Bank of America 13F: Cuts Amphenol (APH) Stake by $213M

Bank of America Trims Amphenol Corporation Holding

Bank of America lowered its exposure to Amphenol Corporation (NYSE: APH) during the reporting period, according to a recent Form 13F filing with the Securities and Exchange Commission. The major financial institution remains a massive holder in the electronic components maker despite easing back its position.

Position Details and Share Reduction

The fund cut its holdings by 1,281,766 shares, which translates to a 5.8% reduction from the previous quarter. Bank of America finished the period holding 20,675,686 shares of Amphenol Corporation. Based on recent market prices, the remaining stake carries a total value of roughly $3.44 billion.

Amphenol Corporation Stock Performance

Amphenol Corporation shares trade around $166.42. The company carries a price-to-earnings ratio of 40.7 and a forward P/E of 24.4. Its 52-week trading range spans from a low of $59.01 up to a high of $89.93, while the 50-day moving average sits at $82.36.

Dividend and Yield

Amphenol Corporation pays an annual dividend yielding 0.61%. The company maintains a conservative dividend payout ratio of 22.9%, giving it plenty of room to fund ongoing operations while returning cash to shareholders.

Analysts Set New Price Targets

Wall Street firms maintain an active dialogue on Amphenol Corporation, holding a consensus recommendation of strong buy. Recent updates include Evercore ISI Group maintaining an outperform rating with a $100 price target on October 12, 2026. Citigroup kept a buy rating and raised its target to $112 on October 8, 2026. UBS maintained a buy rating with a $105 target on October 7, 2026, and Goldman Sachs held a buy rating while lifting its target to $116 on October 6, 2026. The stock currently carries 19 analyst opinions with a mean price target of $102.97.

Inside Amphenol Corporation

Founded in 1932 and headquartered in Wallingford, Connecticut, Amphenol Corporation designs and manufactures electrical, electronic, and fiber optic connectors. The company serves diverse sectors including communications networks, aerospace, automotive, industrial, and mobile device markets through its various operating segments.

What's Ahead for Amphenol Corporation

Investors tracking Bank of America and other major institutions will eye the next SEC filings to see if the reduction was a one-time portfolio rebalance or the start of a broader trend. Amphenol Corporation is scheduled to report its next batch of earnings on October 28, 2026. Remember that 13F filings look backward at past quarters and may not reflect current holdings.