JPMorgan Chase & Co. raised its position in shares of Amphenol Corporation (NYSE:APH) by 0.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,460,855 shares of the electronics maker’s stock after buying an additional 16,589 shares during the period. JPMorgan Chase & Co. owned approximately 2.77% of Amphenol Corporation worth $624,579,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. boosted its stake 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 worth $192,000 after buying an additional 16 shares during the last quarter. First Bank & Trust boosted its stake in shares of Amphenol Corporation by 0.5% in the second quarter. First Bank & Trust now owns 8,644 shares of the electronics maker’s stock worth $638,000 after buying an additional 43 shares during the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of Amphenol Corporation by 1.6% in the second quarter. Contravisory Investment Management Inc. now owns 3,930 shares of the electronics maker’s stock worth $290,000 after buying an additional 60 shares during the last quarter. Cleararc Capital Inc. boosted its stake 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 worth $537,000 after buying an additional 65 shares during the last quarter. Finally, Greenleaf Trust boosted its stake in shares of Amphenol Corporation by 0.4% in the second quarter. Greenleaf Trust now owns 23,397 shares of the electronics maker’s stock worth $1,727,000 after buying an additional 95 shares during the last quarter. Institutional investors own 96.86% of the company’s stock.

Amphenol Corporation (NYSE APH) traded down 0.09% during mid-day trading on Friday, reaching $80.87. 866,930 shares of the company’s stock traded hands. The company has a market cap of $24.70 billion, a P/E ratio of 27.23 and a beta of 0.76. The stock has a 50 day moving average of $77.80 and a 200 day moving average of $73.69. Amphenol Corporation has a 12-month low of $60.97 and a 12-month high of $81.17.

Amphenol Corporation (NYSE:APH) last posted its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.09. Amphenol Corporation had a net margin of 14.37% and a return on equity of 24.98%. The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts predict that Amphenol Corporation will post $3.09 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, September 15th. This is an increase from Amphenol Corporation’s previous quarterly dividend of $0.16. Amphenol Corporation’s payout ratio is 21.55%.

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A number of brokerages recently commented on APH. Royal Bank Of Canada restated a “buy” rating on shares of Amphenol Corporation in a research note on Thursday, June 1st. Stifel Nicolaus reiterated a “hold” rating and issued a $72.00 target price on shares of Amphenol Corporation in a research note on Friday, July 14th. BidaskClub upgraded shares of Amphenol Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) cut shares of Amphenol Corporation from a “buy” rating to a “neutral” rating and increased their target price for the stock from $75.00 to $78.00 in a research note on Wednesday, July 5th. Finally, Zacks Investment Research cut shares of Amphenol Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Four analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $79.63.

In other news, CEO Richard Adam Norwitt sold 200,000 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $77.95, for a total value of $15,590,000.00. Following the transaction, the chief executive officer now owns 293,992 shares of the company’s stock, valued at $22,916,676.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $80.98, for a total transaction of $1,214,700.00. Following the completion of the transaction, the chief financial officer now directly owns 40,000 shares in the company, valued at approximately $3,239,200. The disclosure for this sale can be found here. Insiders sold 433,200 shares of company stock worth $33,886,886 in the last three months. Insiders own 2.51% of the company’s stock.

Amphenol Corporation 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 Corporation (NYSE:APH)

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