Czech National Bank Raises Stock Holdings in TE Connectivity Ltd. $TEL

Czech National Bank grew its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 77,574 shares of the electronics maker’s stock after acquiring an additional 2,528 shares during the quarter. Czech National Bank’s holdings in TE Connectivity were worth $17,649,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in TE Connectivity during the fourth quarter valued at $820,000. Sivia Capital Partners LLC increased its holdings in shares of TE Connectivity by 66.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock worth $425,000 after buying an additional 1,007 shares during the last quarter. Prudential Financial Inc. raised its position in shares of TE Connectivity by 22.4% during the 2nd quarter. Prudential Financial Inc. now owns 39,528 shares of the electronics maker’s stock valued at $6,667,000 after buying an additional 7,233 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of TE Connectivity during the 2nd quarter valued at about $712,000. Finally, CreativeOne Wealth LLC bought a new position in shares of TE Connectivity in the 2nd quarter valued at about $204,000. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Down 3.2%

Shares of TE Connectivity stock opened at $203.20 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The stock has a market cap of $59.63 billion, a price-to-earnings ratio of 29.32, a PEG ratio of 1.60 and a beta of 1.23. The firm’s 50-day moving average is $219.85 and its two-hundred day moving average is $225.38. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67.

TE Connectivity (NYSE:TEL) last announced 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. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The firm had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same quarter in the prior year, the company earned $1.95 EPS. The company’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, research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity announced that its board has authorized a share repurchase plan on Wednesday, March 11th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the electronics maker to purchase up to 5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

TE Connectivity Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.78 per share. This is an increase from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, May 22nd. TE Connectivity’s dividend payout ratio (DPR) is currently 40.98%.

Insider Buying and Selling at TE Connectivity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of TE Connectivity 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 filing with the SEC, which is available through this link. Also, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction on Monday, February 9th. The stock was 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 directly owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 32,945 shares of company stock valued at $7,528,616. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TEL. Truist Financial upped their price objective on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday. UBS Group increased their price target on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Weiss Ratings upgraded TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Finally, Barclays boosted their price objective on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average 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.