2,248 Shares in TE Connectivity Ltd. $TEL Acquired by West Paces Advisors Inc.

West Paces Advisors Inc. bought a new position in TE Connectivity Ltd. (NYSE:TELFree Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,248 shares of the electronics maker’s stock, valued at approximately $494,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. grew its holdings in shares of TE Connectivity by 12.1% in the third quarter. Asset Management One Co. Ltd. now owns 143,096 shares of the electronics maker’s stock worth $31,414,000 after acquiring an additional 15,400 shares during the period. Trust Co. of Oklahoma bought a new position in TE Connectivity in the third quarter valued at about $202,000. Alpha Omega Wealth Management LLC purchased a new position in TE Connectivity in the third quarter worth about $208,000. Proffitt & Goodson Inc. grew its stake in shares of TE Connectivity by 330.2% during the 3rd quarter. Proffitt & Goodson Inc. now owns 185 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 142 shares during the period. Finally, Fulton Bank N.A. increased its position in shares of TE Connectivity by 8.7% during the 3rd quarter. Fulton Bank N.A. now owns 2,929 shares of the electronics maker’s stock valued at $643,000 after purchasing an additional 235 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP John S. Jenkins sold 25,021 shares of the company’s 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 completion of the transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity 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 sale, the chief financial officer owned 45,503 shares in the company, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.90% of the company’s stock.

TE Connectivity Trading Up 2.5%

Shares of TEL stock opened at $233.17 on Monday. 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 $68.60 billion, a PE ratio of 37.91, a PEG ratio of 1.79 and a beta of 1.24. The stock has a fifty day simple moving average of $233.69 and a two-hundred day simple moving average of $213.05.

TE Connectivity (NYSE:TELGet Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating the consensus estimate of $2.29 by $0.15. The business had revenue of $4.75 billion for the quarter, compared to the consensus estimate 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 in the previous year, the business earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

The firm 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. This represents a $2.84 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is presently 46.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TEL shares. TD Cowen raised their price objective on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Citigroup increased their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Barclays upped their price objective on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Finally, UBS Group lifted their target price on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $244.85.

View Our Latest Stock Report on TE Connectivity

About TE Connectivity

(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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