Lansforsakringar Fondforvaltning AB publ Acquires 4,455 Shares of TE Connectivity Ltd. $TEL

Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,034 shares of the electronics maker’s stock after purchasing an additional 4,455 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in TE Connectivity were worth $20,863,000 as of its most recent SEC filing.

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

TE Connectivity Stock Performance

Shares of TEL opened at $234.56 on Monday. The firm’s fifty day simple moving average is $229.79 and its two-hundred day simple moving average is $224.67. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $68.83 billion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 1.79 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same period in the previous year, the business earned $1.95 EPS. The firm’s revenue 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. As a group, analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

Analyst Ratings Changes

A number of research firms have recently weighed in on TEL. The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a research note on Wednesday, January 21st. Evercore boosted their price objective on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Oppenheimer increased their target price on TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Finally, Citigroup lifted their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and an average price target of $251.93.

Insider Activity at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the sale, the executive vice president owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Shadrak W. Kroeger sold 6,565 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $233.64, for a total transaction of $1,533,846.60. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at $6,069,032.64. This trade represents a 20.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 23,545 shares of company stock valued at $5,436,928 in the last three months. Corporate insiders own 0.60% of the company’s stock.

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.