TE Connectivity Ltd. $TEL Stock: Guyasuta Investment Advisors Inc. Increases Position

Guyasuta Investment Advisors Inc. increased its holdings in TE Connectivity Ltd. (NYSE:TEL) by 1.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 295,744 shares of the electronics maker’s stock after buying an additional 2,935 shares during the period. TE Connectivity comprises about 3.7% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 5th biggest position. Guyasuta Investment Advisors Inc.’s holdings in TE Connectivity were worth $62,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of TEL. State Street Corp lifted its holdings in TE Connectivity by 5.7% during the second quarter. State Street Corp now owns 13,639,381 shares of the electronics maker’s stock worth $2,750,079,000 after acquiring an additional 730,084 shares during the period. Wellington Management Group LLP boosted its position in TE Connectivity by 48.2% in the second quarter. Wellington Management Group LLP now owns 7,709,235 shares of the electronics maker’s stock worth $1,554,259,000 after purchasing an additional 2,507,569 shares during the last quarter. Baird Financial Group Inc. boosted its position in TE Connectivity by 3.5% in the second quarter. Baird Financial Group Inc. now owns 3,237,914 shares of the electronics maker’s stock worth $652,796,000 after purchasing an additional 109,020 shares during the last quarter. Janus Henderson Group PLC grew its stake in TE Connectivity by 7.0% in the 4th quarter. Janus Henderson Group PLC now owns 2,861,466 shares of the electronics maker’s stock valued at $651,247,000 after purchasing an additional 186,487 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in TE Connectivity by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,958,535 shares of the electronics maker’s stock valued at $618,121,000 after purchasing an additional 118,284 shares during the period. 91.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TEL. Jefferies Financial Group decreased their price objective on shares of TE Connectivity from $265.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. The Goldman Sachs Group boosted their target price on shares of TE Connectivity from $284.00 to $288.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. UBS Group increased their target price on shares of TE Connectivity from $241.00 to $253.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. HSBC reduced their target price on shares of TE Connectivity from $234.00 to $216.00 and set a “hold” rating for the company in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company raised their price target on shares of TE Connectivity from $209.00 to $220.00 and gave the stock a “cautious” rating in a research note on Friday, September 11th. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.07.

TE Connectivity Trading Up 1.3%

Shares of TEL opened at $212.89 on Friday. The business has a 50-day moving average of $210.36 and a 200 day moving average of $210.31. TE Connectivity Ltd. has a fifty-two week low of $190.27 and a fifty-two week high of $252.56. The firm has a market cap of $61.63 billion, a P/E ratio of 19.41, a price-to-earnings-growth ratio of 1.24 and a beta of 1.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.23 and a current ratio of 1.88.

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

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 20th will be paid a $0.78 dividend. The ex-dividend date is Friday, November 20th. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio (DPR) is presently 30.59%.

TE Connectivity Profile

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products include connectors, terminals, relays, sensors, switches, circuit-protection devices, antennas and related components used to transmit power, data and signals reliably in demanding environments.

The company serves customers across the automotive, commercial transportation, industrial, aerospace and defense, medical, energy, data communications and consumer-device markets.