TE Connectivity Ltd. $TEL Stock Holdings Decreased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC reduced its position in TE Connectivity Ltd. (NYSE:TEL) by 10.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,240 shares of the electronics maker’s stock after selling 479 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in TE Connectivity were worth $715,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TEL. Vanguard Group Inc. increased its position in shares of TE Connectivity by 17.0% in 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 increased its position in shares of TE Connectivity by 39,846.0% in 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 purchased a new position in shares of TE Connectivity in the first quarter worth approximately $174,700,000. Wellington Management Group LLP grew 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 valued at $1,054,133,000 after purchasing an additional 1,097,035 shares in the last quarter. Finally, Ameriprise Financial Inc. grew 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 valued at $927,571,000 after purchasing an additional 960,276 shares in the last quarter. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Trading Down 3.6%

Shares of TEL stock opened at $214.55 on Monday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $226.40. The firm’s fifty day simple moving average is $210.41 and its 200 day simple moving average is $177.47. The firm has a market capitalization of $63.40 billion, a P/E ratio of 44.42, a price-to-earnings-growth ratio of 2.31 and a beta of 1.26. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the previous year, the firm posted $1.91 earnings per share. TE Connectivity’s revenue was up 13.9% compared to the same quarter last year. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, sell-side analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be issued a $0.71 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio is presently 58.80%.

Insider Activity

In other news, EVP John S. Jenkins sold 45,850 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $209.33, for a total value of $9,597,780.50. Following the sale, the executive vice president owned 24,625 shares of the company’s stock, valued at approximately $5,154,751.25. This represents a 65.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Malavika Sagar sold 1,945 shares of the company’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the transaction, the senior vice president owned 4,716 shares in the company, valued at approximately $977,155.20. This trade represents a 29.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 124,545 shares of company stock worth $25,040,158 in the last quarter. 0.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

TEL has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 31st. The Goldman Sachs Group boosted 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. Truist Financial lifted their target price on shares of TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. Finally, KGI Securities upgraded shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Two research analysts have 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.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $219.92.

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.