Fjarde Ap-Fonden /Fourth Swedish National Pension Fund 13F: Adds $48M to APH Stake

Fjarde Ap-Fonden /Fourth Swedish National Pension Fund has boosted its position in Amphenol Corporation (NYSE: APH) by 571,551 shares, increasing its total to about 1.24 million shares valued at approximately $104.8 million. This change was disclosed in a filing on October 15, 2026. The position reflects a strong commitment to the technology sector amid ongoing market developments.

What Changed in Fjarde Ap-Fonden's Amphenol Position

Fjarde Ap-Fonden added 571,551 shares to its holdings, marking an 85.1% increase from the previous total of 671,539 shares. The increased stake reinforces the fund's positive outlook on Amphenol.

Other Institutional Activity in Amphenol

Several other institutional investors have also adjusted their holdings in Amphenol Corporation. Blackrock Inc. reduced its stake by 1,427,521 shares, leaving it with about 202.5 million shares valued at around $16.1 billion. Vanguard Capital Management LLC increased its holdings by 942,536 shares, bringing its total to approximately 160.7 million shares worth about $12.8 billion. Meanwhile, FMR, LLC decreased its shares by 17,819,091, now holding around 141.1 million shares valued at about $11.2 billion. State Street Corporation added 4,190,048 shares, ending with 118.9 million shares worth approximately $9.4 billion. Capital International Investors grew its stake by 15,405,426 shares, totaling around 86.1 million shares valued at about $6.8 billion.

Amphenol Corporation Stock Down 3.6%

As of October 16, 2026, Amphenol shares are trading around $79.74, which is below its 50-day moving average of $82.36 but above its 52-week low of $59.01. The stock is currently about 11.3% under its 52-week high of $89.93 and is trading 22.6% below the mean price target of $102.97 set by analysts.

Recent Earnings

Amphenol reported a trailing twelve-month revenue of about $29 billion, with an earnings per share (EPS) of $2.00. The company has shown robust revenue growth of 55% year-over-year and a net profit margin of 17.7%. The next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Amphenol Corporation

Recent insider transactions include Chief Executive Officer Richard Adam Norwitt, who sold 686,104 shares valued at approximately $111 million on July 31, 2026. General Counsel Lance E D'Amico sold 100,000 shares for about $16.2 million on August 3, 2026. Chief Financial Officer Craig A Lampo sold 193,200 shares at an average price of $167.31, totaling about $32.3 million, and Officer David M Silverman sold 120,000 shares for around $20.9 million on August 5, 2026.

Analysts Set New Price Targets

On September 23, 2026, Bernstein initiated coverage on Amphenol with an Outperform rating and a price target of $99. Goldman Sachs maintained a Buy rating on October 6, raising its target from $102 to $116. UBS also kept its Buy rating with a new target of $105 following a previous target of $99 on October 7. Citigroup maintained its Buy rating and raised its target from $105 to $112 on October 8. Evercore ISI Group retained an Outperform rating with a target increase from $90 to $100 on October 12.

About Amphenol Corporation

Amphenol Corporation designs and manufactures various electrical, electronic, and fiber optic connectors used in communications and other applications. The company operates in several segments, including Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems. The recent boost by Fjarde Ap-Fonden reflects growing institutional confidence in Amphenol's offerings in the tech space.

Bottom Line

Investors should monitor Amphenol's upcoming earnings report on October 28, 2026, for further insights into its performance. Given that this filing reflects holdings as of the end of the reporting period, it may not represent the fund's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.