Natural Investments LLC Sells 4,216 Shares of TE Connectivity Ltd. $TEL

Natural Investments LLC decreased its holdings in TE Connectivity Ltd. (NYSE:TEL) by 72.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,640 shares of the electronics maker’s stock after selling 4,216 shares during the period. Natural Investments LLC’s holdings in TE Connectivity were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. JNBA Financial Advisors grew its holdings in shares of TE Connectivity by 67.1% in the second quarter. JNBA Financial Advisors now owns 127 shares of the electronics maker’s stock worth $26,000 after purchasing an additional 51 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in TE Connectivity by 189.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after buying an additional 127 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in TE Connectivity in the 2nd quarter valued at about $34,000. Commonwealth Retirement Investments LLC purchased a new stake in TE Connectivity in the 4th quarter valued at about $40,000. Finally, MV Capital Management Inc. bought a new position in TE Connectivity in the 4th quarter worth about $41,000. 91.43% of the stock is currently owned by institutional investors.

TE Connectivity Trading Down 2.8%

Shares of NYSE:TEL opened at $202.18 on Thursday. The company has a market capitalization of $58.53 billion, a PE ratio of 19.82, a P/E/G ratio of 1.39 and a beta of 1.16. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 0.42. TE Connectivity Ltd. has a 12-month low of $190.27 and a 12-month high of $252.56. The business’s fifty day simple moving average is $205.23 and its 200-day simple moving average is $211.04.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.09. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The firm had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same period in the prior year, the business posted $2.27 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, equities research analysts predict that TE Connectivity Ltd. will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s dividend payout ratio is presently 30.59%.

Analyst Ratings Changes

Several research firms have recently weighed in on TEL. Wall Street Zen raised shares of TE Connectivity from a “hold” rating to a “buy” rating in a research note on Sunday, August 23rd. Barclays raised their price objective on TE Connectivity from $297.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 15th. UBS Group reaffirmed a “buy” rating and set a $241.00 target price on shares of TE Connectivity in a research report on Thursday, July 23rd. Evercore reaffirmed an “in-line” rating and issued a $230.00 price objective on shares of TE Connectivity in a research note on Monday, June 22nd. Finally, Wells Fargo & Company reduced their price target on shares of TE Connectivity from $230.00 to $209.00 and set an “equal weight” rating for the company in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, TE Connectivity has an average rating of “Moderate Buy” and a consensus price target of $251.15.

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.