Baader Bank Aktiengesellschaft Raises Position in TE Connectivity Ltd. $TEL

Baader Bank Aktiengesellschaft grew its holdings in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 107.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,244 shares of the electronics maker’s stock after acquiring an additional 2,722 shares during the period. Baader Bank Aktiengesellschaft’s holdings in TE Connectivity were worth $1,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of TEL. Princeton Global Asset Management LLC purchased a new stake in TE Connectivity in the second quarter worth about $26,000. Neo Ivy Capital Management bought a new position in shares of TE Connectivity during the 2nd quarter valued at approximately $30,000. Salomon & Ludwin LLC increased its holdings in TE Connectivity by 58.9% in the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 66 shares in the last quarter. Caldwell Trust Co bought a new stake in TE Connectivity during the 2nd quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. lifted its holdings in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 127 shares in the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TEL. Truist Financial increased their price objective on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, February 6th. Finally, The Goldman Sachs Group set a $306.00 target price on TE Connectivity in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus price target of $250.86.

Read Our Latest Research Report on TE Connectivity

Insider Activity at TE Connectivity

In related news, EVP John S. Jenkins sold 6,155 shares of TE Connectivity stock in a transaction dated 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 sale, the executive vice president directly owned 21,810 shares in the company, valued at $4,859,486.10. The trade was a 22.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Stock Performance

NYSE:TEL opened at $228.56 on Thursday. The stock’s fifty day moving average is $230.21 and its 200 day moving average is $223.11. The firm has a market capitalization of $67.07 billion, a PE ratio of 32.98, a PEG ratio of 1.72 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67.

TE Connectivity (NYSE:TELGet Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same period in the prior year, the company posted $1.95 EPS. The firm’s revenue for the quarter was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

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

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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