Wealth Enhancement Advisory Services LLC Acquires 4,565 Shares of TE Connectivity Ltd. $TEL

Wealth Enhancement Advisory Services LLC increased its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 11.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 43,270 shares of the electronics maker’s stock after acquiring an additional 4,565 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in TE Connectivity were worth $7,542,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TEL. Brighton Jones LLC bought a new stake in shares of TE Connectivity during the 4th quarter worth approximately $820,000. Waverly Advisors LLC bought a new stake in shares of TE Connectivity during the 4th quarter worth approximately $215,000. Integrated Advisors Network LLC lifted its stake in shares of TE Connectivity by 2.4% during the 4th quarter. Integrated Advisors Network LLC now owns 4,368 shares of the electronics maker’s stock worth $624,000 after acquiring an additional 101 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of TE Connectivity by 2.2% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 12,732 shares of the electronics maker’s stock worth $1,820,000 after acquiring an additional 274 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its stake in shares of TE Connectivity by 2,334.5% during the 4th quarter. Jefferies Financial Group Inc. now owns 32,500 shares of the electronics maker’s stock worth $4,647,000 after acquiring an additional 31,165 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

TE Connectivity Trading Up 0.4%

Shares of NYSE:TEL opened at $219.47 on Wednesday. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $221.00. The business’s fifty day simple moving average is $204.12 and its 200-day simple moving average is $170.67. The company has a market capitalization of $64.85 billion, a PE ratio of 45.44, a P/E/G ratio of 2.60 and a beta of 1.23. 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 (NYSE:TEL) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same period last year, the business posted $1.91 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, equities research analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a $0.71 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is presently 58.80%.

Analyst Ratings Changes

Several research analysts have commented on the company. UBS Group raised their price objective on TE Connectivity from $185.00 to $201.00 and gave the stock a “buy” rating in a report on Monday, July 14th. The Goldman Sachs Group restated a “buy” rating on shares of TE Connectivity in a report on Friday, July 11th. JPMorgan Chase & Co. raised their price objective on TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 31st. Finally, Robert W. Baird set a $232.00 price objective on TE Connectivity in a report on Wednesday, September 3rd. 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 data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $199.55.

Insiders Place Their Bets

In other news, EVP John S. Jenkins sold 45,850 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total value of $9,597,780.50. Following the completion of the sale, the executive vice president owned 24,625 shares of the company’s stock, valued at $5,154,751.25. This trade represents a 65.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the completion of the sale, the insider directly owned 25,976 shares of the company’s stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 137,645 shares of company stock worth $27,267,158 over the last quarter. Company insiders own 0.90% of the company’s stock.

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.