TE Connectivity Ltd. $TEL Position Increased by Andra AP fonden

Andra AP fonden boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 11.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 176,300 shares of the electronics maker’s stock after acquiring an additional 18,800 shares during the quarter. Andra AP fonden owned approximately 0.06% of TE Connectivity worth $38,703,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. grew its holdings in TE Connectivity by 47.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after buying an additional 54 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of TE Connectivity in the 3rd quarter worth approximately $39,000. Neo Ivy Capital Management bought a new position in shares of TE Connectivity in the second quarter valued at about $30,000. Proffitt & Goodson Inc. grew its stake in shares of TE Connectivity by 330.2% during the third quarter. Proffitt & Goodson Inc. now owns 185 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 142 shares during the last quarter. Finally, Caldwell Trust Co bought a new stake in shares of TE Connectivity during the second quarter worth $31,000. Institutional investors own 91.43% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on TEL. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. UBS Group upped their target price on TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Truist Financial lifted their target price on TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Evercore upped their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Finally, Wells Fargo & Company upped their target price 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

View Our Latest Analysis on TEL

TE Connectivity Price Performance

Shares of NYSE TEL opened at $236.10 on Friday. The company has a market capitalization of $69.28 billion, a PE ratio of 34.07, a P/E/G ratio of 1.85 and a beta of 1.24. The firm has a fifty day simple moving average of $230.70 and a 200 day simple moving average of $225.36. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67.

TE Connectivity (NYSE:TELGet Free Report) last issued its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $4.52 billion. During the same period in the previous year, the firm earned $1.95 earnings per share. 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. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

Insider Buying and Selling at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 32,541 shares of the company’s stock, valued at $7,608,736.62. This trade represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 of the company’s stock, valued at approximately $4,859,486.10. This trade represents a 22.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 23,545 shares of company stock worth $5,436,928. Insiders own 0.60% of the company’s stock.

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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