Asset Management One Co. Ltd. lowered its stake in Amphenol Corporation (NYSE:APH) by 0.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 489,221 shares of the electronics maker’s stock after selling 1,633 shares during the period. Asset Management One Co. Ltd. owned 0.16% of Amphenol worth $41,354,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in APH. AMP Capital Investors Ltd lifted its stake in Amphenol by 21.0% during the third quarter. AMP Capital Investors Ltd now owns 142,426 shares of the electronics maker’s stock valued at $12,058,000 after purchasing an additional 24,750 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Amphenol by 7.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 39,557 shares of the electronics maker’s stock valued at $3,348,000 after purchasing an additional 2,890 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Amphenol by 7.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 17,616 shares of the electronics maker’s stock valued at $1,497,000 after purchasing an additional 1,200 shares during the last quarter. Synovus Financial Corp lifted its stake in Amphenol by 7.5% during the third quarter. Synovus Financial Corp now owns 16,555 shares of the electronics maker’s stock valued at $1,399,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Nippon Life Global Investors Americas Inc. lifted its stake in Amphenol by 1.8% during the third quarter. Nippon Life Global Investors Americas Inc. now owns 185,910 shares of the electronics maker’s stock valued at $15,736,000 after purchasing an additional 3,370 shares during the last quarter. 96.52% of the stock is owned by institutional investors.

In other news, CFO Craig A. Lampo sold 10,000 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $89.51, for a total transaction of $895,100.00. Following the completion of the sale, the chief financial officer now directly owns 35,000 shares of the company’s stock, valued at approximately $3,132,850. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Jean-Luc Gavelle sold 88,000 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $86.37, for a total value of $7,600,560.00. Following the sale, the vice president now directly owns 48,000 shares of the company’s stock, valued at $4,145,760. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 849,000 shares of company stock valued at $75,518,690. Insiders own 2.51% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Amphenol from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded shares of Amphenol from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a research note on Thursday, August 17th. Deutsche Bank boosted their target price on shares of Amphenol from $95.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Stifel Nicolaus reissued a “hold” rating and issued a $72.00 price target on shares of Amphenol in a report on Monday, August 14th. Finally, Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating in a report on Friday, September 29th. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $87.90.

Amphenol Corporation (NYSE:APH) opened at $89.34 on Friday. Amphenol Corporation has a 52 week low of $66.00 and a 52 week high of $91.26. The stock has a market capitalization of $26,912.59, a P/E ratio of 27.98, a PEG ratio of 2.48 and a beta of 0.81. The company has a quick ratio of 2.27, a current ratio of 3.04 and a debt-to-equity ratio of 0.87.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 25th. The electronics maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.74 billion. Amphenol had a return on equity of 25.63% and a net margin of 14.73%. Amphenol’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the business earned $0.73 EPS. analysts expect that Amphenol Corporation will post 3.21 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Monday, December 18th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Friday, December 15th. Amphenol’s dividend payout ratio is presently 24.20%.

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

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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