Cerity Partners LLC Increases Stock Position in TE Connectivity Ltd. $TEL

Cerity Partners LLC grew its holdings in TE Connectivity Ltd. (NYSE:TEL) by 10.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 55,200 shares of the electronics maker’s stock after buying an additional 5,245 shares during the quarter. Cerity Partners LLC’s holdings in TE Connectivity were worth $12,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SeaBridge Investment Advisors LLC boosted its holdings in TE Connectivity by 118.0% in the third quarter. SeaBridge Investment Advisors LLC now owns 18,217 shares of the electronics maker’s stock worth $3,999,000 after acquiring an additional 9,862 shares in the last quarter. Kathmere Capital Management LLC purchased a new stake in shares of TE Connectivity in the 3rd quarter worth $283,000. Spirepoint Private Client LLC bought a new position in shares of TE Connectivity during the 3rd quarter valued at approximately $203,000. Gladstone Institutional Advisory LLC increased its stake in shares of TE Connectivity by 14.3% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,691 shares of the electronics maker’s stock worth $810,000 after purchasing an additional 462 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of TE Connectivity by 530.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 539,711 shares of the electronics maker’s stock worth $118,483,000 after purchasing an additional 454,149 shares in the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TEL. Robert W. Baird upped their target price on shares of TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. Truist Financial raised their target price on shares of TE Connectivity from $239.00 to $240.00 and gave the stock a “hold” rating in a research report on Friday, December 19th. The Goldman Sachs Group raised their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Zacks Research cut TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, TE Connectivity has an average rating of “Moderate Buy” and a consensus price target of $244.85.

Insider Buying and Selling

In related news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction that occurred on 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Heath A. Mitts sold 82,300 shares of the 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 transaction, the chief financial officer directly owned 45,503 shares in the company, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.90% of the company’s stock.

TE Connectivity Stock Up 1.6%

Shares of TEL opened at $231.57 on Friday. 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 stock has a fifty day simple moving average of $232.62 and a two-hundred day simple moving average of $215.00. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a market capitalization of $68.12 billion, a PE ratio of 37.65, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24.

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, beating the consensus estimate of $2.29 by $0.15. The business had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a yield of 1.2%. TE Connectivity’s dividend payout ratio is presently 46.18%.

TE Connectivity Company 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.