Cookson Peirce & Co. Inc. reduced its position in shares of Amphenol Corporation (NYSE:APH) by 0.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 303,445 shares of the electronics maker’s stock after selling 1,620 shares during the quarter. Amphenol Corporation comprises approximately 2.5% of Cookson Peirce & Co. Inc.’s holdings, making the stock its 7th largest holding. Cookson Peirce & Co. Inc. owned 0.10% of Amphenol Corporation worth $22,400,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Bank & Trust boosted its position in shares of Amphenol Corporation by 0.5% during the 2nd quarter. First Bank & Trust now owns 8,644 shares of the electronics maker’s stock valued at $638,000 after acquiring an additional 43 shares during the last quarter. Contravisory Investment Management Inc. boosted its position in shares of Amphenol Corporation by 1.6% during the 2nd quarter. Contravisory Investment Management Inc. now owns 3,930 shares of the electronics maker’s stock valued at $290,000 after acquiring an additional 60 shares during the last quarter. Cleararc Capital Inc. boosted its position in shares of Amphenol Corporation by 0.9% during the 1st quarter. Cleararc Capital Inc. now owns 7,543 shares of the electronics maker’s stock valued at $537,000 after acquiring an additional 65 shares during the last quarter. Greenleaf Trust boosted its position in shares of Amphenol Corporation by 0.4% during the 2nd quarter. Greenleaf Trust now owns 23,397 shares of the electronics maker’s stock valued at $1,727,000 after acquiring an additional 95 shares during the last quarter. Finally, People s United Financial Inc. boosted its position in shares of Amphenol Corporation by 6.8% during the 2nd quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock valued at $110,000 after acquiring an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 96.88% of the company’s stock.

Amphenol Corporation (NYSE APH) traded down 0.65% during mid-day trading on Friday, reaching $87.20. The company had a trading volume of 2,095,150 shares. The stock has a 50 day moving average of $83.11 and a 200 day moving average of $76.46. The stock has a market capitalization of $26.63 billion, a price-to-earnings ratio of 29.36 and a beta of 0.79. Amphenol Corporation has a 52 week low of $62.72 and a 52 week high of $88.00.

Amphenol Corporation (NYSE:APH) last issued its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.09. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.65 earnings per share. Analysts anticipate that Amphenol Corporation will post $3.10 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th were paid a $0.19 dividend. The ex-dividend date of this dividend was Friday, September 15th. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.87%. Amphenol Corporation’s payout ratio is currently 25.59%.

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In other Amphenol Corporation news, VP William J. Doherty sold 61,800 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $78.12, for a total transaction of $4,827,816.00. Following the transaction, the vice president now owns 8,800 shares of the company’s stock, valued at $687,456. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $79.70, for a total value of $1,195,500.00. Following the transaction, the chief financial officer now directly owns 40,000 shares in the company, valued at approximately $3,188,000. The disclosure for this sale can be found here. Insiders sold 433,200 shares of company stock worth $33,886,886 over the last ninety days. Corporate insiders own 2.51% of the company’s stock.

A number of research firms have recently commented on APH. Royal Bank Of Canada reiterated a “top pick” rating and set a $85.00 target price (up from $81.00) on shares of Amphenol Corporation in a research report on Tuesday, August 29th. Cowen and Company reiterated an “outperform” rating and set a $95.00 target price (up from $85.00) on shares of Amphenol Corporation in a research report on Tuesday, October 10th. Bank of America Corporation upgraded Amphenol Corporation from a “neutral” rating to a “buy” rating in a research report on Friday, September 29th. Zacks Investment Research upgraded Amphenol Corporation from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research report on Thursday, August 24th. Finally, BidaskClub upgraded Amphenol Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. Amphenol Corporation currently has a consensus rating of “Buy” and a consensus price target of $83.50.

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.

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

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