Andra AP fonden lowered its stake in Amphenol Co. (NYSE:APH) by 11.9% in the second quarter, Holdings Channel reports. The institutional investor owned 44,300 shares of the electronics maker’s stock after selling 6,000 shares during the period. Andra AP fonden’s holdings in Amphenol were worth $3,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Braun Bostich & Associates Inc. raised its holdings in shares of Amphenol by 1,407.1% in the second quarter. Braun Bostich & Associates Inc. now owns 1,281 shares of the electronics maker’s stock worth $112,000 after buying an additional 1,196 shares during the last quarter. Landaas & Co. WI ADV purchased a new position in shares of Amphenol in the second quarter worth $113,000. AdvisorNet Financial Inc increased its stake in shares of Amphenol by 236.1% in the second quarter. AdvisorNet Financial Inc now owns 1,341 shares of the electronics maker’s stock worth $117,000 after acquiring an additional 942 shares during the period. Fort L.P. acquired a new stake in shares of Amphenol in the second quarter worth $119,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Amphenol by 16,640.0% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,674 shares of the electronics maker’s stock worth $146,000 after acquiring an additional 1,664 shares during the period. 94.68% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on APH shares. Morgan Stanley upgraded shares of Amphenol from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $95.00 to $102.00 in a research note on Thursday, August 9th. Zacks Investment Research lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Monday, July 23rd. Finally, Stifel Nicolaus increased their price objective on shares of Amphenol from $90.00 to $92.00 and gave the stock a “hold” rating in a research note on Thursday, July 26th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Amphenol has a consensus rating of “Buy” and a consensus price target of $97.43.

NYSE:APH opened at $93.47 on Friday. The firm has a market capitalization of $28.25 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 2.20 and a beta of 0.88. Amphenol Co. has a 1-year low of $80.42 and a 1-year high of $97.56. The company has a current ratio of 1.72, a quick ratio of 1.22 and a debt-to-equity ratio of 0.70.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, July 25th. The electronics maker reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.05. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.89 billion. Amphenol had a net margin of 9.49% and a return on equity of 27.49%. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.74 earnings per share. research analysts predict that Amphenol Co. will post 3.62 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 10th. Investors of record on Monday, September 17th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, September 14th. This represents a $0.92 annualized dividend and a yield of 0.98%. Amphenol’s dividend payout ratio is presently 29.49%.

In related news, VP Richard Gu sold 2,000 shares of the firm’s stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $87.00, for a total transaction of $174,000.00. Following the sale, the vice president now owns 3,000 shares in the company, valued at $261,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP William J. Doherty sold 19,200 shares of the firm’s stock in a transaction on Wednesday, August 8th. The shares were sold at an average price of $94.57, for a total transaction of $1,815,744.00. Following the sale, the vice president now owns 8,800 shares in the company, valued at approximately $832,216. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 647,713 shares of company stock worth $61,196,943. 2.51% of the stock is owned by company insiders.

Amphenol Profile

Amphenol Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, bus bars, and distribution systems; and other connectors.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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