Campbell & CO Investment Adviser LLC Sells 31,495 Shares of TE Connectivity Ltd. $TEL

Campbell & CO Investment Adviser LLC reduced its position in TE Connectivity Ltd. (NYSE:TEL) by 82.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,798 shares of the electronics maker’s stock after selling 31,495 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in TE Connectivity were worth $1,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in TE Connectivity by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after buying an additional 410,910 shares in the last quarter. Dodge & Cox grew its position in shares of TE Connectivity by 6.3% during the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after purchasing an additional 1,017,323 shares in the last quarter. State Street Corp raised its stake in TE Connectivity by 0.8% during the 2nd quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock valued at $2,180,693,000 after purchasing an additional 100,040 shares during the period. Ameriprise Financial Inc. lifted its holdings in TE Connectivity by 7.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock worth $1,185,474,000 after purchasing an additional 464,853 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in TE Connectivity by 27.5% in the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares during the period. 91.43% of the stock is currently owned by institutional investors.

TE Connectivity Stock Performance

Shares of NYSE:TEL opened at $241.23 on Friday. The firm has a fifty day simple moving average of $231.98 and a two-hundred day simple moving average of $217.44. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week 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 stock has a market capitalization of $70.97 billion, a P/E ratio of 39.22, a PEG ratio of 1.85 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data 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. The business had revenue of $4.75 billion for 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 was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently disclosed 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 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 presently 46.18%.

Analyst Ratings Changes

TEL has been the topic of several recent analyst reports. Robert W. Baird lifted their price objective 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. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Cowen reiterated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Truist Financial increased their price objective on shares of TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a report on Friday, December 19th. Finally, UBS Group raised their price objective on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Wednesday. One 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.23.

Insider Activity at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was 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. The trade was a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by insiders.

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.