APG Asset Management N.V. Cuts Stock Holdings in TE Connectivity Ltd. $TEL

APG Asset Management N.V. lowered its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 285,092 shares of the electronics maker’s stock after selling 3,000 shares during the quarter. APG Asset Management N.V. owned 0.10% of TE Connectivity worth $62,586,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TEL. Aprio Wealth Management LLC bought a new stake in shares of TE Connectivity in the 3rd quarter worth $242,000. Rafferty Asset Management LLC grew its position in TE Connectivity by 2.9% in the 3rd quarter. Rafferty Asset Management LLC now owns 99,628 shares of the electronics maker’s stock worth $21,871,000 after purchasing an additional 2,773 shares in the last quarter. Huntington National Bank increased its stake in TE Connectivity by 3.8% in the 3rd quarter. Huntington National Bank now owns 3,470 shares of the electronics maker’s stock valued at $762,000 after buying an additional 127 shares during the last quarter. Quantbot Technologies LP increased its stake in TE Connectivity by 1,393.9% in the 3rd quarter. Quantbot Technologies LP now owns 93,621 shares of the electronics maker’s stock valued at $20,553,000 after buying an additional 87,354 shares during the last quarter. Finally, Caitlin John LLC bought a new position in shares of TE Connectivity during the 3rd quarter worth approximately $28,000. 91.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company lifted their target price on TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Barclays boosted their price target on shares of TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

TE Connectivity Stock Performance

TE Connectivity stock opened at $229.68 on Monday. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $67.39 billion, a PE ratio of 33.14, a price-to-earnings-growth ratio of 1.75 and a beta of 1.23. The firm’s 50 day simple moving average is $230.69 and its 200 day simple moving average is $225.86.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (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 during the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter last year, the company posted $1.95 EPS. The company’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. As a group, analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

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 issued 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 is Friday, February 20th. TE Connectivity’s dividend payout ratio is presently 40.98%.

Insider Activity

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of TE Connectivity stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total transaction of $333,777.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the sale, the executive vice president 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 23,545 shares of company stock worth $5,436,928. 0.60% of the stock is currently owned by insiders.

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.