Bank of America Corp DE Reduces Stock Position in Amphenol Corporation $APH

Bank of America Corp DE reduced its stake in Amphenol Corporation (NYSE:APH) by 5.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,675,686 shares of the electronics maker’s stock after selling 1,281,766 shares during the period. Bank of America Corp DE’s holdings in Amphenol were worth $2,612,373,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Amphenol by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 126,553,498 shares of the electronics maker’s stock valued at $17,102,440,000 after buying an additional 1,322,682 shares in the last quarter. J. Stern & Co. LLP increased its position in shares of Amphenol by 9,435.8% during the fourth quarter. J. Stern & Co. LLP now owns 76,769,791 shares of the electronics maker’s stock valued at $10,374,670,000 after buying an additional 75,964,718 shares during the period. State Street Corp lifted its holdings in shares of Amphenol by 1.6% in the fourth quarter. State Street Corp now owns 56,913,598 shares of the electronics maker’s stock worth $7,705,440,000 after buying an additional 888,526 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Amphenol by 102.7% in the fourth quarter. JPMorgan Chase & Co. now owns 34,325,148 shares of the electronics maker’s stock valued at $4,638,701,000 after acquiring an additional 17,387,536 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Amphenol by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 30,318,652 shares of the electronics maker’s stock valued at $4,087,372,000 after acquiring an additional 748,813 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Trending Headlines about Amphenol

Here are the key news stories impacting Amphenol this week:

• Positive Sentiment: Amphenol reported second-quarter adjusted earnings of $1.35 per share, above the $1.19 analyst consensus and up from $0.81 a year earlier. Revenue rose 55% year over year to $8.76 billion, exceeding the $8.26 billion estimate. Amphenol earnings report
• Positive Sentiment: Management cited strong IT datacom demand, broad organic growth, acquisitions and record orders. The earnings call highlighted an AI-driven demand surge that helped produce a record quarter, supporting the outlook for continued growth. Amphenol earnings call and AI demand
• Positive Sentiment: Third-quarter guidance was well ahead of expectations: EPS of $1.40-$1.42 versus the $1.26 consensus and revenue of $9.3-$9.4 billion versus the $8.6 billion estimate. The upbeat forecast is likely the primary catalyst for the stock’s advance. Amphenol Q2 earnings and guidance
• Positive Sentiment: Analysts’ upward earnings revisions and a recent “hammer” chart pattern suggest improving technical and fundamental momentum, although these signals are less significant than the earnings and guidance beat. Amphenol technical pattern
• Negative Sentiment: A broader market sell-off tied to higher oil prices, U.S.-Iran tensions and uncertainty ahead of the Federal Reserve’s decision created a less supportive backdrop for technology and growth stocks. Market sell-off and oil prices

Insider Transactions at Amphenol

In related news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares in the company, valued at approximately $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 130,775 shares of company stock valued at $18,709,350 in the last ninety days. 1.42% of the stock is currently owned by insiders.

Amphenol Trading Up 4.7%

Shares of APH opened at $150.66 on Thursday. Amphenol Corporation has a 1-year low of $102.76 and a 1-year high of $178.52. The company has a market capitalization of $185.35 billion, a P/E ratio of 43.29, a P/E/G ratio of 1.23 and a beta of 1.24. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The firm’s 50 day simple moving average is $154.34 and its 200 day simple moving average is $144.89.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business’s quarterly revenue was up 55.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 EPS. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Sell-side analysts forecast that Amphenol Corporation will post 4.87 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol’s payout ratio is currently 28.74%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on APH. Seaport Research Partners reaffirmed a “buy” rating and set a $215.00 target price on shares of Amphenol in a report on Thursday, April 30th. Robert W. Baird raised their price target on shares of Amphenol from $177.00 to $190.00 and gave the company an “outperform” rating in a report on Monday, July 13th. Rothschild & Co Redburn boosted their price target on shares of Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen reaffirmed a “hold” rating and issued a $175.00 price target (up from $135.00) on shares of Amphenol in a report on Monday, July 13th. Finally, The Goldman Sachs Group increased their price objective on Amphenol from $184.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $187.87.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.