Blue Trust Inc. Increases Stock Position in TE Connectivity Ltd. $TEL

Blue Trust Inc. boosted its stake in TE Connectivity Ltd. (NYSE:TEL) by 87.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,050 shares of the electronics maker’s stock after purchasing an additional 959 shares during the quarter. Blue Trust Inc.’s holdings in TE Connectivity were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Foresight Group Ltd Liability Partnership purchased a new position in TE Connectivity in the 1st quarter worth approximately $31,983,000. Cambridge Investment Research Advisors Inc. grew its position in TE Connectivity by 1.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,540 shares of the electronics maker’s stock worth $2,479,000 after acquiring an additional 192 shares in the last quarter. Ascent Group LLC purchased a new position in TE Connectivity in the first quarter worth $364,000. Modern Wealth Management LLC purchased a new position in shares of TE Connectivity in the 1st quarter worth about $310,000. Finally, Valeo Financial Advisors LLC boosted its holdings in shares of TE Connectivity by 39,846.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock worth $299,490,000 after purchasing an additional 1,771,153 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

TEL has been the subject of several research reports. Citigroup upped their target price on TE Connectivity from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Evercore ISI upped their price objective on shares of TE Connectivity from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, August 12th. Truist Financial increased their price objective on TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. Finally, UBS Group increased their price target on shares of TE Connectivity from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus price target of $219.92.

Insider Buying and Selling

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of the business’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $207.20, for a total value of $403,004.00. Following the sale, the senior vice president directly owned 4,716 shares of the company’s stock, valued at approximately $977,155.20. The trade was a 29.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 45,850 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 24,625 shares in the company, valued at approximately $5,154,751.25. The trade was a 65.06% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 124,545 shares of company stock valued at $25,040,158. 0.90% of the stock is owned by company insiders.

TE Connectivity Stock Performance

Shares of TEL stock opened at $219.44 on Tuesday. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $226.40. The stock has a market cap of $64.84 billion, a PE ratio of 45.43, 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. The company’s fifty day moving average price is $210.71 and its 200-day moving average price is $178.01.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, topping the consensus estimate 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 quarterly revenue was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, equities analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given 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 of this dividend is Friday, November 21st. TE Connectivity’s payout ratio is currently 58.80%.

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.