National Pension Service Has $118.37 Million Position in TE Connectivity Ltd. $TEL

National Pension Service raised its holdings in TE Connectivity Ltd. (NYSE:TEL) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 539,175 shares of the electronics maker’s stock after buying an additional 24,546 shares during the period. National Pension Service owned about 0.18% of TE Connectivity worth $118,365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of TEL. Princeton Global Asset Management LLC bought a new stake in TE Connectivity in the 2nd quarter worth about $26,000. SOA Wealth Advisors LLC. grew its holdings in shares of TE Connectivity by 47.4% in the third quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after acquiring an additional 54 shares in the last quarter. Salomon & Ludwin LLC increased its position in shares of TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 66 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in TE Connectivity during the third quarter worth $39,000. Finally, Neo Ivy Capital Management purchased a new position in TE Connectivity in the second quarter worth $30,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

NYSE:TEL opened at $222.58 on Friday. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The business’s fifty day moving average is $230.79 and its 200 day moving average is $221.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a market cap of $65.31 billion, a price-to-earnings ratio of 32.12, a PEG ratio of 1.72 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same quarter in the previous year, the firm earned $1.95 EPS. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

Insiders Place Their Bets

In other news, EVP John S. Jenkins sold 25,021 shares of the company’s 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 transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This represents a 64.40% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TEL shares. Truist Financial raised their target price on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Citigroup boosted their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a research note on Wednesday, January 21st. JPMorgan Chase & Co. upped their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings lowered TE Connectivity from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $250.86.

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.