Dakota Wealth Management Purchases 3,548 Shares of TE Connectivity Ltd. $TEL

Dakota Wealth Management raised its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 49.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,785 shares of the electronics maker’s stock after buying an additional 3,548 shares during the period. Dakota Wealth Management’s holdings in TE Connectivity were worth $2,454,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Caitlin John LLC purchased a new position in TE Connectivity during the 3rd quarter valued at $28,000. Aster Capital Management DIFC Ltd purchased a new stake in TE Connectivity in the third quarter worth $29,000. Caldwell Trust Co purchased a new stake in TE Connectivity in the second quarter worth $31,000. Geneos Wealth Management Inc. lifted its position in shares of TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares during the last quarter. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of TE Connectivity by 47.4% during the third quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 54 shares during the period. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on TEL. Wall Street Zen raised shares of 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 shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a research note on Wednesday, January 21st. Finally, Zacks Research lowered TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.82, for a total transaction of $2,197,908.00. Following the completion of the sale, the insider owned 32,541 shares in the company, valued at $7,608,736.62. This represents a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John S. Jenkins sold 6,155 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the sale, the executive vice president directly owned 21,810 shares in the company, valued at $4,859,486.10. This trade represents a 22.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 32,945 shares of company stock valued at $7,528,616 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Stock Down 0.3%

NYSE:TEL opened at $202.59 on Friday. 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 Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The company has a 50-day moving average of $219.07 and a 200 day moving average of $225.46. The firm has a market cap of $59.44 billion, a PE ratio of 29.23, a price-to-earnings-growth ratio of 1.54 and a beta of 1.23.

TE Connectivity (NYSE:TEL) last posted its earnings results 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 net margin of 11.41% and a return on equity of 22.72%. The business had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter last year, the firm 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, research analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

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 dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 annualized dividend and a yield of 1.5%. TE Connectivity’s dividend payout ratio is 40.98%.

TE Connectivity announced that its board has approved a stock buyback plan on Wednesday, March 11th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the electronics maker to purchase up to 5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

TE Connectivity 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.