Amphenol Corporation (APH) Position Reduced by Norinchukin Bank The

Norinchukin Bank The decreased its holdings in Amphenol Corporation (NYSE:APH) by 3.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,286 shares of the electronics maker’s stock after selling 6,975 shares during the quarter. Norinchukin Bank The owned about 0.06% of Amphenol worth $15,344,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of APH. Dupont Capital Management Corp acquired a new position in shares of Amphenol in the 2nd quarter valued at about $109,000. People s United Financial Inc. lifted its holdings in shares of Amphenol by 6.8% in the 2nd quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock valued at $110,000 after buying an additional 95 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Amphenol by 28.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock valued at $134,000 after buying an additional 391 shares during the period. Cribstone Capital Management LLC increased its stake in shares of Amphenol by 123.5% in the 3rd quarter. Cribstone Capital Management LLC now owns 1,900 shares of the electronics maker’s stock valued at $161,000 after purchasing an additional 1,050 shares in the last quarter. Finally, Acrospire Investment Management LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at about $148,000. 96.52% of the stock is owned by hedge funds and other institutional investors.

In other news, CFO Craig A. Lampo sold 10,000 shares of the company’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 sale, the chief financial officer now owns 35,000 shares of the company’s stock, valued at $3,132,850. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diana G. Reardon sold 503,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total value of $45,637,190.00. Following the sale, the director now directly owns 260,000 shares in the company, valued at approximately $23,589,800. The disclosure for this sale can be found here. Insiders have sold 849,000 shares of company stock worth $75,518,690 over the last 90 days. 2.51% of the stock is owned by insiders.

Amphenol Corporation (NYSE APH) opened at $88.14 on Friday. Amphenol Corporation has a twelve month low of $66.00 and a twelve month high of $91.26. The company has a market capitalization of $26,924.80, a P/E ratio of 27.99, a P/E/G ratio of 2.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.04 and a quick ratio of 2.27.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 25th. The electronics maker reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. Amphenol had a return on equity of 25.63% and a net margin of 14.73%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. equities analysts anticipate that Amphenol Corporation will post 3.21 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Friday, December 15th. Amphenol’s dividend payout ratio (DPR) is 24.20%.

APH has been the subject of several recent analyst reports. Zacks Investment Research upgraded Amphenol from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research note on Thursday, September 14th. Stifel Nicolaus boosted their price objective on Amphenol from $78.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Deutsche Bank reiterated a “buy” rating and set a $95.00 price objective (up from $80.00) on shares of Amphenol in a research note on Thursday, October 5th. BidaskClub upgraded Amphenol from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Finally, SunTrust Banks upped their price target on Amphenol from $77.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, October 26th. 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’s stock. The stock presently has an average rating of “Buy” and an average price target of $87.90.

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Amphenol 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.

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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