Dimensional Fund Advisors LP Acquires 118,284 Shares of TE Connectivity Ltd. $TEL

Dimensional Fund Advisors LP boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.2% in the first quarter, HoldingsChannel reports. The fund owned 2,958,535 shares of the electronics maker’s stock after acquiring an additional 118,284 shares during the period. Dimensional Fund Advisors LP’s holdings in TE Connectivity were worth $618,121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TEL. Kohmann Bosshard Financial Services LLC bought a new position in shares of TE Connectivity during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its position in shares of TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new stake in shares of TE Connectivity in the 4th quarter worth approximately $40,000. MV Capital Management Inc. purchased a new stake in shares of TE Connectivity in the 4th quarter worth approximately $41,000. Finally, JFS Wealth Advisors LLC increased its position in TE Connectivity by 54.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock valued at $42,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The transaction 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. Insiders own 0.60% of the company’s stock.

TE Connectivity Stock Down 0.0%

Shares of TEL stock opened at $203.22 on Monday. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. TE Connectivity Ltd. has a 12 month low of $177.21 and a 12 month high of $252.56. The stock has a market cap of $59.32 billion, a P/E ratio of 20.76, a P/E/G ratio of 1.43 and a beta of 1.17. The company has a 50 day simple moving average of $205.86 and a two-hundred day simple moving average of $215.85.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping the consensus estimate of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.72 billion. During the same period in the prior year, the business posted $2.10 EPS. TE Connectivity’s revenue was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, research analysts expect that TE Connectivity Ltd. will post 11.31 earnings per share for the current year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s dividend payout ratio is currently 31.87%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. UBS Group reduced their price target on TE Connectivity from $272.00 to $261.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Truist Financial lowered their price target on TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. HSBC cut shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target on the stock. in a research note on Thursday, April 23rd. Finally, Citigroup cut their price objective on shares of TE Connectivity from $250.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $255.31.

TE Connectivity 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.