Kepler Cheuvreux Suisse SA Acquires New Stake in TE Connectivity Ltd. $TEL

Kepler Cheuvreux Suisse SA acquired a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 120,077 shares of the electronics maker’s stock, valued at approximately $26,357,000. TE Connectivity comprises 1.5% of Kepler Cheuvreux Suisse SA’s holdings, making the stock its 22nd biggest holding.

Other institutional investors have also recently modified their holdings of the company. Mackenzie Financial Corp raised its position in shares of TE Connectivity by 98.8% in the 3rd quarter. Mackenzie Financial Corp now owns 242,446 shares of the electronics maker’s stock worth $53,224,000 after purchasing an additional 120,493 shares during the last quarter. Magnetar Financial LLC bought a new position in shares of TE Connectivity in the third quarter worth approximately $1,034,000. Quadrant Capital Group LLC raised its holdings in TE Connectivity by 0.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,039 shares of the electronics maker’s stock worth $2,204,000 after acquiring an additional 85 shares during the last quarter. Tiemann Investment Advisors LLC bought a new stake in shares of TE Connectivity in the 3rd quarter worth $239,000. Finally, Capital World Investors raised its stake in shares of TE Connectivity by 0.9% in the third quarter. Capital World Investors now owns 1,180,913 shares of the electronics maker’s stock worth $259,246,000 after purchasing an additional 10,675 shares during the last quarter. 91.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TE Connectivity

In related news, SVP Reuben M. Shaffer sold 1,425 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $222.52, for a total value of $2,091,688.00. Following the transaction, the insider owned 25,976 shares in the company, valued at $5,780,179.52. This trade represents a 26.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,945 shares of company stock worth $7,528,616 in the last three months. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Price Performance

NYSE TEL opened at $203.31 on Wednesday. The company has a 50-day moving average price of $227.25 and a 200-day moving average price of $226.07. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week 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 capitalization of $59.66 billion, a P/E ratio of 29.34, a PEG ratio of 1.57 and a beta of 1.23.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter last year, the firm posted $1.95 earnings per share. The firm’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. Equities research analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on TEL. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Wells Fargo & Company raised their price target on shares of TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Finally, Truist Financial boosted their price objective on shares of TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

About TE Connectivity

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.