Vanguard Group Inc. Purchases 410,910 Shares of TE Connectivity Ltd. $TEL

Vanguard Group Inc. increased its position in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,292,320 shares of the electronics maker’s stock after buying an additional 410,910 shares during the period. Vanguard Group Inc. owned 12.96% of TE Connectivity worth $6,458,766,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in shares of TE Connectivity in the 4th quarter valued at about $820,000. CWM LLC increased its position in TE Connectivity by 9.0% during the first quarter. CWM LLC now owns 6,138 shares of the electronics maker’s stock worth $867,000 after buying an additional 507 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in TE Connectivity by 2.6% during the first quarter. Kestra Private Wealth Services LLC now owns 4,473 shares of the electronics maker’s stock worth $632,000 after buying an additional 112 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in TE Connectivity by 2.8% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 23,073 shares of the electronics maker’s stock valued at $3,261,000 after buying an additional 637 shares during the period. Finally, HighPoint Advisor Group LLC lifted its position in shares of TE Connectivity by 4.9% in the first quarter. HighPoint Advisor Group LLC now owns 5,695 shares of the electronics maker’s stock valued at $827,000 after buying an additional 267 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Activity

In related news, 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 value of $20,340,445.00. Following the completion of the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider owned 25,976 shares in the company, valued at $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 131,171 shares of company stock worth $31,380,209. 0.90% of the stock is currently owned by company insiders.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $231.51 on Wednesday. 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 stock has a market capitalization of $68.11 billion, a price-to-earnings ratio of 37.64, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company has a 50-day simple moving average of $227.37 and a two-hundred day simple moving average of $197.02.

TE Connectivity (NYSE:TELGet Free Report) last announced 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 net margin of 10.67% and a return on equity of 21.18%. The firm had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. During the same quarter in the prior year, the business posted $1.95 EPS. The business’s 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. Analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders 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 yield of 1.2%. TE Connectivity’s payout ratio is currently 46.18%.

Analysts Set New Price Targets

A number of research firms recently weighed in on TEL. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. 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, October 30th. The Goldman Sachs Group raised their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. UBS Group upped their price target 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. Finally, Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $244.15.

Check Out Our Latest Stock Analysis on TE Connectivity

About TE Connectivity

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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