Capital International Investors Acquires 807,702 Shares of TE Connectivity Ltd. $TEL

Capital International Investors increased its holdings in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 44.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,626,754 shares of the electronics maker’s stock after acquiring an additional 807,702 shares during the quarter. Capital International Investors owned approximately 0.89% of TE Connectivity worth $576,384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legal & General Group Plc grew its stake in TE Connectivity by 10.9% in the 3rd quarter. Legal & General Group Plc now owns 2,764,569 shares of the electronics maker’s stock valued at $606,906,000 after purchasing an additional 270,654 shares during the period. Vestcor Inc boosted its holdings in shares of TE Connectivity by 3.2% in the 3rd quarter. Vestcor Inc now owns 6,702 shares of the electronics maker’s stock worth $1,471,000 after buying an additional 209 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management bought a new position in TE Connectivity during the third quarter valued at about $244,000. Inceptionr LLC bought a new position in TE Connectivity during the third quarter valued at about $1,966,000. Finally, Private Advisor Group LLC increased its holdings in TE Connectivity by 5.4% during the third quarter. Private Advisor Group LLC now owns 9,412 shares of the electronics maker’s stock worth $2,066,000 after buying an additional 480 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

NYSE TEL opened at $203.31 on Wednesday. The company’s 50 day moving average is $227.25 and its 200-day moving average is $226.07. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The firm has a market cap of $59.66 billion, a P/E ratio of 29.34, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23.

TE Connectivity (NYSE:TELGet Free Report) last released its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, topping 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 company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same period last year, the firm earned $1.95 EPS. TE Connectivity’s revenue for the quarter was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Sell-side analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

Insider Activity

In related news, EVP John S. Jenkins sold 6,155 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the sale, the executive vice president owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $233.82, for a total value of $2,197,908.00. Following the transaction, the insider directly owned 32,541 shares of the company’s stock, valued at $7,608,736.62. The trade was a 22.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 32,945 shares of company stock worth $7,528,616. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. UBS Group upped their price objective on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Barclays increased their price objective on TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $251.93.

Check Out Our Latest Analysis on TEL

TE Connectivity Profile

(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.

Further Reading

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

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