Contravisory Investment Management Inc. Purchases Shares of 3,025 TE Connectivity Ltd. $TEL

Contravisory Investment Management Inc. purchased a new position in TE Connectivity Ltd. (NYSE:TEL) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,025 shares of the electronics maker’s stock, valued at approximately $664,000.

A number of other large investors have also made changes to their positions in the stock. Norges Bank acquired a new stake in TE Connectivity during the second quarter worth about $609,158,000. Valeo Financial Advisors LLC raised its holdings in TE Connectivity by 39,846.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock valued at $299,490,000 after acquiring an additional 1,771,153 shares in the last quarter. Bank of America Corp DE lifted its position in shares of TE Connectivity by 27.5% in the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after acquiring an additional 1,352,152 shares during the period. Dodge & Cox grew its holdings in shares of TE Connectivity by 6.3% during the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after purchasing an additional 1,017,323 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of TE Connectivity by 17.1% during 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 during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TEL. Evercore ISI lifted their price target on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Citigroup lifted their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. 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, December 9th. The Goldman Sachs Group raised their price target on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Finally, JPMorgan Chase & Co. increased their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.77.

TE Connectivity Stock Performance

NYSE:TEL opened at $225.91 on Friday. The stock has a market capitalization of $66.46 billion, a P/E ratio of 36.73, a price-to-earnings-growth ratio of 1.71 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 Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The firm has a 50 day moving average of $232.39 and a 200-day moving average of $207.22.

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. The firm had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The business’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the firm posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts anticipate 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, March 13th. Investors of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.3%. TE Connectivity’s dividend payout ratio is 46.18%.

Insider Transactions at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by corporate insiders.

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.