TE Connectivity Ltd. $TEL Shares Sold by Capital Fund Management S.A.

Capital Fund Management S.A. trimmed its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 93.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,780 shares of the electronics maker’s stock after selling 178,028 shares during the period. Capital Fund Management S.A.’s holdings in TE Connectivity were worth $1,987,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TEL. Johnson Financial Group Inc. boosted its position in shares of TE Connectivity by 15.0% during the second quarter. Johnson Financial Group Inc. now owns 1,371 shares of the electronics maker’s stock worth $231,000 after buying an additional 179 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in TE Connectivity by 10.0% during the 2nd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 5,500 shares of the electronics maker’s stock valued at $928,000 after acquiring an additional 500 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in TE Connectivity during the 2nd quarter worth $54,000. Quadrant Capital Group LLC grew its stake in shares of TE Connectivity by 58.4% in the second quarter. Quadrant Capital Group LLC now owns 9,954 shares of the electronics maker’s stock worth $1,679,000 after purchasing an additional 3,670 shares in the last quarter. Finally, Vinva Investment Management Ltd increased its holdings in shares of TE Connectivity by 64.5% during the second quarter. Vinva Investment Management Ltd now owns 17,507 shares of the electronics maker’s stock valued at $2,921,000 after purchasing an additional 6,866 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Trading Up 0.7%

TE Connectivity stock opened at $231.17 on Thursday. The firm has a market cap of $68.01 billion, a price-to-earnings ratio of 37.59, a price-to-earnings-growth ratio of 1.73 and a beta of 1.25. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The firm’s 50 day moving average price is $229.63 and its two-hundred day moving average price is $201.96. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.15. The business had revenue of $4.75 billion during 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%.The company’s revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be paid 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 yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Insider Activity

In other news, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president owned 20,903 shares in the company, valued at $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of the company’s 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 of the company’s stock, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their position. The SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

TEL has been the subject of several research analyst reports. Evercore ISI upped their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. The Goldman Sachs Group increased their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a report on Monday, September 29th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Finally, Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.46.

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.