TE Connectivity Ltd. $TEL Shares Acquired by LFL Advisers LLC

LFL Advisers LLC increased its holdings in TE Connectivity Ltd. (NYSE:TEL) by 3.1% during the second quarter, HoldingsChannel.com reports. The fund owned 248,588 shares of the electronics maker’s stock after buying an additional 7,552 shares during the period. TE Connectivity makes up approximately 16.8% of LFL Advisers LLC’s holdings, making the stock its largest holding. LFL Advisers LLC’s holdings in TE Connectivity were worth $41,929,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Fidelis Capital Partners LLC increased 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 purchasing an additional 52 shares during the period. Rossby Financial LCC grew its holdings in shares of TE Connectivity by 6.0% during the second 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 last quarter. Premier Path Wealth Partners LLC increased its position in TE Connectivity by 2.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after acquiring an additional 57 shares during the period. Personal CFO Solutions LLC raised its stake in TE Connectivity by 3.0% during the 2nd quarter. Personal CFO Solutions LLC now owns 2,117 shares of the electronics maker’s stock valued at $357,000 after acquiring an additional 61 shares during the last quarter. Finally, Martingale Asset Management L P lifted its position in TE Connectivity by 3.6% during the 1st quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after acquiring an additional 63 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insiders Place Their Bets

In related news, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 20,903 shares in the company, valued at $5,178,300.19. The trade was a 54.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer directly 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 SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays upped their price target on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. UBS Group boosted their price objective on shares of TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Truist Financial reduced their target price on shares of TE Connectivity from $255.00 to $239.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Citigroup boosted their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, The Goldman Sachs Group raised their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $244.46.

TE Connectivity Stock Performance

Shares of TEL opened at $233.36 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a 50-day simple moving average of $230.02 and a 200-day simple moving average of $202.18. The company has a market capitalization of $68.65 billion, a PE ratio of 37.94, a P/E/G ratio of 1.77 and a beta of 1.25.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The company had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. During the same period in the prior year, the business posted $1.95 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

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

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.