Core Alternative Capital Has $4.70 Million Position in TE Connectivity Ltd. $TEL

Core Alternative Capital reduced its stake in TE Connectivity Ltd. (NYSE:TEL) by 9.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,422 shares of the electronics maker’s stock after selling 2,351 shares during the period. Core Alternative Capital’s holdings in TE Connectivity were worth $4,703,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HHM Wealth Advisors LLC boosted its holdings in TE Connectivity by 11.8% in the third quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock worth $89,000 after acquiring an additional 43 shares in the last quarter. Dakota Community Bank & Trust NA grew its position in TE Connectivity by 5.4% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock valued at $209,000 after purchasing an additional 49 shares during the period. Csenge Advisory Group increased its stake in TE Connectivity by 3.2% during the 3rd quarter. Csenge Advisory Group now owns 1,602 shares of the electronics maker’s stock valued at $352,000 after purchasing an additional 50 shares in the last quarter. Security National Bank of SO Dak raised its holdings in TE Connectivity by 0.5% during the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after buying an additional 50 shares during the last quarter. Finally, Fidelis Capital Partners LLC lifted its stake in shares of TE Connectivity by 1.6% in the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after buying an additional 52 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

Insiders Place Their Bets

In related news, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares in the company, valued at approximately $11,246,066.45. This trade 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.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Weiss Ratings lowered shares of TE Connectivity from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Citigroup lifted their target price on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Truist Financial increased their price target on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Evercore ISI lifted their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Finally, UBS Group increased their target price on shares of TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, TE Connectivity has an average rating of “Moderate Buy” and an average target price of $250.86.

TE Connectivity Trading Up 2.4%

NYSE TEL opened at $231.01 on Wednesday. The business’s fifty day moving average is $230.71 and its 200-day moving average is $220.57. 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 stock has a market capitalization of $67.78 billion, a price-to-earnings ratio of 33.33, a PEG ratio of 1.72 and a beta of 1.24. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data 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. The business had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.95 earnings per share. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Equities research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

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 issued a dividend of $0.71 per share. 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 is 40.98%.

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.