National Pension Service Sells 301,952 Shares of TE Connectivity Ltd. $TEL

National Pension Service lessened its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 37.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 514,629 shares of the electronics maker’s stock after selling 301,952 shares during the period. National Pension Service’s holdings in TE Connectivity were worth $86,802,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Fidelis Capital Partners LLC lifted its stake in TE Connectivity by 1.6% in the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after buying an additional 52 shares during the period. Rossby Financial LCC raised its stake in TE Connectivity by 6.0% during the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after buying an additional 57 shares during the period. Premier Path Wealth Partners LLC lifted its holdings in TE Connectivity by 2.8% during the second quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock worth $348,000 after acquiring an additional 57 shares in the last quarter. Martingale Asset Management L P grew its stake in TE Connectivity by 3.6% in the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock valued at $255,000 after acquiring an additional 63 shares during the period. Finally, Nelson Capital Management LLC raised its position in shares of TE Connectivity by 0.4% during the second quarter. Nelson Capital Management LLC now owns 15,464 shares of the electronics maker’s stock worth $2,608,000 after purchasing an additional 63 shares during the period. 91.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TEL has been the topic of several recent research reports. Wells Fargo & Company lifted their price target on TE Connectivity from $215.00 to $241.00 and gave the company an “equal weight” rating in a research note on Thursday, October 30th. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. UBS Group raised their price target on shares of TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Finally, The Goldman Sachs Group increased their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $241.58.

TE Connectivity Stock Down 0.2%

TE Connectivity stock opened at $246.60 on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $72.87 billion, a PE ratio of 40.10, a PEG ratio of 2.24 and a beta of 1.27. The firm’s fifty day moving average is $225.26 and its 200 day moving average is $194.20. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67.

TE Connectivity (NYSE:TEL) last issued its earnings results 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. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The company had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.57 billion. During the same period last year, the business earned $1.95 EPS. TE Connectivity’s quarterly revenue was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is 46.18%.

Insider Activity at TE Connectivity

In other TE Connectivity news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the transaction, the chief financial officer owned 45,503 shares in the company, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total value of $6,198,452.33. Following the transaction, the executive vice president directly owned 20,903 shares in the company, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 131,171 shares of company stock valued at $31,380,209. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity 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.