Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Amphenol Corporation (NYSE:APH) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 79,370 shares of the electronics maker’s stock after purchasing an additional 2,342 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Amphenol Corporation were worth $6,718,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of APH. AQR Capital Management LLC boosted its stake in shares of Amphenol Corporation by 2.4% in the 1st quarter. AQR Capital Management LLC now owns 23,226 shares of the electronics maker’s stock valued at $1,653,000 after purchasing an additional 538 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Amphenol Corporation in the 2nd quarter valued at $295,000. NN Investment Partners Holdings N.V. boosted its stake in shares of Amphenol Corporation by 269.1% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 7,714 shares of the electronics maker’s stock valued at $569,000 after purchasing an additional 5,624 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Amphenol Corporation by 3.9% in the 2nd quarter. Fisher Asset Management LLC now owns 4,428 shares of the electronics maker’s stock valued at $327,000 after purchasing an additional 168 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Amphenol Corporation by 11.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,241 shares of the electronics maker’s stock valued at $460,000 after purchasing an additional 630 shares during the last quarter. 96.74% of the stock is currently owned by institutional investors.

In other Amphenol Corporation news, VP David M. Silverman sold 16,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $80.04, for a total transaction of $1,280,640.00. Following the transaction, the vice president now owns 16,000 shares in the company, valued at $1,280,640. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Richard Adam Norwitt sold 220,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $86.10, for a total transaction of $18,942,000.00. Following the transaction, the chief executive officer now owns 216,492 shares in the company, valued at approximately $18,639,961.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 397,000 shares of company stock worth $33,877,390. Corporate insiders own 2.51% of the company’s stock.

Amphenol Corporation (NYSE:APH) traded down $0.57 on Thursday, reaching $88.41. 1,144,000 shares of the company’s stock traded hands, compared to its average volume of 1,127,748. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.27 and a current ratio of 3.04. Amphenol Corporation has a 1 year low of $66.00 and a 1 year high of $89.16. The firm has a market capitalization of $27,169.07, a P/E ratio of 28.25, a price-to-earnings-growth ratio of 2.73 and a beta of 0.80.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Monday, December 18th will be issued a dividend of $0.19 per share. The ex-dividend date is Friday, December 15th. This represents a $0.76 annualized dividend and a yield of 0.86%. Amphenol Corporation’s payout ratio is 24.20%.

A number of equities research analysts have recently commented on APH shares. Cowen and Company reaffirmed an “outperform” rating and issued a $95.00 price objective (up from $85.00) on shares of Amphenol Corporation in a research note on Tuesday, October 10th. Zacks Investment Research lowered shares of Amphenol Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Royal Bank Of Canada reissued a “top pick” rating and set a $85.00 target price (up from $81.00) on shares of Amphenol Corporation in a research note on Tuesday, August 29th. Deutsche Bank AG reissued a “buy” rating and set a $95.00 target price (up from $80.00) on shares of Amphenol Corporation in a research note on Thursday, October 5th. Finally, SunTrust Banks, Inc. increased their target price on shares of Amphenol Corporation from $77.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $87.90.

TRADEMARK VIOLATION WARNING: “Fjarde AP Fonden Fourth Swedish National Pension Fund Has $6.72 Million Stake in Amphenol Corporation (APH)” was reported by Daily Political and is the property of of Daily Political. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.dailypolitical.com/2017/11/16/fjarde-ap-fonden-fourth-swedish-national-pension-fund-has-6-72-million-stake-in-amphenol-corporation-aph.html.

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.

Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Corporation (NYSE:APH).

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

Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with MarketBeat.com's FREE daily email newsletter.