Czech National Bank Has $16.48 Million Stock Holdings in TE Connectivity Ltd. $TEL

Czech National Bank grew its position in TE Connectivity Ltd. (NYSE:TEL) by 3.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 75,046 shares of the electronics maker’s stock after buying an additional 2,560 shares during the period. Czech National Bank’s holdings in TE Connectivity were worth $16,475,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. McLean Asset Management Corp bought a new position in TE Connectivity during the third quarter worth about $237,000. Renaissance Investment Group LLC lifted its holdings in shares of TE Connectivity by 0.4% during the 3rd quarter. Renaissance Investment Group LLC now owns 61,033 shares of the electronics maker’s stock valued at $13,399,000 after purchasing an additional 217 shares in the last quarter. Gradient Investments LLC grew its position in shares of TE Connectivity by 51.4% in the 3rd quarter. Gradient Investments LLC now owns 6,426 shares of the electronics maker’s stock valued at $1,411,000 after purchasing an additional 2,181 shares during the period. Heartwood Wealth Advisors LLC bought a new stake in TE Connectivity during the 3rd quarter worth approximately $228,000. Finally, Nilsine Partners LLC acquired a new stake in TE Connectivity during the 3rd quarter worth approximately $205,000. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Performance

TEL opened at $225.91 on Friday. The business’s 50-day simple moving average is $232.39 and its 200 day simple moving average is $207.22. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56. The firm has a market capitalization of $66.46 billion, a PE ratio of 36.73, a PEG ratio of 1.71 and a beta of 1.25.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results 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 firm had revenue of $4.75 billion for 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 business’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be paid a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Wall Street Analysts Forecast Growth

TEL has been the subject of several research analyst reports. TD Cowen upped their price target on shares of TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a report on Monday, November 17th. Barclays upped their target price on shares of TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Cowen reissued a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. The Goldman Sachs Group upped their price objective on TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Finally, JPMorgan Chase & Co. lifted their target price on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $244.77.

Insider Transactions at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This trade represents a 64.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John S. Jenkins sold 25,021 shares of the company’s 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 completion of the sale, the executive vice president directly owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.90% of the company’s stock.

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.