British Columbia Investment Management Corp reduced its position in shares of Amphenol Corp. (NYSE:APH) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,677 shares of the company’s stock after selling 22,199 shares during the period. British Columbia Investment Management Corp’s holdings in Amphenol Corp. were worth $7,640,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Reilly Herbert Faulkner III increased its stake in shares of Amphenol Corp. by 4.2% in the third quarter. Reilly Herbert Faulkner III now owns 54,463 shares of the company’s stock worth $3,536,000 after buying an additional 2,185 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Amphenol Corp. by 14.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 67,069 shares of the company’s stock worth $4,354,000 after buying an additional 8,228 shares in the last quarter. Eqis Capital Management Inc. increased its stake in shares of Amphenol Corp. by 5.8% in the third quarter. Eqis Capital Management Inc. now owns 6,909 shares of the company’s stock worth $449,000 after buying an additional 376 shares in the last quarter. Evercore Wealth Management LLC increased its stake in shares of Amphenol Corp. by 0.3% in the second quarter. Evercore Wealth Management LLC now owns 31,496 shares of the company’s stock worth $1,805,000 after buying an additional 108 shares in the last quarter. Finally, Macquarie Group Ltd. increased its stake in shares of Amphenol Corp. by 3.2% in the second quarter. Macquarie Group Ltd. now owns 52,534 shares of the company’s stock worth $3,012,000 after buying an additional 1,643 shares in the last quarter. 96.32% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Amphenol Corp. (NYSE:APH)

Shares of Amphenol Corp. (NYSE:APH) traded down 0.29% during mid-day trading on Wednesday, reaching $68.23. 501,402 shares of the company were exchanged. Amphenol Corp. has a 12 month low of $44.50 and a 12 month high of $69.19. The company’s 50-day moving average is $66.00 and its 200 day moving average is $61.51. The firm has a market capitalization of $21.05 billion, a price-to-earnings ratio of 27.40 and a beta of 0.98.

Amphenol Corp. (NYSE:APH) last issued its quarterly earnings results on Wednesday, October 19th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. Amphenol Corp. had a return on equity of 23.48% and a net margin of 12.98%. The business earned $1.64 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the prior year, the business posted $0.65 EPS. Amphenol Corp.’s revenue for the quarter was up 12.1% compared to the same quarter last year. Analysts predict that Amphenol Corp. will post $2.70 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 5th. Shareholders of record on Tuesday, December 13th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 0.94%. This is a positive change from Amphenol Corp.’s previous quarterly dividend of $0.14. Amphenol Corp.’s dividend payout ratio is presently 22.49%.

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A number of equities research analysts have commented on the stock. RBC Capital Markets increased their price objective on shares of Amphenol Corp. from $69.00 to $71.00 and gave the company a “top pick” rating in a research report on Wednesday. Royal Bank Of Canada increased their target price on shares of Amphenol Corp. from $69.00 to $71.00 and gave the company a “top pick” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of Amphenol Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, September 20th. Finally, Goldman Sachs Group Inc. raised shares of Amphenol Corp. from a “neutral” rating to a “buy” rating and increased their target price for the company from $60.00 to $70.00 in a research report on Tuesday, September 20th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $69.56.

In other Amphenol Corp. news, VP Michael R. Ivas sold 17,500 shares of the stock in a transaction dated Monday, October 31st. The shares were sold at an average price of $66.01, for a total transaction of $1,155,175.00. Following the completion of the transaction, the vice president now owns 25,000 shares of the company’s stock, valued at approximately $1,650,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 25,000 shares of the stock in a transaction dated Friday, October 21st. The shares were sold at an average price of $66.19, for a total transaction of $1,654,750.00. Following the transaction, the chief financial officer now directly owns 50,000 shares of the company’s stock, valued at approximately $3,309,500. The disclosure for this sale can be found here. 2.92% of the stock is owned by company insiders.

Amphenol Corp. Company Profile

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products, and coaxial and specialty cable. The Company operates through two segments: Interconnect Products and Assemblies, and Cable Products and Solutions.

5 Day Chart for NYSE:APH

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