Toronto Dominion Bank Acquires 21,429 Shares of Amphenol Corporation (APH)

Toronto Dominion Bank lifted its holdings in shares of Amphenol Corporation (NYSE:APH) by 25.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,805 shares of the electronics maker’s stock after purchasing an additional 21,429 shares during the period. Toronto Dominion Bank’s holdings in Amphenol Corporation were worth $7,883,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of APH. Dupont Capital Management Corp purchased a new position in shares of Amphenol Corporation during the 2nd quarter worth approximately $109,000. People s United Financial Inc. increased its stake 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 worth $110,000 after purchasing an additional 95 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Amphenol Corporation by 28.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock worth $134,000 after purchasing an additional 391 shares in the last quarter. Acrospire Investment Management LLC purchased a new position in shares of Amphenol Corporation during the 2nd quarter worth approximately $148,000. Finally, Canada Pension Plan Investment Board increased its stake in shares of Amphenol Corporation by 2,839.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,381 shares of the electronics maker’s stock worth $176,000 after purchasing an additional 2,300 shares in the last quarter. 96.80% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on APH shares. Royal Bank Of Canada reissued a “top pick” rating and set a $85.00 price objective (up from $81.00) on shares of Amphenol Corporation in a research note on Tuesday, August 29th. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a research note on Friday, September 22nd. Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $80.00) on shares of Amphenol Corporation in a research note on Thursday, October 5th. Bank of America Corporation raised shares of Amphenol Corporation from a “neutral” rating to a “buy” rating in a research note on Friday, September 29th. Finally, Cowen and Company reissued an “outperform” rating and set a $95.00 price objective (up from $85.00) on shares of Amphenol Corporation in a research note on Tuesday, October 10th. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Amphenol Corporation presently has a consensus rating of “Buy” and an average target price of $83.50.

Shares of Amphenol Corporation (NYSE:APH) remained flat at $86.70 during mid-day trading on Wednesday. 165,840 shares of the company’s stock traded hands. The stock has a market capitalization of $26.48 billion, a P/E ratio of 29.19 and a beta of 0.79. Amphenol Corporation has a 52 week low of $62.72 and a 52 week high of $88.00. The stock’s 50 day moving average price is $83.11 and its 200-day moving average price is $76.50.

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 Thomson Reuters’ 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 company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the business posted $0.65 EPS. Amphenol Corporation’s quarterly revenue was up 7.6% on a year-over-year basis. Analysts expect that Amphenol Corporation will post $3.10 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th were paid a dividend of $0.19 per share. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, September 15th. This represents a $0.76 annualized dividend and a dividend yield of 0.88%. Amphenol Corporation’s dividend payout ratio is 25.59%.

In related news, SVP Luc Walter sold 110,400 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $77.70, for a total value of $8,578,080.00. Following the transaction, the senior vice president now directly owns 130,400 shares in the company, valued at approximately $10,132,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard Adam Norwitt sold 200,000 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $77.95, for a total transaction of $15,590,000.00. Following the completion of the transaction, the chief executive officer now owns 293,992 shares in the company, valued at $22,916,676.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 433,200 shares of company stock worth $33,886,886. 2.51% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “Toronto Dominion Bank Acquires 21,429 Shares of Amphenol Corporation (APH)” was first posted by The Ledger Gazett

Several other institutional investors and hedge funds have also modified their holdings of APH. Dupont Capital Management Corp purchased a new position in shares of Amphenol Corporation during the 2nd quarter worth approximately $109,000. People s United Financial Inc. increased its stake 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 worth $110,000 after purchasing an additional 95 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Amphenol Corporation by 28.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock worth $134,000 after purchasing an additional 391 shares in the last quarter. Acrospire Investment Management LLC purchased a new position in shares of Amphenol Corporation during the 2nd quarter worth approximately $148,000. Finally, Canada Pension Plan Investment Board increased its stake in shares of Amphenol Corporation by 2,839.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,381 shares of the electronics maker’s stock worth $176,000 after purchasing an additional 2,300 shares in the last quarter. 96.80% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on APH shares. Royal Bank Of Canada reissued a “top pick” rating and set a $85.00 price objective (up from $81.00) on shares of Amphenol Corporation in a research note on Tuesday, August 29th. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a research note on Friday, September 22nd. Deutsche Bank AG reissued a “buy” rating and set a $95.00 price objective (up from $80.00) on shares of Amphenol Corporation in a research note on Thursday, October 5th. Bank of America Corporation raised shares of Amphenol Corporation from a “neutral” rating to a “buy” rating in a research note on Friday, September 29th. Finally, Cowen and Company reissued an “outperform” rating and set a $95.00 price objective (up from $85.00) on shares of Amphenol Corporation in a research note on Tuesday, October 10th. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Amphenol Corporation presently has a consensus rating of “Buy” and an average target price of $83.50.

Shares of Amphenol Corporation (NYSE:APH) remained flat at $86.70 during mid-day trading on Wednesday. 165,840 shares of the company’s stock traded hands. The stock has a market capitalization of $26.48 billion, a P/E ratio of 29.19 and a beta of 0.79. Amphenol Corporation has a 52 week low of $62.72 and a 52 week high of $88.00. The stock’s 50 day moving average price is $83.11 and its 200-day moving average price is $76.50.

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 Thomson Reuters’ 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 company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the business posted $0.65 EPS. Amphenol Corporation’s quarterly revenue was up 7.6% on a year-over-year basis. Analysts expect that Amphenol Corporation will post $3.10 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th were paid a dividend of $0.19 per share. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, September 15th. This represents a $0.76 annualized dividend and a dividend yield of 0.88%. Amphenol Corporation’s dividend payout ratio is 25.59%.

In related news, SVP Luc Walter sold 110,400 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $77.70, for a total value of $8,578,080.00. Following the transaction, the senior vice president now directly owns 130,400 shares in the company, valued at approximately $10,132,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard Adam Norwitt sold 200,000 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $77.95, for a total transaction of $15,590,000.00. Following the completion of the transaction, the chief executive officer now owns 293,992 shares in the company, valued at $22,916,676.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 433,200 shares of company stock worth $33,886,886. 2.51% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “Toronto Dominion Bank Acquires 21,429 Shares of Amphenol Corporation (APH)” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://ledgergazette.com/2017/10/18/toronto-dominion-bank-acquires-21429-shares-of-amphenol-corporation-aph.html.

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.

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

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