NewEdge Wealth LLC Cuts Stake in TE Connectivity Ltd. $TEL

NewEdge Wealth LLC lessened its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 13.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,268 shares of the electronics maker’s stock after selling 5,447 shares during the quarter. NewEdge Wealth LLC’s holdings in TE Connectivity were worth $7,581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TEL. Vanguard Group Inc. boosted its position in shares of TE Connectivity by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 38,421,283 shares of the electronics maker’s stock worth $8,741,226,000 after acquiring an additional 168,142 shares during the last quarter. State Street Corp increased its holdings in TE Connectivity by 0.6% in the 4th quarter. State Street Corp now owns 13,105,219 shares of the electronics maker’s stock valued at $2,981,572,000 after acquiring an additional 76,292 shares during the last quarter. Geode Capital Management LLC increased its holdings in TE Connectivity by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 6,284,933 shares of the electronics maker’s stock valued at $1,425,669,000 after acquiring an additional 161,967 shares during the last quarter. Bank of America Corp DE lifted its stake in TE Connectivity by 27.5% in the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of TE Connectivity by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 4,403,794 shares of the electronics maker’s stock valued at $1,001,907,000 after purchasing an additional 144,353 shares during the last quarter. 91.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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 transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

TE Connectivity Trading Down 0.7%

Shares of NYSE TEL opened at $198.87 on Friday. TE Connectivity Ltd. has a 1-year low of $190.27 and a 1-year high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.88 and a quick ratio of 1.20. The business’s 50 day moving average is $205.41 and its two-hundred day moving average is $215.09. The stock has a market capitalization of $58.05 billion, a P/E ratio of 19.50, a PEG ratio of 1.40 and a beta of 1.17.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.09. The business had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.01 billion. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the company earned $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, research analysts expect that TE Connectivity Ltd. will post 11.31 EPS for the current year.

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors 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 (DPR) is currently 30.59%.

More TE Connectivity News

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

• Positive Sentiment: TE Connectivity reported fiscal Q3 results that beat expectations, with earnings of $2.94 per share and revenue of $5.16 billion, while sales rose 14% year over year on record demand. Article: TE Connectivity delivers results above guidance with 14% sales growth and 19% EPS growth in third quarter of fiscal 2026
• Positive Sentiment: The company issued upbeat Q4 guidance above Wall Street expectations, reinforcing confidence in continued double-digit sales and earnings growth. Article: TE Connectivity projects upbeat quarterly results amid strong AI tools demand
• Positive Sentiment: Analysts highlighted improving earnings estimate revisions and an average price target that implies roughly 27% upside, which can support bullish sentiment. Article: Wall Street Analysts Believe TE Connectivity (TEL) Could Rally 26.98%: Here’s is How to Trade
• Positive Sentiment: Momentum-focused coverage also pointed to TE Connectivity as a strong momentum name after the earnings beat and favorable demand trends. Article: Here’s Why TE Connectivity (TEL) is a Strong Momentum Stock
• Neutral Sentiment: Options activity showed elevated call buying, suggesting traders are positioning for more upside after the earnings release. Article: Stock Traders Purchase High Volume of Call Options on TE Connectivity (NYSE:TEL)
• Negative Sentiment: Wells Fargo cut its price target on TE Connectivity to $209 from $230, even while keeping an equal-weight rating, which may temper enthusiasm. Article: Wells Fargo lowered TE Connectivity price target
• Negative Sentiment: Some commentary suggested the shares may already be fairly valued after the recent earnings-driven move, raising the risk of consolidation. Article: TE Connectivity (TEL) Stock Looks Fully Priced Despite Cheap Earnings
• Negative Sentiment: News that TE Connectivity is falling after a $1.4 billion Astrodyne deal overshadowed its earnings and outlook beat suggests investors are also weighing acquisition-related concerns. Article: TE Connectivity falls as $1.4B Astrodyne deal overshadows earnings, outlook beat

Analyst Ratings Changes

TEL has been the topic of several research reports. Wells Fargo & Company reduced their target price on TE Connectivity from $230.00 to $209.00 and set an “equal weight” rating on the stock in a report on Thursday. Evercore restated an “in-line” rating and set a $230.00 price target on shares of TE Connectivity in a report on Monday, June 22nd. UBS Group reaffirmed a “buy” rating and set a $241.00 price objective on shares of TE Connectivity in a report on Thursday. Jefferies Financial Group upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 15th. Finally, Citigroup reduced their price target 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 research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.15.

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.