TE Connectivity Ltd. $TEL Shares Sold by Ardsley Advisory Partners LP

Ardsley Advisory Partners LP lowered its holdings in TE Connectivity Ltd. (NYSE:TEL) by 21.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,500 shares of the electronics maker’s stock after selling 15,900 shares during the period. TE Connectivity comprises 1.3% of Ardsley Advisory Partners LP’s portfolio, making the stock its 19th largest position. Ardsley Advisory Partners LP’s holdings in TE Connectivity were worth $10,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of TE Connectivity by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock valued at $6,458,766,000 after buying an additional 410,910 shares during the last quarter. Dodge & Cox raised its holdings in TE Connectivity by 6.3% in the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after acquiring an additional 1,017,323 shares in the last quarter. State Street Corp boosted its stake in TE Connectivity by 0.8% during the 2nd quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock valued at $2,180,693,000 after acquiring an additional 100,040 shares during the last quarter. Wellington Management Group LLP grew its holdings in TE Connectivity by 17.2% during the 1st 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of TE Connectivity by 17.1% in the 1st quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock worth $927,571,000 after purchasing an additional 960,276 shares during the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

TE Connectivity Trading Up 1.0%

TE Connectivity stock opened at $236.22 on Wednesday. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $69.49 billion, a price-to-earnings ratio of 38.41, a PEG ratio of 1.80 and a beta of 1.25. The firm has a 50-day moving average price of $231.01 and a two-hundred day moving average price of $204.34.

TE Connectivity (NYSE:TEL) last released 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. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The company had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.57 billion. During the same quarter in the previous year, the company posted $1.95 earnings per share. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

Analyst Ratings Changes

TEL has been the topic of several research analyst reports. Wells Fargo & Company increased their price target on shares of TE Connectivity from $241.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. TD Cowen lifted their target price on TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Barclays upped their price target on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Finally, Truist Financial decreased their price objective on shares of TE Connectivity from $255.00 to $239.00 and set a “hold” rating for the company in a report on Friday, November 21st. 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. According to MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average target price of $244.77.

Insider Buying and Selling at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction on 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 completion of the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction dated 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 approximately $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.90% of the company’s stock.

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.