Vontobel Holding Ltd. Boosts Stock Position in TE Connectivity Ltd. $TEL

Vontobel Holding Ltd. grew its holdings in TE Connectivity Ltd. (NYSE:TEL) by 382.7% during the third quarter, HoldingsChannel.com reports. The firm owned 176,924 shares of the electronics maker’s stock after acquiring an additional 140,274 shares during the quarter. Vontobel Holding Ltd.’s holdings in TE Connectivity were worth $38,840,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in TEL. OLD National Bancorp IN boosted its holdings in shares of TE Connectivity by 6.0% in the third quarter. OLD National Bancorp IN now owns 3,723 shares of the electronics maker’s stock valued at $817,000 after purchasing an additional 211 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of TE Connectivity by 127.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,351 shares of the electronics maker’s stock valued at $1,175,000 after purchasing an additional 3,002 shares in the last quarter. Patton Fund Management Inc. purchased a new position in TE Connectivity during the third quarter valued at approximately $335,000. HBK Sorce Advisory LLC bought a new stake in TE Connectivity during the 3rd quarter valued at $204,000. Finally, Exchange Traded Concepts LLC increased its holdings in shares of TE Connectivity by 259.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 8,113 shares of the electronics maker’s stock valued at $1,781,000 after acquiring an additional 5,855 shares during the period. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 45,503 shares in the company, valued at $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The sale was disclosed in a 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 stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, the executive vice president directly owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TEL has been the topic of several analyst reports. Citigroup lifted their target price on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Cowen restated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. TD Cowen lifted their target price on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Evercore ISI increased their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Finally, Barclays raised their target price on shares of TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, TE Connectivity presently has a consensus rating of “Moderate Buy” and an average target price of $244.85.

TE Connectivity Stock Up 0.0%

TE Connectivity stock opened at $233.54 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56. The company has a 50-day simple moving average of $233.22 and a 200-day simple moving average of $209.33. The firm has a market capitalization of $68.71 billion, a P/E ratio of 38.03, a P/E/G ratio of 1.79 and a beta of 1.25. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $4.57 billion. During the same quarter in the prior year, the firm posted $1.95 EPS. TE Connectivity’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. As a group, equities analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. TE Connectivity’s dividend payout ratio is 46.18%.

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.