Anchor Capital Advisors LLC Has $50.32 Million Stake in TE Connectivity Ltd. $TEL

Anchor Capital Advisors LLC decreased its holdings in TE Connectivity Ltd. (NYSE:TEL) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 229,214 shares of the electronics maker’s stock after selling 7,918 shares during the quarter. TE Connectivity makes up about 1.5% of Anchor Capital Advisors LLC’s investment portfolio, making the stock its 21st largest position. Anchor Capital Advisors LLC owned approximately 0.08% of TE Connectivity worth $50,319,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Cornerstone Wealth Group LLC bought a new position in shares of TE Connectivity in the third quarter valued at about $213,000. Sage Mountain Advisors LLC acquired a new stake in TE Connectivity in the 3rd quarter valued at about $292,000. Inscription Capital LLC raised its stake in shares of TE Connectivity by 36.0% in the third quarter. Inscription Capital LLC now owns 4,764 shares of the electronics maker’s stock worth $1,046,000 after acquiring an additional 1,262 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of TE Connectivity in the third quarter worth about $71,000. Finally, Arkadios Wealth Advisors lifted its position in shares of TE Connectivity by 3.8% during the third quarter. Arkadios Wealth Advisors now owns 1,886 shares of the electronics maker’s stock worth $414,000 after purchasing an additional 69 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Down 3.3%

Shares of TE Connectivity stock opened at $233.11 on Wednesday. The company has a market capitalization of $68.43 billion, a P/E ratio of 37.90, a price-to-earnings-growth ratio of 1.89 and a beta of 1.24. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. The business has a 50-day moving average of $231.56 and a two-hundred day moving average of $218.63. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.15. The company had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The firm’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors 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 (DPR) is 46.18%.

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 25,021 shares of the firm’s 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 directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction that occurred on 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 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 SEC filing for this sale provides additional information. Company insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Truist Financial raised their price target 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. Evercore ISI increased their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. boosted their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. UBS Group upped their price target on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Barclays raised their price target on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a report on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $248.23.

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.