Barclays PLC Has $164.98 Million Stake in TE Connectivity Ltd. $TEL

Barclays PLC cut its stake in TE Connectivity Ltd. (NYSE:TEL) by 22.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 751,499 shares of the electronics maker’s stock after selling 220,062 shares during the period. Barclays PLC owned approximately 0.25% of TE Connectivity worth $164,977,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Caitlin John LLC bought a new stake in shares of TE Connectivity in the third quarter valued at about $28,000. Aster Capital Management DIFC Ltd bought a new position in shares of TE Connectivity during the third quarter worth about $29,000. Neo Ivy Capital Management acquired a new stake in TE Connectivity in the 2nd quarter valued at approximately $30,000. Caldwell Trust Co acquired a new stake in TE Connectivity in the 2nd quarter valued at approximately $31,000. Finally, Geneos Wealth Management Inc. lifted 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 valued at $33,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of the company’s 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $233.82, for a total value of $2,197,908.00. Following the transaction, the insider owned 32,541 shares of the company’s stock, valued at $7,608,736.62. The trade was a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,945 shares of company stock worth $7,528,616 in the last ninety days. Insiders own 0.60% of the company’s stock.

TE Connectivity Stock Down 2.2%

NYSE:TEL opened at $205.99 on Friday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The firm has a market capitalization of $60.44 billion, a price-to-earnings ratio of 29.72, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average price is $228.29 and its two-hundred day moving average price is $225.86.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating the consensus estimate of $2.55 by $0.17. The company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Equities research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. UBS Group raised their price target on shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. TD Cowen reissued a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Wells Fargo & Company increased their target price on shares of TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a research report on Wednesday, January 21st. One 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. Based on data from MarketBeat.com, TE Connectivity has an average rating of “Moderate Buy” and a consensus price target of $251.93.

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.