 4,995 shares during the period. Amphenol makes up 1.4% of Watchman Group Inc.’s investment portfolio, making the stock its 16th largest holding. Watchman Group Inc.’s holdings in Amphenol were worth $5,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in APH. Vermillion & White Wealth Management Group LLC raised its holdings in Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in Amphenol in the 4th quarter valued at approximately $26,000. Board of the Pension Protection Fund acquired a new position in Amphenol during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of Amphenol during the 4th quarter worth approximately $29,000. Finally, HHM Wealth Advisors LLC purchased a new position in shares of Amphenol during the 1st quarter worth approximately $27,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on APH shares. The Goldman Sachs Group lifted their price target on Amphenol from $184.00 to $201.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Barclays reiterated an “overweight” rating and issued a $198.00 price objective on shares of Amphenol in a research report on Monday, June 8th. Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. BNP Paribas Exane upped their price target on shares of Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Finally, Evercore reiterated an “outperform” rating on shares of Amphenol in a report on Wednesday, May 27th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $178.07.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $143.21, for a total value of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. This represents a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have sold 130,775 shares of company stock valued at $18,709,350. 1.42% of the stock is owned by insiders.

Amphenol Stock Performance

APH opened at $162.60 on Thursday. Amphenol Corporation has a 1-year low of $95.19 and a 1-year high of $168.75. The stock has a market cap of $200.03 billion, a P/E ratio of 46.72, a P/E/G ratio of 1.39 and a beta of 1.27. The stock’s 50 day simple moving average is $144.22 and its 200 day simple moving average is $140.86. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26.

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

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s payout ratio is 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.