Campbell & CO Investment Adviser LLC purchased a new stake in TE Connectivity Ltd. (NYSE:TEL – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 38,293 shares of the electronics maker’s stock, valued at approximately $6,459,000. TE Connectivity accounts for 0.4% of Campbell & CO Investment Adviser LLC’s holdings, making the stock its 20th largest holding.
Other large investors have also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC bought a new stake in shares of TE Connectivity in the second quarter valued at about $26,000. Salomon & Ludwin LLC raised its stake in TE Connectivity by 58.9% in the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 66 shares in the last quarter. Richardson Financial Services Inc. bought a new stake in TE Connectivity in the 2nd quarter valued at about $33,000. Costello Asset Management INC acquired a new position in shares of TE Connectivity during the 1st quarter worth approximately $28,000. Finally, Millstone Evans Group LLC bought a new position in shares of TE Connectivity during the first quarter worth approximately $32,000. Institutional investors own 91.43% of the company’s stock.
Insiders Place Their Bets
In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total value of $6,198,452.33. Following the completion of the transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 131,171 shares of company stock valued at $31,380,209. 0.90% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
TE Connectivity Price Performance
Shares of TEL stock opened at $242.27 on Friday. The business has a fifty day simple moving average of $222.75 and a 200 day simple moving average of $191.97. The company has a market cap of $71.59 billion, a P/E ratio of 39.39, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67.
TE Connectivity (NYSE:TEL – Get Free Report) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, topping the consensus estimate of $2.29 by $0.15. The firm had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The business’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.
TE Connectivity Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be paid a $0.71 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a yield of 1.2%. TE Connectivity’s dividend payout ratio is presently 46.18%.
TE Connectivity Profile
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
Featured Stories
- Five stocks we like better than TE Connectivity
- With Risk Tolerance, One Size Does Not Fit All
- Rivian’s Chart Says Go, But Some Analysts Still Say No
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- e.l.f. Sell-Off Is a Good Time to Buy, According to Analysts
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?
Want to see what other hedge funds are holding TEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TEL – Free Report).
Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.
