Inceptionr LLC Makes New Investment in TE Connectivity Ltd. $TEL

Inceptionr LLC purchased a new stake in shares of TE Connectivity Ltd. (NYSE:TELFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,470 shares of the electronics maker’s stock, valued at approximately $1,770,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gulf International Bank UK Ltd lifted its stake in shares of TE Connectivity by 0.3% in the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock worth $3,412,000 after acquiring an additional 44 shares during the period. MCF Advisors LLC increased its position in shares of TE Connectivity by 14.1% during the 4th quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after purchasing an additional 45 shares during the period. Webster Bank N. A. raised its stake in shares of TE Connectivity by 19.1% in the 4th quarter. Webster Bank N. A. now owns 287 shares of the electronics maker’s stock worth $65,000 after buying an additional 46 shares in the last quarter. CYBER HORNET ETFs LLC boosted its stake in TE Connectivity by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock valued at $202,000 after buying an additional 47 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in TE Connectivity by 4.2% during the fourth quarter. Harbour Investments Inc. now owns 1,193 shares of the electronics maker’s stock worth $271,000 after acquiring an additional 48 shares during the period. Institutional investors own 91.43% of the company’s stock.

Key Headlines Impacting TE Connectivity

Here are the key news stories impacting TE Connectivity this week:

TE Connectivity Trading Down 0.7%

Shares of NYSE TEL opened at $198.87 on Friday. TE Connectivity Ltd. has a one year low of $190.27 and a one year high of $252.56. The firm has a market capitalization of $58.05 billion, a PE ratio of 19.50, a PEG ratio of 1.40 and a beta of 1.17. The company has a current ratio of 1.88, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $205.41 and a two-hundred day moving average price of $215.09.

TE Connectivity (NYSE:TELGet Free Report) last issued its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.09. The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, analysts predict that TE Connectivity Ltd. will post 11.31 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a $0.78 dividend. The ex-dividend date is Friday, August 21st. This represents a $3.12 dividend on an annualized basis and a yield of 1.6%. TE Connectivity’s dividend payout ratio is presently 30.59%.

Insider Activity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the sale, the insider owned 25,976 shares of the company’s stock, valued at $5,584,840. This trade represents a 26.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.

Analyst Ratings Changes

TEL has been the subject of several research reports. Citigroup reduced their price objective on shares of TE Connectivity from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Truist Financial decreased their price target on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research report on Thursday, April 23rd. Barclays increased their price objective on TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, June 15th. HSBC downgraded TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 target price for the company. in a report on Thursday, April 23rd. Finally, The Goldman Sachs Group set a $286.00 price objective on TE Connectivity in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and an average target price of $251.15.

View Our Latest Stock Analysis on TE Connectivity

About TE Connectivity

(Free Report)

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.

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Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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