Donoghue Forlines LLC Makes New $2.27 Million Investment in TE Connectivity Ltd. $TEL

Donoghue Forlines LLC acquired a new stake in TE Connectivity Ltd. (NYSE:TELFree Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,323 shares of the electronics maker’s stock, valued at approximately $2,266,000. TE Connectivity comprises 0.7% of Donoghue Forlines LLC’s holdings, making the stock its 25th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC bought a new stake in TE Connectivity during the second quarter worth $26,000. SOA Wealth Advisors LLC. increased its position in shares of TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 54 shares during the last quarter. Salomon & Ludwin LLC raised its stake in shares of 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 purchasing an additional 66 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of TE Connectivity in the 3rd quarter worth about $39,000. Finally, Neo Ivy Capital Management bought a new position in TE Connectivity during the second quarter valued at about $30,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

TEL has been the topic of a number of research analyst reports. TD Cowen boosted their target price on shares of TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Robert W. Baird upped their price objective on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Truist Financial increased their price objective on TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a report on Friday, December 19th. Cowen restated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Finally, JPMorgan Chase & Co. upped their price target on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. One 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.com, TE Connectivity presently has an average rating of “Moderate Buy” and a consensus target price of $248.23.

Check Out Our Latest Stock Analysis on TEL

TE Connectivity Price Performance

Shares of NYSE TEL opened at $241.23 on Friday. 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 Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The stock has a market cap of $70.97 billion, a PE ratio of 39.22, a price-to-earnings-growth ratio of 1.85 and a beta of 1.24. The stock has a fifty day moving average of $231.98 and a 200-day moving average of $217.44.

TE Connectivity (NYSE:TELGet Free Report) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, topping the consensus estimate 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 last year, the company earned $1.95 EPS. The firm’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 research analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

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

Insiders Place Their Bets

In other 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 value of $6,198,452.33. Following the transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 value of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This represents a 64.40% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is owned by insiders.

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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