Louisiana State Employees Retirement System raised its stake in shares of Amphenol Corporation (NYSE:APH) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,000 shares of the electronics maker’s stock after buying an additional 100 shares during the period. Louisiana State Employees Retirement System’s holdings in Amphenol Corporation were worth $1,403,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the stock. Quadrant Capital Group LLC raised its position in Amphenol Corporation by 0.3% in the first quarter. Quadrant Capital Group LLC now owns 3,150 shares of the electronics maker’s stock valued at $221,000 after buying an additional 8 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in shares of Amphenol Corporation by 0.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,702 shares of the electronics maker’s stock valued at $192,000 after buying an additional 16 shares during the last quarter. Burns J W & Co. Inc. NY raised its position in shares of Amphenol Corporation by 1.0% in the first quarter. Burns J W & Co. Inc. NY now owns 5,275 shares of the electronics maker’s stock valued at $375,000 after buying an additional 50 shares during the last quarter. Cleararc Capital Inc. raised its position in shares of Amphenol Corporation by 0.9% in the first quarter. Cleararc Capital Inc. now owns 7,543 shares of the electronics maker’s stock valued at $537,000 after buying an additional 65 shares during the last quarter. Finally, Greenwich Wealth Management LLC raised its position in shares of Amphenol Corporation by 0.9% in the first quarter. Greenwich Wealth Management LLC now owns 13,461 shares of the electronics maker’s stock valued at $958,000 after buying an additional 119 shares during the last quarter. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Corporation (NYSE APH) opened at 75.57 on Friday. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 26.81 and a beta of 0.77. Amphenol Corporation has a 12-month low of $58.38 and a 12-month high of $76.67. The company’s 50 day moving average price is $74.86 and its 200-day moving average price is $71.42.

Amphenol Corporation (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 26th. The electronics maker reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. Amphenol Corporation had a net margin of 13.93% and a return on equity of 24.24%. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the firm earned $0.59 EPS. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, analysts forecast that Amphenol Corporation will post $2.97 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 11th. Investors of record on Monday, June 19th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Thursday, June 15th. Amphenol Corporation’s dividend payout ratio is presently 22.70%.

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Several equities analysts have issued reports on APH shares. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Amphenol Corporation in a report on Monday, April 3rd. Stifel Nicolaus raised their price objective on Amphenol Corporation from $64.00 to $72.00 and gave the stock a “hold” rating in a report on Thursday, April 27th. Zacks Investment Research raised Amphenol Corporation from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Friday, April 28th. Deutsche Bank AG raised their price objective on Amphenol Corporation from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, April 28th. Finally, Morgan Stanley raised their price objective on Amphenol Corporation from $64.00 to $68.00 and gave the stock an “equal weight” rating in a report on Friday, April 28th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Amphenol Corporation presently has an average rating of “Buy” and an average price target of $78.38.

In related news, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $72.86, for a total transaction of $1,092,900.00. Following the completion of the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $2,914,400. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Zachary W. Raley sold 432,000 shares of the business’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $74.12, for a total transaction of $32,019,840.00. Following the sale, the senior vice president now directly owns 144,000 shares of the company’s stock, valued at approximately $10,673,280. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 893,000 shares of company stock valued at $66,184,060. Insiders own 2.92% of the company’s stock.

About Amphenol Corporation

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, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Institutional Ownership by Quarter for Amphenol Corporation (NYSE:APH)

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