Dynamic Technology Lab Private Ltd Buys New Shares in TE Connectivity Ltd. $TEL

Dynamic Technology Lab Private Ltd purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,055 shares of the electronics maker’s stock, valued at approximately $684,000.

A number of other hedge funds also recently made changes to their positions in TEL. Brighton Jones LLC acquired a new stake in shares of TE Connectivity during the 4th quarter worth $820,000. Kestra Private Wealth Services LLC grew its position in TE Connectivity by 2.6% during the first quarter. Kestra Private Wealth Services LLC now owns 4,473 shares of the electronics maker’s stock valued at $632,000 after acquiring an additional 112 shares during the period. Avantax Advisory Services Inc. increased its stake in TE Connectivity by 16.0% during the first quarter. Avantax Advisory Services Inc. now owns 12,263 shares of the electronics maker’s stock worth $1,733,000 after acquiring an additional 1,696 shares during the last quarter. Assetmark Inc. raised its holdings in shares of TE Connectivity by 14.4% in the 1st quarter. Assetmark Inc. now owns 3,062 shares of the electronics maker’s stock worth $433,000 after purchasing an additional 385 shares during the period. Finally, Stevens Capital Management LP acquired a new position in shares of TE Connectivity in the 1st quarter valued at about $427,000. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Activity

In other news, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, the executive vice president owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s 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 completion of the sale, the insider directly owned 25,976 shares in the company, valued at $5,272,868.24. This represents a 47.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 131,171 shares of company stock worth $31,380,209. 0.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on TEL shares. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. increased their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. TD Cowen upped their price target on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Finally, Barclays raised their price objective on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $244.46.

TE Connectivity Price Performance

TEL opened at $218.74 on Friday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The firm has a market cap of $64.35 billion, a price-to-earnings ratio of 35.57, a PEG ratio of 2.24 and a beta of 1.27. The company has a fifty day simple moving average of $228.04 and a 200 day simple moving average of $198.21.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The company had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.57 billion. During the same period in the prior year, the company posted $1.95 EPS. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Equities research analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is presently 46.18%.

TE Connectivity 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.