TE Connectivity Ltd. $TEL Stock Holdings Lifted by Advisors Capital Management LLC

Advisors Capital Management LLC lifted its stake in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,236 shares of the electronics maker’s stock after acquiring an additional 1,711 shares during the quarter. Advisors Capital Management LLC’s holdings in TE Connectivity were worth $22,304,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TEL. Avalon Trust Co grew its position in TE Connectivity by 146.7% during the 2nd quarter. Avalon Trust Co now owns 222 shares of the electronics maker’s stock worth $37,000 after purchasing an additional 132 shares in the last quarter. WASHINGTON TRUST Co boosted its position in shares of TE Connectivity by 8.7% in the second quarter. WASHINGTON TRUST Co now owns 51,127 shares of the electronics maker’s stock worth $8,624,000 after buying an additional 4,098 shares during the period. Bailard Inc. grew its holdings in shares of TE Connectivity by 24.6% during the second quarter. Bailard Inc. now owns 14,952 shares of the electronics maker’s stock valued at $2,522,000 after buying an additional 2,950 shares in the last quarter. PNC Financial Services Group Inc. raised its position in TE Connectivity by 1.7% during the second quarter. PNC Financial Services Group Inc. now owns 113,464 shares of the electronics maker’s stock valued at $19,138,000 after buying an additional 1,891 shares during the period. Finally, Wealth Alliance LLC purchased a new stake in TE Connectivity in the 2nd quarter worth about $463,000. 91.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares in the company, valued at $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 131,171 shares of company stock valued at $31,380,209 over the last 90 days. 0.90% of the stock is owned by company insiders.

TE Connectivity Stock Down 4.1%

TEL opened at $236.17 on Friday. The business has a 50 day moving average of $225.81 and a 200-day moving average of $194.49. The stock has a market capitalization of $69.78 billion, a price-to-earnings ratio of 38.40, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67.

TE Connectivity (NYSE:TELGet Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. The company had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. TE Connectivity’s payout ratio is presently 46.18%.

Analyst Ratings Changes

A number of research firms have issued reports on TEL. Truist Financial increased their target price on shares of TE Connectivity from $200.00 to $255.00 and gave the stock a “hold” rating in a research report on Thursday, October 30th. UBS Group increased their price objective on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. KGI Securities raised TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Wells Fargo & Company upped their target price on TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 30th. Finally, Citigroup lifted their price target on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $241.58.

View Our Latest Stock Analysis on TEL

About TE Connectivity

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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