Allianz SE Raises Holdings in TE Connectivity Ltd. $TEL

Allianz SE lifted its stake in TE Connectivity Ltd. (NYSE:TEL) by 69.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,344 shares of the electronics maker’s stock after purchasing an additional 7,522 shares during the quarter. Allianz SE’s holdings in TE Connectivity were worth $4,027,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd purchased a new position in shares of TE Connectivity in the third quarter worth $29,000. Neo Ivy Capital Management purchased a new stake in shares of TE Connectivity during the second quarter valued at $30,000. Caldwell Trust Co acquired a new position in shares of TE Connectivity in the 2nd quarter valued at $31,000. Geneos Wealth Management Inc. raised its stake in TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter. Finally, Avalon Trust Co lifted its position in TE Connectivity by 146.7% during the 2nd quarter. Avalon Trust Co now owns 222 shares of the electronics maker’s stock worth $37,000 after acquiring an additional 132 shares during the period. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TEL. Truist Financial increased their price objective on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. The Goldman Sachs Group set a $306.00 target price on TE Connectivity in a research report on Wednesday, January 21st. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Finally, Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. One research 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

TE Connectivity Stock Performance

NYSE:TEL opened at $229.68 on Friday. The company has a fifty day moving average of $230.69 and a two-hundred day moving average of $225.57. 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 capitalization of $67.39 billion, a PE ratio of 33.14, a P/E/G ratio of 1.80 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.55 by $0.17. The firm 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 company’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, research analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

Insider Transactions at TE Connectivity

In related news, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $234.23, for a total transaction of $333,777.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the transaction, the executive vice president owned 21,810 shares in the company, valued at $4,859,486.10. The trade was a 22.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,545 shares of company stock valued at $5,436,928 over the last ninety days. Insiders own 0.60% of the company’s stock.

About TE Connectivity

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.