USA Financial Formulas Invests $606,000 in TE Connectivity Ltd. $TEL

USA Financial Formulas bought a new position in TE Connectivity Ltd. (NYSE:TEL) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 2,760 shares of the electronics maker’s stock, valued at approximately $606,000.

Several other hedge funds have also bought and sold shares of TEL. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity in the second quarter worth about $26,000. Salomon & Ludwin LLC increased its holdings in TE Connectivity by 58.9% in the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 66 shares in the last quarter. Neo Ivy Capital Management bought a new stake in TE Connectivity during the 2nd quarter worth approximately $30,000. Caldwell Trust Co purchased a new position in TE Connectivity during the second quarter valued at approximately $31,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares during the period. Institutional investors own 91.43% of the company’s stock.

Insiders Place Their Bets

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction 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 completion of the transaction, the executive vice president directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was 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 owned 45,503 shares in the company, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.90% of the company’s stock.

TE Connectivity Stock Up 1.9%

TEL opened at $230.18 on Friday. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $250.67. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The firm has a 50-day simple moving average of $232.70 and a two-hundred day simple moving average of $208.03. The company has a market capitalization of $67.72 billion, a PE ratio of 37.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.25.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 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 the consensus estimate of $4.57 billion. During the same period in the previous year, the business earned $1.95 earnings per share. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. 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 announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is currently 46.18%.

Analysts Set New Price Targets

Several brokerages have recently commented on TEL. Wells Fargo & Company raised their price objective on shares of TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 9th. TD Cowen increased their price target on TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. UBS Group boosted their price objective on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. upped their price objective on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Finally, Cowen reissued a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity has an average rating of “Moderate Buy” and a consensus price target of $244.85.

About TE Connectivity

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.