Integrated Wealth Concepts LLC Has $660,000 Stock Position in TE Connectivity Ltd. $TEL

Integrated Wealth Concepts LLC cut its stake in TE Connectivity Ltd. (NYSE:TEL) by 1.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,670 shares of the electronics maker’s stock after selling 72 shares during the period. Integrated Wealth Concepts LLC’s holdings in TE Connectivity were worth $660,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TEL. Costello Asset Management INC bought a new stake in shares of TE Connectivity in the 1st quarter worth approximately $28,000. Millstone Evans Group LLC bought a new position in TE Connectivity in the first quarter worth $32,000. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of TE Connectivity during the 1st quarter worth about $34,000. Dagco Inc. bought a new position in TE Connectivity during the first quarter worth about $35,000. Finally, North Capital Inc. bought a new position in TE Connectivity during the first quarter worth about $46,000. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Down 1.3%

TE Connectivity stock opened at $209.71 on Friday. The company has a market cap of $61.96 billion, a P/E ratio of 43.42, a price-to-earnings-growth ratio of 2.52 and a beta of 1.23. The company has a fifty day simple moving average of $198.35 and a 200 day simple moving average of $167.41. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $215.22.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter last year, the firm posted $1.91 EPS. The company’s quarterly revenue was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Research analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a yield of 1.4%. TE Connectivity’s dividend payout ratio is currently 58.80%.

Insider Activity

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of the company’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the completion of the sale, the senior vice president directly owned 4,716 shares in the company, valued at $977,155.20. This represents a 29.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the completion of the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,272,868.24. This trade represents a 47.87% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 137,645 shares of company stock worth $27,267,158. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TEL. Evercore ISI raised their target price on TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Truist Financial lifted their target price on shares of TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. The Goldman Sachs Group reiterated a “buy” rating on shares of TE Connectivity in a research report on Friday, July 11th. Citigroup lifted their price target on TE Connectivity from $200.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. boosted their target price on shares of TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $199.55.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.