Inceptionr LLC Makes New Investment in TE Connectivity Ltd. $TEL

Inceptionr LLC acquired a new stake in shares of TE Connectivity Ltd. (NYSE:TELFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,957 shares of the electronics maker’s stock, valued at approximately $1,966,000. TE Connectivity comprises approximately 0.5% of Inceptionr LLC’s holdings, making the stock its 8th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitlin John LLC purchased a new stake in TE Connectivity during the 3rd quarter valued at about $28,000. Aster Capital Management DIFC Ltd purchased a new position in shares of TE Connectivity in the third quarter worth about $29,000. Neo Ivy Capital Management acquired a new stake in shares of TE Connectivity during the second quarter worth about $30,000. Caldwell Trust Co purchased a new stake in TE Connectivity in the second quarter valued at approximately $31,000. Finally, Geneos Wealth Management Inc. increased its holdings in TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after buying an additional 127 shares during the period. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In related news, SVP Reuben M. Shaffer sold 1,425 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,945 shares of company stock valued at $7,528,616 in the last ninety days. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have 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 Wednesday, January 28th. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. TD Cowen reissued a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Weiss Ratings upgraded shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Finally, Barclays upped their price target on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $251.93.

View Our Latest Research Report on TEL

TE Connectivity Price Performance

Shares of NYSE TEL opened at $205.99 on Monday. 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 stock has a market capitalization of $60.44 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 1.57 and a beta of 1.23. The firm’s 50 day simple moving average is $228.29 and its 200-day simple moving average is $226.03. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67.

TE Connectivity (NYSE:TELGet Free Report) last posted its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The firm had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same period in the previous year, the business posted $1.95 EPS. The business’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. Analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.4%. TE Connectivity’s dividend payout ratio is 40.98%.

About TE Connectivity

(Free Report)

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.

See Also

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.