Farther Finance Advisors LLC Raises Holdings in TE Connectivity Ltd. $TEL

Farther Finance Advisors LLC boosted its position in TE Connectivity Ltd. (NYSE:TEL) by 15.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,349 shares of the electronics maker’s stock after acquiring an additional 307 shares during the period. Farther Finance Advisors LLC’s holdings in TE Connectivity were worth $396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wedge Capital Management L L P NC purchased a new stake in TE Connectivity in the 2nd quarter worth approximately $61,020,000. Vantage Wealth grew its stake in TE Connectivity by 24.6% in the 2nd quarter. Vantage Wealth now owns 120,145 shares of the electronics maker’s stock worth $20,265,000 after acquiring an additional 23,735 shares during the period. CX Institutional grew its stake in TE Connectivity by 6.4% in the 2nd quarter. CX Institutional now owns 3,478 shares of the electronics maker’s stock worth $587,000 after acquiring an additional 208 shares during the period. Baker Tilly Wealth Management LLC grew its stake in TE Connectivity by 32.1% in the 2nd quarter. Baker Tilly Wealth Management LLC now owns 3,261 shares of the electronics maker’s stock worth $550,000 after acquiring an additional 793 shares during the period. Finally, Fulton Bank N.A. grew its stake in TE Connectivity by 81.2% in the 2nd quarter. Fulton Bank N.A. now owns 2,694 shares of the electronics maker’s stock worth $454,000 after acquiring an additional 1,207 shares during the period. 91.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other TE Connectivity news, insider Aaron Kyle Stucki sold 52,900 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total value of $10,198,062.00. Following the transaction, the insider owned 23,667 shares in the company, valued at $4,562,524.26. The trade was a 69.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Malavika Sagar sold 1,945 shares of the business’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 transaction, the senior vice president owned 4,716 shares in the company, valued at $977,155.20. This represents a 29.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 124,545 shares of company stock worth $25,040,158. 0.90% of the stock is owned by corporate insiders.

TE Connectivity Stock Performance

NYSE:TEL opened at $217.16 on Monday. 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 market capitalization of $64.17 billion, a price-to-earnings ratio of 44.96, a PEG ratio of 2.58 and a beta of 1.23. The firm’s fifty day simple moving average is $206.40 and its 200 day simple moving average is $172.35. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $221.00.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.19. The business 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%. The business’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, equities research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. TE Connectivity’s payout ratio is presently 58.80%.

Analysts Set New Price Targets

Several research firms have commented on TEL. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Evercore ISI lifted their price target on shares of TE Connectivity from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Bank of America lifted their price target on shares of TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 10th. Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 24th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of TE Connectivity in a report on Friday, July 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average target price of $202.91.

About TE Connectivity

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.