3,258 Shares in TE Connectivity Ltd. $TEL Bought by MQS Management LLC

MQS Management LLC acquired a new stake in TE Connectivity Ltd. (NYSE:TEL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,258 shares of the electronics maker’s stock, valued at approximately $715,000.

Several other hedge funds also recently made changes to their positions in the company. Princeton Global Asset Management LLC purchased a new stake in shares of TE Connectivity in the 2nd quarter valued at about $26,000. SOA Wealth Advisors LLC. grew its stake in TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after buying an additional 54 shares during the last quarter. Salomon & Ludwin LLC lifted its stake in TE Connectivity by 58.9% in the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after buying an additional 66 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in TE Connectivity in the third quarter valued at approximately $39,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of TE Connectivity in the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on TEL shares. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Evercore raised their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Citigroup upped their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Barclays raised their price target on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Finally, Wells Fargo & Company boosted their price target on TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, TE Connectivity presently has a consensus rating of “Moderate Buy” and a consensus price target of $250.86.

Insider Buying and Selling

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the sale, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.

TE Connectivity Trading Down 0.3%

NYSE TEL opened at $225.83 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $66.27 billion, a P/E ratio of 32.59, a P/E/G ratio of 1.72 and a beta of 1.24. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The firm has a 50-day moving average price of $230.26 and a 200 day moving average price of $223.07.

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

TE Connectivity Dividend Announcement

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

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.