Focus Partners Wealth Reduces Stock Holdings in TE Connectivity Ltd. $TEL

Focus Partners Wealth decreased its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 1.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 45,983 shares of the electronics maker’s stock after selling 693 shares during the period. Focus Partners Wealth’s holdings in TE Connectivity were worth $6,499,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ransom Advisory Ltd purchased a new position in TE Connectivity in the first quarter worth about $34,000. Plato Investment Management Ltd lifted its stake in shares of TE Connectivity by 1.1% in the 1st quarter. Plato Investment Management Ltd now owns 12,454 shares of the electronics maker’s stock worth $1,779,000 after purchasing an additional 136 shares during the period. Security National Bank of Sioux City Iowa IA grew its position in shares of TE Connectivity by 3.0% during the 1st quarter. Security National Bank of Sioux City Iowa IA now owns 14,440 shares of the electronics maker’s stock valued at $2,041,000 after acquiring an additional 423 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in TE Connectivity by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,719,610 shares of the electronics maker’s stock worth $384,335,000 after buying an additional 193,580 shares in the last quarter. Finally, Optimize Financial Inc raised its stake in TE Connectivity by 4.0% during the 1st quarter. Optimize Financial Inc now owns 12,475 shares of the electronics maker’s stock worth $1,763,000 after acquiring an additional 476 shares during the period. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Down 1.3%

TEL stock opened at $209.71 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average of $198.35 and a two-hundred day moving average of $167.52. The company has a market cap of $61.96 billion, a price-to-earnings ratio of 43.42, a PEG ratio of 2.52 and a beta of 1.23. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $215.22.

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

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid 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, insider Aaron Kyle Stucki sold 52,900 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of the transaction, the insider owned 23,667 shares in the company, valued at approximately $4,562,524.26. This represents a 69.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 45,850 shares of the business’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the completion of the sale, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 137,645 shares of company stock valued at $27,267,158. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TEL has been the subject of several research analyst reports. UBS Group raised their target price on shares of TE Connectivity from $185.00 to $201.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Wall Street Zen downgraded shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Evercore ISI lifted 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. KGI Securities upgraded TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Finally, Truist Financial raised their price objective on TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $199.55.

TE Connectivity 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.