Flputnam Investment Management Co. Has $7.46 Million Holdings in TE Connectivity Ltd. $TEL

Flputnam Investment Management Co. boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 10.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,965 shares of the electronics maker’s stock after purchasing an additional 3,128 shares during the period. Flputnam Investment Management Co.’s holdings in TE Connectivity were worth $7,456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TEL. Princeton Global Asset Management LLC bought a new stake in shares of TE Connectivity during the second quarter worth $26,000. Salomon & Ludwin LLC lifted its position in TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after buying an additional 66 shares in the last quarter. Neo Ivy Capital Management bought a new stake in TE Connectivity during the 2nd quarter worth about $30,000. Caldwell Trust Co acquired a new stake in TE Connectivity in the 2nd quarter valued at about $31,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Activity at TE Connectivity

In other news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction on 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 transaction, the executive vice president directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were 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 $11,246,066.45. This trade represents a 64.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by company insiders.

TE Connectivity Stock Performance

TEL stock opened at $230.18 on Monday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month 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 $67.72 billion, a P/E ratio of 37.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.25. The business’s fifty day moving average is $232.70 and its 200-day moving average is $208.35.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 EPS 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 business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the prior year, the company posted $1.95 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Equities research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The company 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 $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TEL shares. Wells Fargo & Company increased their price target on shares of TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 9th. JPMorgan Chase & Co. upped their price objective on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Finally, Evercore ISI raised their price target on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $244.85.

TE Connectivity Profile

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.