Adelphi Trust Co Acquires Shares of 2,990 TE Connectivity Ltd. $TEL

Adelphi Trust Co acquired a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,990 shares of the electronics maker’s stock, valued at approximately $680,000.

Other institutional investors have also modified their holdings of the company. Caitlin John LLC purchased a new position in shares of TE Connectivity in the 3rd quarter valued at about $28,000. Aster Capital Management DIFC Ltd purchased a new stake in TE Connectivity during the 3rd quarter worth approximately $29,000. SOA Wealth Advisors LLC. increased its stake in TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after buying an additional 54 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in TE Connectivity during the 3rd quarter worth approximately $39,000. Finally, JFS Wealth Advisors LLC increased its stake in TE Connectivity by 54.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock worth $42,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Price Performance

TEL stock opened at $234.36 on Thursday. TE Connectivity Ltd. has a 1 year low of $125.42 and a 1 year high of $250.67. The firm has a market capitalization of $68.77 billion, a PE ratio of 33.82, a price-to-earnings-growth ratio of 1.72 and a beta of 1.26. The business has a 50 day simple moving average of $216.84 and a 200-day simple moving average of $225.85. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07.

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 analysts’ consensus estimates 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 analysts’ expectations of $4.52 billion. During the same period in the prior year, the firm posted $1.95 earnings per share. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Equities research analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity declared that its board has approved a share repurchase program on Wednesday, March 11th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the electronics maker to purchase up to 5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

TE Connectivity Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be issued a $0.78 dividend. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, May 22nd. TE Connectivity’s payout ratio is currently 40.98%.

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on 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 directly owned 32,541 shares in the company, valued at approximately $7,608,736.62. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Reuben M. Shaffer sold 1,425 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 42,345 shares of company stock worth $9,627,260. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. UBS Group set a $272.00 price objective on TE Connectivity in a research note on Tuesday. Jefferies Financial Group reiterated a “buy” rating and set a $250.00 price objective (down from $280.00) on shares of TE Connectivity in a research note on Tuesday, March 31st. Weiss Ratings upgraded TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Wells Fargo & Company dropped their price target on TE Connectivity from $249.00 to $214.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 31st. Finally, Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. Thirteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity has an average rating of “Moderate Buy” and a consensus target price of $246.33.

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.