GSA Capital Partners LLP Sells 2,610 Shares of TE Connectivity Ltd. $TEL

GSA Capital Partners LLP trimmed its holdings in TE Connectivity Ltd. (NYSE:TEL) by 37.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,389 shares of the electronics maker’s stock after selling 2,610 shares during the quarter. GSA Capital Partners LLP’s holdings in TE Connectivity were worth $964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. HHM Wealth Advisors LLC lifted its stake in TE Connectivity by 11.8% in the third quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock valued at $89,000 after buying an additional 43 shares during the period. Great Lakes Advisors LLC increased its stake in shares of TE Connectivity by 3.4% in the 3rd quarter. Great Lakes Advisors LLC now owns 1,457 shares of the electronics maker’s stock valued at $320,000 after acquiring an additional 48 shares in the last quarter. Dakota Community Bank & Trust NA lifted its position in shares of TE Connectivity by 5.4% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock valued at $209,000 after acquiring an additional 49 shares during the period. Csenge Advisory Group boosted its stake in TE Connectivity by 3.2% during the third quarter. Csenge Advisory Group now owns 1,602 shares of the electronics maker’s stock worth $352,000 after acquiring an additional 50 shares in the last quarter. Finally, Security National Bank of SO Dak grew its holdings in TE Connectivity by 0.5% in the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Evercore boosted their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. TD Cowen reiterated a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Finally, Oppenheimer lifted their price target on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average price target of $251.93.

Insiders Place Their Bets

In other TE Connectivity news, insider Shadrak W. Kroeger sold 6,565 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $233.64, for a total value of $1,533,846.60. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at approximately $6,069,032.64. This trade represents a 20.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 23,545 shares of company stock valued at $5,436,928. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Stock Up 0.9%

TEL stock opened at $234.56 on Friday. The firm has a market capitalization of $68.83 billion, a PE ratio of 33.85, a P/E/G ratio of 1.77 and a beta of 1.24. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The stock’s 50 day moving average is $229.79 and its 200-day moving average is $224.34.

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

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be issued a dividend of $0.71 per share. The ex-dividend date is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.2%. TE Connectivity’s payout ratio is 40.98%.

TE Connectivity Company 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.