TE Connectivity (NYSE:TEL) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of TE Connectivity Ltd. (NYSE:TEL). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in TE Connectivity stock on May 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

TE Connectivity Stock Performance

TEL traded down $8.61 during trading on Wednesday, reaching $202.30. 2,815,091 shares of the company’s stock were exchanged, compared to its average volume of 2,461,191. TE Connectivity Ltd. has a 1 year low of $162.17 and a 1 year high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The stock has a market capitalization of $59.05 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 1.46 and a beta of 1.16. The company’s fifty day simple moving average is $214.47 and its 200-day simple moving average is $220.86.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.72 billion. During the same period last year, the firm posted $2.10 EPS. TE Connectivity’s revenue for the quarter was up 14.4% compared to the same quarter last year. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, research analysts predict that TE Connectivity Ltd. will post 11.28 earnings per share for the current fiscal year.

TE Connectivity declared that its board has initiated a share repurchase program on Wednesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the electronics maker to purchase up to 5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On TE Connectivity

A number of institutional investors have recently added to or reduced their stakes in the stock. Caprock Group LLC acquired a new stake in TE Connectivity during the 3rd quarter worth $2,419,000. State of New Jersey Common Pension Fund D boosted its stake in TE Connectivity by 7.0% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 103,287 shares of the electronics maker’s stock worth $22,675,000 after purchasing an additional 6,755 shares during the last quarter. Power Wealth Management LLC boosted its stake in TE Connectivity by 226.5% during the 3rd quarter. Power Wealth Management LLC now owns 8,979 shares of the electronics maker’s stock worth $1,971,000 after purchasing an additional 6,229 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in TE Connectivity during the 4th quarter worth $1,983,000. Finally, NewEdge Wealth LLC boosted its stake in TE Connectivity by 20.4% during the 4th quarter. NewEdge Wealth LLC now owns 41,715 shares of the electronics maker’s stock worth $9,491,000 after purchasing an additional 7,057 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction on 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 sale, the insider owned 25,976 shares of the company’s stock, valued at $5,584,840. The trade was a 26.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 28,200 shares of company stock worth $6,140,644. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TEL shares. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday. Truist Financial dropped their price objective on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Wells Fargo & Company raised their price objective on shares of TE Connectivity from $214.00 to $226.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. UBS Group dropped their price objective on shares of TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, Oppenheimer raised their price objective on shares of TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $256.57.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.