Focus Partners Advisor Solutions LLC Purchases 5,177 Shares of TE Connectivity Ltd. $TEL

Focus Partners Advisor Solutions LLC lifted its position in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 305.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,872 shares of the electronics maker’s stock after acquiring an additional 5,177 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in TE Connectivity were worth $1,544,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TEL. Caitlin John LLC bought a new position in shares of TE Connectivity during the third quarter valued at $28,000. Aster Capital Management DIFC Ltd purchased a new position in TE Connectivity in the 3rd quarter worth about $29,000. Neo Ivy Capital Management bought a new position in TE Connectivity during the 2nd quarter valued at about $30,000. Caldwell Trust Co purchased a new stake in shares of TE Connectivity during the 2nd quarter valued at about $31,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of TE Connectivity by 189.6% in the second 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 period. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

TE Connectivity Price Performance

NYSE TEL opened at $210.52 on Friday. The business’s fifty day moving average is $228.82 and its 200 day moving average is $225.68. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The company has a market capitalization of $61.77 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 1.59 and a beta of 1.23.

TE Connectivity (NYSE:TELGet Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter last year, the company earned $1.95 earnings per share. The business’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 predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is presently 40.98%.

Insider Transactions at TE Connectivity

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,945 shares of company stock valued at $7,528,616 over the last three months. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Truist Financial raised their price target on TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Wells Fargo & Company upped their price objective on TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a research 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. Finally, Weiss Ratings upgraded TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

Check Out Our Latest Report on TE Connectivity

TE Connectivity Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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