American Century Companies Inc. Sells 802,117 Shares of TE Connectivity Ltd. $TEL

American Century Companies Inc. cut its stake in TE Connectivity Ltd. (NYSE:TEL) by 41.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,121,462 shares of the electronics maker’s stock after selling 802,117 shares during the quarter. American Century Companies Inc. owned approximately 0.38% of TE Connectivity worth $246,195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Caitlin John LLC bought a new stake in shares of TE Connectivity during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd acquired a new stake in TE Connectivity during the 3rd quarter worth approximately $29,000. Neo Ivy Capital Management bought a new stake in TE Connectivity in the 2nd quarter valued at $30,000. Caldwell Trust Co acquired a new position in TE Connectivity in the 2nd quarter valued at $31,000. Finally, Geneos Wealth Management Inc. increased its position in TE Connectivity by 189.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Down 2.6%

TEL stock opened at $229.68 on Friday. The firm has a 50-day moving average price of $230.69 and a 200-day moving average price of $225.72. 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 $67.39 billion, a P/E ratio of 33.14, a price-to-earnings-growth ratio of 1.75 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last released 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 analysts’ expectations 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 period in the prior year, the company earned $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, equities research analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

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

Insider Buying and Selling

In related news, insider Shadrak W. Kroeger sold 6,565 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.64, for a total transaction of $1,533,846.60. Following the sale, the insider owned 25,976 shares in the company, valued at $6,069,032.64. The trade was a 20.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,545 shares of company stock worth $5,436,928 in the last 90 days. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TEL. 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. Wells Fargo & Company boosted their price objective on shares of TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Finally, UBS Group increased their price target on TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

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.