Pacer Advisors Inc. Raises Stock Holdings in TE Connectivity Ltd. $TEL

Pacer Advisors Inc. increased its stake in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 33.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,875 shares of the electronics maker’s stock after purchasing an additional 10,484 shares during the quarter. Pacer Advisors Inc.’s holdings in TE Connectivity were worth $9,193,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in TEL. Dakota Community Bank & Trust NA boosted its stake in shares of TE Connectivity by 5.4% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock worth $209,000 after purchasing an additional 49 shares during the last quarter. Security National Bank of SO Dak boosted its position in TE Connectivity by 0.5% during the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after acquiring an additional 50 shares during the last quarter. Fidelis Capital Partners LLC grew its stake in TE Connectivity by 1.6% in the 2nd quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock worth $565,000 after acquiring an additional 52 shares during the period. Rossby Financial LCC raised its holdings in TE Connectivity by 6.0% in the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock valued at $169,000 after acquiring an additional 57 shares during the last quarter. Finally, Premier Path Wealth Partners LLC lifted its stake in shares of TE Connectivity by 2.8% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock worth $348,000 after purchasing an additional 57 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

Analyst Ratings Changes

TEL has been the subject of a number of recent analyst reports. TD Cowen lifted their price objective on TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, November 17th. The Goldman Sachs Group lifted their price target on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a report on Monday, September 29th. Truist Financial increased their price objective on shares of TE Connectivity from $239.00 to $240.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Finally, Evercore ISI upped their price target on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Two investment 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 data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus target price of $244.85.

Read Our Latest Stock Report on TEL

Insider Transactions at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John S. Jenkins sold 25,021 shares of the 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 of the company’s stock, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.90% of the company’s stock.

TE Connectivity Stock Up 0.1%

Shares of NYSE:TEL opened at $232.18 on Monday. The stock has a 50-day simple moving average of $233.74 and a 200-day simple moving average of $210.73. The stock has a market capitalization of $68.31 billion, a P/E ratio of 37.75, a PEG ratio of 1.78 and a beta of 1.25. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year 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.

TE Connectivity (NYSE:TELGet Free Report) last announced 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. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The firm had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.57 billion. During the same period in the previous year, the company posted $1.95 earnings per share. TE Connectivity’s revenue was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Equities analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is 46.18%.

TE Connectivity Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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