Allworth Financial LP Grows Stake in TE Connectivity Ltd. $TEL

Allworth Financial LP increased its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 68.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,422 shares of the electronics maker’s stock after purchasing an additional 981 shares during the quarter. Allworth Financial LP’s holdings in TE Connectivity were worth $409,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TEL. Nordea Investment Management AB boosted its stake in shares of TE Connectivity by 54.4% during the 2nd quarter. Nordea Investment Management AB now owns 1,605,782 shares of the electronics maker’s stock worth $269,723,000 after purchasing an additional 565,857 shares during the last quarter. Foresight Group Ltd Liability Partnership acquired a new stake in TE Connectivity during the first quarter worth approximately $31,983,000. Syntegra Private Wealth Group LLC acquired a new stake in TE Connectivity during the second quarter worth approximately $215,000. Ascent Group LLC purchased a new stake in TE Connectivity in the 1st quarter worth approximately $364,000. Finally, KLP Kapitalforvaltning AS raised its holdings in TE Connectivity by 3.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 110,533 shares of the electronics maker’s stock valued at $18,686,000 after acquiring an additional 3,700 shares during the last quarter. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Trading Up 0.4%

Shares of NYSE:TEL opened at $237.14 on Monday. The company’s 50-day moving average price is $226.39 and its two-hundred day moving average price is $195.83. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 0.96. The stock has a market capitalization of $69.76 billion, a PE ratio of 38.56, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.15. The business had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.TE Connectivity’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 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Insider Activity at TE Connectivity

In related news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were 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 owned 25,976 shares in the company, valued at $5,272,868.24. This represents a 47.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 131,171 shares of company stock worth $31,380,209. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Evercore ISI lifted their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $241.58.

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.