2,172 Shares in TE Connectivity Ltd. $TEL Acquired by Tripletail Wealth Management LLC

Tripletail Wealth Management LLC bought a new position in shares of TE Connectivity Ltd. (NYSE:TEL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,172 shares of the electronics maker’s stock, valued at approximately $366,000.

Several other large investors also recently bought and sold shares of the stock. Fidelis Capital Partners LLC raised its stake in shares of TE Connectivity by 1.6% during the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock worth $565,000 after purchasing an additional 52 shares during the last quarter. Rossby Financial LCC boosted its position in shares of TE Connectivity by 6.0% in the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after buying an additional 57 shares in the last quarter. Premier Path Wealth Partners LLC lifted its stake in TE Connectivity by 2.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after buying an additional 57 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in shares of TE Connectivity by 3.0% during the second quarter. Personal CFO Solutions LLC now owns 2,117 shares of the electronics maker’s stock valued at $357,000 after acquiring an additional 61 shares during the last quarter. Finally, Martingale Asset Management L P boosted its stake in shares of TE Connectivity by 3.6% during the 1st quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $233.64 on Tuesday. The business’s 50-day moving average price is $230.68 and its two-hundred day moving average price is $203.79. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a market capitalization of $68.73 billion, a P/E ratio of 37.99, a price-to-earnings-growth ratio of 1.80 and a beta of 1.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $4.57 billion. During the same quarter in the prior year, the business posted $1.95 EPS. TE Connectivity’s quarterly revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is 46.18%.

Insiders Place Their Bets

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total value of $6,198,452.33. Following the sale, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. The trade was a 54.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

TEL has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Barclays upped their price objective on shares of TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. JPMorgan Chase & Co. lifted their price target on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Truist Financial cut their price objective on TE Connectivity from $255.00 to $239.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Finally, Wells Fargo & Company raised their price target on shares of TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $244.46.

About TE Connectivity

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.