Janus Henderson Group PLC raised its stake in Amphenol Corporation (NYSE:APH) by 1,662.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,597,526 shares of the electronics maker’s stock after acquiring an additional 9,996,239 shares during the quarter. Amphenol Corporation makes up 0.5% of Janus Henderson Group PLC’s holdings, making the stock its 25th biggest position. Janus Henderson Group PLC owned approximately 3.47% of Amphenol Corporation worth $782,311,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Birch Hill Investment Advisors LLC bought a new stake in shares of Amphenol Corporation in the first quarter valued at approximately $105,000. Dupont Capital Management Corp purchased a new position in Amphenol Corporation in the 2nd quarter valued at approximately $109,000. People s United Financial Inc. grew its stake in Amphenol Corporation 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 in the last quarter. Israel Discount Bank of New York purchased a new position in Amphenol Corporation in the 1st quarter valued at approximately $121,000. Finally, Parallel Advisors LLC grew its stake in Amphenol Corporation 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 in the last quarter. Hedge funds and other institutional investors own 96.88% of the company’s stock.

Amphenol Corporation (NYSE:APH) traded up 0.606% during mid-day trading on Wednesday, hitting $85.515. 467,157 shares of the stock were exchanged. Amphenol Corporation has a 52 week low of $62.64 and a 52 week high of $85.70. The stock has a market capitalization of $26.12 billion, a PE ratio of 28.793 and a beta of 0.79. The company has a 50-day moving average of $81.27 and a 200-day moving average of $75.59.

Amphenol Corporation (NYSE:APH) last announced its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 EPS for the quarter, topping the 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 for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the previous year, the company earned $0.65 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities analysts predict that Amphenol Corporation will post $3.09 EPS for the current fiscal year.

The company 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 0.89%. This is a boost from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, September 15th. Amphenol Corporation’s payout ratio is 25.59%.

A number of equities analysts have recently commented on APH shares. Zacks Investment Research upgraded Amphenol Corporation from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Thursday, September 14th. BidaskClub cut Amphenol Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) downgraded Amphenol Corporation from a “buy” rating to a “neutral” rating and raised their target price for the stock from $75.00 to $78.00 in a research note on Wednesday, July 5th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $80.38.

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In other Amphenol Corporation news, CFO Craig A. Lampo sold 15,000 shares of Amphenol Corporation stock in a transaction that occurred 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 sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $3,188,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard Adam Norwitt sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $77.95, for a total value of $15,590,000.00. Following the sale, the chief executive officer now directly owns 293,992 shares in the company, valued at $22,916,676.40. 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. Insiders own 2.51% of the company’s stock.

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.

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

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