PUREfi Wealth LLC Buys New Shares in TE Connectivity Ltd. $TEL

PUREfi Wealth LLC bought a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,585 shares of the electronics maker’s stock, valued at approximately $267,000.

Other large investors also recently modified their holdings of the company. Foresight Group Ltd Liability Partnership purchased a new position in shares of TE Connectivity during the 1st quarter valued at $31,983,000. Cambridge Investment Research Advisors Inc. lifted its stake in TE Connectivity by 1.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,540 shares of the electronics maker’s stock worth $2,479,000 after purchasing an additional 192 shares in the last quarter. Ascent Group LLC purchased a new stake in TE Connectivity in the 1st quarter worth $364,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in TE Connectivity by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,719,610 shares of the electronics maker’s stock worth $384,335,000 after purchasing an additional 193,580 shares in the last quarter. Finally, MBB Public Markets I LLC purchased a new stake in TE Connectivity in the 1st quarter worth $310,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

Shares of NYSE:TEL opened at $221.00 on Monday. The company has a market capitalization of $65.30 billion, a price-to-earnings ratio of 45.75, a PEG ratio of 2.39 and a beta of 1.26. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $224.97. The firm’s 50-day moving average is $208.91 and its 200 day moving average is $174.92. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating the consensus estimate of $2.08 by $0.19. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.30 billion. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio is currently 58.80%.

Analyst Upgrades and Downgrades

Several brokerages have commented on TEL. Truist Financial boosted their price target on shares of TE Connectivity from $156.00 to $200.00 and gave the stock a “hold” rating in a research note on Thursday, July 24th. The Goldman Sachs Group boosted their price target on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Evercore ISI boosted their price target on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Robert W. Baird set a $232.00 target price on shares of TE Connectivity in a research report on Wednesday, September 3rd. Finally, KGI Securities upgraded shares of TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, TE Connectivity presently has a consensus rating of “Moderate Buy” and an average target price of $211.36.

Insider Activity at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 45,850 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $209.33, for a total value of $9,597,780.50. Following the transaction, the executive vice president directly owned 24,625 shares in the company, valued at $5,154,751.25. This represents a 65.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Malavika Sagar sold 1,945 shares of the company’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the completion of the transaction, the senior vice president owned 4,716 shares in the company, valued at $977,155.20. This represents a 29.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 124,545 shares of company stock valued at $25,040,158 over the last 90 days. 0.90% of the stock is currently owned by insiders.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.