RWC Asset Management LLP Has $15.75 Million Position in TE Connectivity Ltd. $TEL

RWC Asset Management LLP grew its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,205 shares of the electronics maker’s stock after purchasing an additional 2,895 shares during the quarter. RWC Asset Management LLP’s holdings in TE Connectivity were worth $15,745,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TEL. Kohmann Bosshard Financial Services LLC acquired a new stake in TE Connectivity during the 4th quarter worth approximately $25,000. Caitlin John LLC bought a new position in shares of TE Connectivity during the third quarter valued at $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of TE Connectivity during the third quarter worth $29,000. Geneos Wealth Management Inc. grew its stake in shares of TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in TE Connectivity by 54.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock valued at $42,000 after purchasing an additional 65 shares during the period. Institutional investors own 91.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TEL shares. Oppenheimer lifted their target price on TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. UBS Group reduced their target price on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, Barclays reduced their price objective on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, TE Connectivity has an average rating of “Moderate Buy” and an average target price of $256.57.

TE Connectivity Price Performance

Shares of TEL opened at $212.70 on Monday. The firm has a market cap of $62.09 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 1.51 and a beta of 1.16. TE Connectivity Ltd. has a 52-week low of $162.17 and a 52-week high of $252.56. The business’s 50 day moving average price is $214.26 and its two-hundred day moving average price is $221.20. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.20 and a current ratio of 1.89.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping the consensus estimate of $2.70 by $0.03. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The company’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, equities analysts anticipate that TE Connectivity Ltd. will post 11.28 EPS for the current year.

TE Connectivity Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 1.5%. This is an increase from TE Connectivity’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Friday, May 22nd. TE Connectivity’s payout ratio is presently 31.87%.

TE Connectivity declared that its Board of Directors has initiated a stock repurchase program on Wednesday, March 11th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the electronics maker to buy up to 5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the transaction, the insider owned 25,976 shares in the company, valued at approximately $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 28,200 shares of company stock worth $6,140,644 in the last quarter. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Company Profile

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.