Aberdeen Group plc Acquires 12,150 Shares of TE Connectivity Ltd. $TEL

Aberdeen Group plc lifted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 278,769 shares of the electronics maker’s stock after purchasing an additional 12,150 shares during the quarter. Aberdeen Group plc’s holdings in TE Connectivity were worth $46,922,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TEL. Vanguard Group Inc. increased its holdings in shares of TE Connectivity by 17.0% during the first quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock worth $5,353,401,000 after purchasing an additional 5,502,415 shares during the period. Valeo Financial Advisors LLC raised its position in TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock valued at $299,490,000 after purchasing an additional 1,771,153 shares in the last quarter. Nuveen LLC acquired a new position in TE Connectivity during the first quarter valued at approximately $174,700,000. Wellington Management Group LLP raised its position in TE Connectivity by 17.2% during the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock valued at $1,054,133,000 after purchasing an additional 1,097,035 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in TE Connectivity by 17.1% during the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after purchasing an additional 960,276 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

Insider Buying and Selling at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the transaction, the insider owned 25,976 shares in the company, valued at approximately $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the transaction, the executive vice president owned 24,625 shares in the company, valued at approximately $5,154,751.25. This trade represents a 65.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,545 shares of company stock worth $25,040,158 in the last three months. 0.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on TEL shares. Robert W. Baird boosted their price objective on shares of TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research report on Friday. Barclays started coverage on shares of TE Connectivity in a research report on Tuesday. They set an “overweight” rating and a $249.00 price objective for the company. UBS Group boosted their price objective on shares of TE Connectivity from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Weiss Ratings restated a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday. Finally, The Goldman Sachs Group raised their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and an average target price of $219.92.

TE Connectivity Price Performance

Shares of NYSE:TEL opened at $214.55 on Friday. The firm has a market cap of $63.40 billion, a PE ratio of 44.42, a price-to-earnings-growth ratio of 2.32 and a beta of 1.26. The firm’s fifty day moving average is $210.41 and its 200-day moving average is $177.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $226.40.

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

TE Connectivity Dividend Announcement

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

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.