Becker Capital Management Inc. Sells 5,234 Shares of TE Connectivity Ltd. $TEL

Becker Capital Management Inc. lessened its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,021 shares of the electronics maker’s stock after selling 5,234 shares during the period. Becker Capital Management Inc.’s holdings in TE Connectivity were worth $17,714,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of TE Connectivity by 1.1% in the second quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after buying an additional 410,910 shares in the last quarter. Dodge & Cox raised its holdings in shares of TE Connectivity by 6.3% in the 2nd 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 position in shares of 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 increased its position in shares of TE Connectivity by 17.2% in 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 purchasing an additional 1,097,035 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in TE Connectivity by 17.1% in the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after purchasing an additional 960,276 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction that occurred 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 completion of the sale, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction that occurred 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 sale, the chief financial officer owned 45,503 shares in the company, valued at approximately $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. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity Stock Up 3.2%

Shares of NYSE TEL opened at $243.75 on Thursday. The firm’s fifty day moving average is $231.45 and its 200 day moving average is $204.62. 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 company has a market cap of $71.71 billion, a price-to-earnings ratio of 39.63, a PEG ratio of 1.81 and a beta of 1.25.

TE Connectivity (NYSE:TEL) last released 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 firm had revenue of $4.75 billion for 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 company’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on TEL shares. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. The Goldman Sachs Group upped their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Barclays lifted their price target on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Wells Fargo & Company increased their price objective on TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Citigroup boosted their target price on TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $244.77.

TE Connectivity 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.