Bahl & Gaynor Inc. Raises Position in TE Connectivity Ltd. $TEL

Bahl & Gaynor Inc. boosted its position in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 26.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 861,281 shares of the electronics maker’s stock after buying an additional 180,733 shares during the period. Bahl & Gaynor Inc. owned 0.29% of TE Connectivity worth $189,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC acquired a new position in TE Connectivity in the 4th quarter valued at $820,000. Sivia Capital Partners LLC grew its holdings in shares of TE Connectivity by 66.7% during the second 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 in the last quarter. World Investment Advisors acquired a new stake in shares of TE Connectivity in the second quarter valued at about $370,000. Assetmark Inc. lifted its stake in shares of TE Connectivity by 75.4% in the second quarter. Assetmark Inc. now owns 5,371 shares of the electronics maker’s stock worth $906,000 after buying an additional 2,309 shares in the last quarter. Finally, Simon Quick Advisors LLC acquired a new position in TE Connectivity during the second quarter worth about $287,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

NYSE TEL opened at $229.68 on Monday. The stock has a market cap of $67.39 billion, a PE ratio of 33.14, a P/E/G ratio of 1.75 and a beta of 1.23. The company has a current ratio of 1.65, a quick ratio of 1.07 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. The stock has a fifty day simple moving average of $230.69 and a 200-day simple moving average of $225.86.

TE Connectivity (NYSE:TELGet Free Report) last issued its quarterly earnings data 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 net margin of 11.41% and a return on equity of 22.72%. 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 EPS. TE Connectivity’s 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 analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The business 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 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%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TEL. TD Cowen reissued a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Barclays lifted their price objective on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. UBS Group upped their target price on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Finally, Oppenheimer boosted their price target on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. One 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $251.93.

Check Out Our Latest Analysis on TEL

Insider Activity at TE Connectivity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total transaction of $333,777.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shadrak W. Kroeger sold 6,565 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $233.64, for a total value of $1,533,846.60. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at $6,069,032.64. This represents a 20.17% 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.

About TE Connectivity

(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.

Featured Articles

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.