2,194 Shares in TE Connectivity Ltd. $TEL Bought by MBB Public Markets I LLC

MBB Public Markets I LLC purchased a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,194 shares of the electronics maker’s stock, valued at approximately $310,000.

Several other institutional investors have also added to or reduced their stakes in the business. Martingale Asset Management L P boosted its position in TE Connectivity by 3.6% during the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock valued at $255,000 after buying an additional 63 shares during the period. Ballentine Partners LLC boosted its position in TE Connectivity by 1.4% during the first quarter. Ballentine Partners LLC now owns 4,975 shares of the electronics maker’s stock valued at $703,000 after buying an additional 68 shares during the period. Vista Investment Management boosted its position in TE Connectivity by 0.5% during the fourth quarter. Vista Investment Management now owns 13,225 shares of the electronics maker’s stock valued at $1,891,000 after buying an additional 70 shares during the period. Silvercrest Asset Management Group LLC boosted its position in TE Connectivity by 2.1% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 3,732 shares of the electronics maker’s stock valued at $534,000 after buying an additional 75 shares during the period. Finally, Wedmont Private Capital boosted its position in TE Connectivity by 4.3% during the first quarter. Wedmont Private Capital now owns 1,944 shares of the electronics maker’s stock valued at $275,000 after buying an additional 80 shares during the period. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at TE Connectivity

In related news, insider Aaron Kyle Stucki sold 52,900 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of the transaction, the insider directly owned 23,667 shares of the company’s stock, valued at $4,562,524.26. This represents a 69.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Malavika Sagar sold 1,945 shares of the stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the completion of the transaction, the senior vice president directly owned 4,716 shares of the company’s stock, valued at approximately $977,155.20. The trade was a 29.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 137,645 shares of company stock valued at $27,267,158 in the last three months. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

TEL has been the subject of several analyst reports. Wells Fargo & Company upped their price target on shares of TE Connectivity from $170.00 to $198.00 and gave the company an “equal weight” rating in a research report on Thursday, July 24th. KGI Securities upgraded shares of TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Robert W. Baird set a $232.00 target price on shares of TE Connectivity in a report on Wednesday, September 3rd. Evercore ISI increased their target price on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Finally, Bank of America increased their target price on shares of TE Connectivity from $168.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $199.55.

TE Connectivity Price Performance

TEL stock opened at $210.49 on Thursday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $212.76. The company has a market cap of $62.20 billion, a P/E ratio of 43.58, a PEG ratio of 2.48 and a beta of 1.23. The firm has a 50-day moving average of $196.87 and a 200 day moving average of $166.60. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the prior year, the firm earned $1.91 earnings per share. TE Connectivity’s revenue was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently declared 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. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s payout ratio is currently 58.80%.

TE Connectivity Company 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.