Cambiar Investors LLC Sells 49,612 Shares of TE Connectivity Ltd. $TEL

Cambiar Investors LLC lessened its holdings in TE Connectivity Ltd. (NYSE:TEL) by 20.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,400 shares of the electronics maker’s stock after selling 49,612 shares during the quarter. Cambiar Investors LLC owned 0.06% of TE Connectivity worth $31,946,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TEL. Vanguard Group Inc. raised its position in TE Connectivity by 17.0% during the first quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock worth $5,353,401,000 after acquiring an additional 5,502,415 shares in the last quarter. Valeo Financial Advisors LLC raised its position in TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock worth $299,490,000 after acquiring an additional 1,771,153 shares in the last quarter. Nuveen LLC bought a new stake in TE Connectivity during the first quarter worth $174,700,000. Wellington Management Group LLP raised its position in TE Connectivity by 17.2% during the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock worth $1,054,133,000 after acquiring an additional 1,097,035 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in TE Connectivity by 17.1% during the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock worth $927,571,000 after acquiring an additional 960,276 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Truist Financial upped their price objective on shares of TE Connectivity from $200.00 to $255.00 and gave the company a “hold” rating in a report on Thursday. UBS Group upped their price objective on shares of TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. Bank of America upped their price objective on shares of TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 10th. Finally, Citigroup upped their price objective on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $239.25.

TE Connectivity Trading Up 1.5%

Shares of TE Connectivity stock opened at $247.14 on Friday. The company has a market capitalization of $73.03 billion, a price-to-earnings ratio of 40.19, a PEG ratio of 2.24 and a beta of 1.26. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $247.92. The firm’s 50-day moving average price is $218.96 and its two-hundred day moving average price is $187.95.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio is presently 46.18%.

Insider Transactions at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider directly owned 25,976 shares in the company, valued at $5,272,868.24. This represents a 47.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.90% of the stock is owned by insiders.

About TE Connectivity

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.