Mattern Capital Management LLC Sells 17,616 Shares of Amphenol Corporation $APH

Key Points

• Mattern Capital Management LLC cut its stake in Amphenol by 21.8%, selling 17,616 shares and leaving 63,290 shares valued at about $8.55 million.
• CEO Richard Adam Norwitt sold 515,281 shares at an average price of $147.27 for roughly $75.9 million, reducing his ownership by about 21.09%—a sizeable insider disposition.
• Amphenol beat Q4 expectations with $0.97 EPS versus $0.93 est and $6.44 billion revenue (up 49.1% YoY), set Q1 2026 EPS guidance of $0.910–$0.930, and carries a consensus "Moderate Buy" rating with an average price target of $156.71.

Mattern Capital Management LLC decreased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 21.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,290 shares of the electronics maker's stock after selling 17,616 shares during the quarter. Mattern Capital Management LLC's holdings in Amphenol were worth $8,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp raised its holdings in Amphenol by 1.2% during the 3rd quarter. State Street Corp now owns 56,025,072 shares of the electronics maker's stock valued at $6,942,156,000 after acquiring an additional 676,797 shares during the period. Capital International Investors increased its holdings in shares of Amphenol by 446.9% in the third quarter. Capital International Investors now owns 18,006,524 shares of the electronics maker's stock worth $2,228,288,000 after purchasing an additional 14,714,177 shares during the period. Capital Research Global Investors increased its holdings in shares of Amphenol by 106.9% in the third quarter. Capital Research Global Investors now owns 15,523,085 shares of the electronics maker's stock worth $1,920,982,000 after purchasing an additional 8,021,284 shares during the period. Invesco Ltd. increased its holdings in shares of Amphenol by 14.4% in the third quarter. Invesco Ltd. now owns 9,065,058 shares of the electronics maker's stock worth $1,121,801,000 after purchasing an additional 1,143,513 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of Amphenol by 12.5% in the third quarter. Legal & General Group Plc now owns 8,334,138 shares of the electronics maker's stock worth $1,031,350,000 after purchasing an additional 928,994 shares during the period. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE APH opened at $149.74 on Friday. The company has a 50-day simple moving average of $138.22 and a two-hundred day simple moving average of $138.28. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. Amphenol Corporation has a 12-month low of $74.14 and a 12-month high of $167.04. The firm has a market cap of $184.09 billion, a price-to-earnings ratio of 44.83, a PEG ratio of 1.56 and a beta of 1.25.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The business had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a net margin of 18.49% and a return on equity of 35.57%. The company's revenue was up 49.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 earnings per share. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. On average, equities analysts forecast that Amphenol Corporation will post 4.34 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, March 23rd. Amphenol's dividend payout ratio is currently 29.94%.

Analysts Set New Price Targets

Several research firms have recently weighed in on APH. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $183.00 price target on shares of Amphenol in a report on Thursday, January 15th. US Capital Advisors set a $165.00 price target on shares of Amphenol in a report on Friday, January 9th. Piper Sandler set a $165.00 price target on shares of Amphenol in a report on Tuesday, March 17th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $185.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. Finally, Fox Advisors reissued an "outperform" rating on shares of Amphenol in a research note on Friday, January 9th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $156.71.

Insider Buying and Selling at Amphenol

In other news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.67% of the company's stock.

Amphenol 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.

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