TE Connectivity Ltd. $TEL Shares Purchased by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. grew its position in TE Connectivity Ltd. (NYSE:TEL) by 40,481.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 680,548 shares of the electronics maker’s stock after acquiring an additional 678,871 shares during the quarter. Bahl & Gaynor Inc. owned about 0.23% of TE Connectivity worth $114,788,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TEL. Vanguard Group Inc. lifted its holdings in TE Connectivity by 17.0% in the 1st quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock valued at $5,353,401,000 after purchasing an additional 5,502,415 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock worth $299,490,000 after buying an additional 1,771,153 shares in the last quarter. Nuveen LLC purchased a new position in shares of TE Connectivity in the first quarter worth about $174,700,000. Wellington Management Group LLP boosted its position in TE Connectivity by 17.2% during the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock worth $1,054,133,000 after acquiring an additional 1,097,035 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in TE Connectivity by 17.1% during the 1st quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after acquiring an additional 960,276 shares in the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

TE Connectivity Stock Up 2.0%

Shares of TEL opened at $218.74 on Friday. The company’s 50-day moving average price is $228.04 and its 200 day moving average price is $197.87. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The firm has a market cap of $64.35 billion, a P/E ratio of 35.57, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. The business 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 for the quarter was up 16.7% on a year-over-year basis. During the same period last year, the business earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently declared 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. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Insider Activity

In related news, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the transaction, the chief financial officer directly owned 45,503 shares in the company, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 131,171 shares of company stock valued at $31,380,209. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TEL. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Wells Fargo & Company boosted their price objective on TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Finally, Citigroup upped their price objective on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $244.46.

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.