Nelson Capital Management LLC Acquires 63 Shares of TE Connectivity Ltd. $TEL

Nelson Capital Management LLC lifted its stake in TE Connectivity Ltd. (NYSE:TEL) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,464 shares of the electronics maker’s stock after acquiring an additional 63 shares during the period. Nelson Capital Management LLC’s holdings in TE Connectivity were worth $2,608,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TEL. Vanguard Group Inc. boosted its stake in TE Connectivity by 17.0% in the 1st quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock worth $5,353,401,000 after purchasing an additional 5,502,415 shares during the period. Dodge & Cox boosted its position in shares of TE Connectivity by 0.4% in the first quarter. Dodge & Cox now owns 16,022,480 shares of the electronics maker’s stock valued at $2,264,297,000 after acquiring an additional 56,871 shares during the period. Wellington Management Group LLP boosted its position in shares of TE Connectivity by 17.2% in 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 acquiring an additional 1,097,035 shares during the period. Ameriprise Financial Inc. boosted its position in shares of TE Connectivity by 17.1% in the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after acquiring an additional 960,276 shares during the period. Finally, EdgePoint Investment Group Inc. boosted its holdings in TE Connectivity by 5.8% in the 1st quarter. EdgePoint Investment Group Inc. now owns 4,108,472 shares of the electronics maker’s stock valued at $580,609,000 after purchasing an additional 224,422 shares during the period. 91.43% of the stock is owned by institutional investors.

TE Connectivity Trading Down 0.5%

Shares of TEL stock opened at $221.85 on Wednesday. The business has a 50-day moving average price of $209.45 and a two-hundred day moving average price of $175.78. The firm has a market cap of $65.55 billion, a P/E ratio of 45.93, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $225.26. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39.

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

TE Connectivity Announces Dividend

The firm also recently disclosed 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. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity’s payout ratio is presently 58.80%.

Insider Buying and Selling at TE Connectivity

In other TE Connectivity news, insider Aaron Kyle Stucki sold 52,900 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of the sale, the insider directly owned 23,667 shares of the company’s stock, valued at $4,562,524.26. The trade was a 69.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John S. Jenkins sold 45,850 shares of the business’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the completion of the sale, the executive vice president directly owned 24,625 shares of the company’s stock, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 124,545 shares of company stock valued at $25,040,158. Company insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on TEL. Wells Fargo & Company raised their price target on shares of TE Connectivity from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Thursday, September 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a research note on Saturday, September 27th. JPMorgan Chase & Co. lifted their price target on TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. KGI Securities upgraded TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Finally, UBS Group lifted their target price on shares of TE Connectivity from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average target price of $219.42.

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.