Darwin Wealth Management LLC Buys New Position in TE Connectivity Ltd. $TEL

Darwin Wealth Management LLC bought a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,718 shares of the electronics maker’s stock, valued at approximately $1,983,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. HHM Wealth Advisors LLC increased its stake in TE Connectivity by 11.8% during the third quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock worth $89,000 after acquiring an additional 43 shares during the last quarter. Great Lakes Advisors LLC increased its stake in TE Connectivity by 3.4% during the third quarter. Great Lakes Advisors LLC now owns 1,457 shares of the electronics maker’s stock worth $320,000 after acquiring an additional 48 shares during the last quarter. Dakota Community Bank & Trust NA increased its stake in TE Connectivity by 5.4% during the third quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock worth $209,000 after acquiring an additional 49 shares during the last quarter. Contravisory Investment Management Inc. increased its stake in TE Connectivity by 1.6% during the fourth quarter. Contravisory Investment Management Inc. now owns 3,074 shares of the electronics maker’s stock worth $699,000 after acquiring an additional 49 shares during the last quarter. Finally, Security National Bank of SO Dak increased its stake in TE Connectivity by 0.5% during the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after acquiring an additional 50 shares during the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on TEL shares. Oppenheimer upped their price target on TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Wells Fargo & Company dropped their price target on TE Connectivity from $249.00 to $214.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. UBS Group upped their price target on TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Truist Financial upped their price target on TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group set a $306.00 price target on TE Connectivity in a research note on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $249.47.

Insider Transactions at TE Connectivity

In related news, EVP John S. Jenkins sold 6,155 shares of the 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 transaction, the executive vice president owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $222.52, for a total value of $2,091,688.00. Following the completion of the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,780,179.52. This represents a 26.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 32,945 shares of company stock valued at $7,528,616 over the last quarter. Company insiders own 0.60% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $223.16 on Thursday. TE Connectivity Ltd. has a 1-year low of $120.06 and a 1-year high of $250.67. The business has a 50-day moving average of $215.91 and a 200-day moving average of $225.30. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The company has a market capitalization of $65.48 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 1.59 and a beta of 1.26.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, topping 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 company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the prior year, the business 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, equities analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be given a $0.78 dividend. 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 dividend yield of 1.4%. TE Connectivity’s dividend payout ratio (DPR) is currently 40.98%.

TE Connectivity declared that its Board of Directors has approved a share repurchase plan on Wednesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the electronics maker to reacquire up to 5% of its shares through open market purchases. Shares repurchase plans are usually a sign 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.