Compass Wealth Management LLC Sells 24,578 Shares of TE Connectivity Ltd. $TEL

Compass Wealth Management LLC lowered its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 64.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,631 shares of the electronics maker’s stock after selling 24,578 shares during the quarter. Compass Wealth Management LLC’s holdings in TE Connectivity were worth $2,992,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Princeton Global Asset Management LLC acquired a new stake in shares of TE Connectivity in the second quarter valued at approximately $26,000. Neo Ivy Capital Management acquired a new stake in shares of TE Connectivity in the 2nd quarter valued at $30,000. Salomon & Ludwin LLC raised its position in shares of TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 66 shares during the last quarter. Caldwell Trust Co acquired a new position in shares of TE Connectivity during the second quarter valued at $31,000. Finally, Richardson Financial Services Inc. bought a new position in TE Connectivity in the second quarter valued at about $33,000. 91.43% of the stock is owned by institutional investors.

TE Connectivity Trading Up 0.8%

NYSE TEL opened at $225.60 on Tuesday. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The firm has a market cap of $66.22 billion, a P/E ratio of 32.55, a P/E/G ratio of 1.70 and a beta of 1.24. The stock’s 50-day moving average is $230.72 and its 200-day moving average is $220.19.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same period in the prior year, the business earned $1.95 EPS. TE Connectivity’s revenue for the quarter was up 21.7% compared to the same quarter last year. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business 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. 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 1.3%. TE Connectivity’s dividend payout ratio is presently 40.98%.

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 25,021 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was 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 directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. 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. Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. The Goldman Sachs Group set a $306.00 target price on shares of TE Connectivity in a report on Wednesday, January 21st. UBS Group upped their target price on shares of TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised their price target on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.38.

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.