7,411 Shares in TE Connectivity Ltd. $TEL Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. acquired a new stake in TE Connectivity Ltd. (NYSE:TEL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,411 shares of the electronics maker’s stock, valued at approximately $1,250,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Norges Bank acquired a new position in TE Connectivity during the 2nd quarter worth approximately $609,158,000. Valeo Financial Advisors LLC raised its stake 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 valued at $299,490,000 after purchasing an additional 1,771,153 shares during the period. Bank of America Corp DE lifted its position in shares of TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares in the last quarter. Wellington Management Group LLP boosted its stake 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 valued at $1,054,133,000 after purchasing an additional 1,097,035 shares during the period. Finally, Dodge & Cox grew its holdings in TE Connectivity by 6.3% during the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after purchasing an additional 1,017,323 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity 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 transaction, the executive vice president directly 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 sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $20,340,445.00. Following the transaction, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TEL. Cowen reiterated a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Truist Financial dropped their target price on TE Connectivity from $255.00 to $239.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Barclays increased their price target on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Weiss Ratings restated a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. Finally, TD Cowen increased their target price on TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $244.77.

TE Connectivity Stock Performance

TEL stock opened at $230.65 on Tuesday. The stock’s 50 day simple moving average is $232.26 and its 200 day simple moving average is $206.51. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The firm has a market cap of $67.85 billion, a P/E ratio of 37.50, a P/E/G ratio of 1.77 and a beta of 1.25. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The firm’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

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.