Fox Run Management L.L.C. Increases Stock Holdings in TE Connectivity Ltd. $TEL

Fox Run Management L.L.C. raised its position in TE Connectivity Ltd. (NYSE:TEL) by 103.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,164 shares of the electronics maker’s stock after buying an additional 4,143 shares during the quarter. Fox Run Management L.L.C.’s holdings in TE Connectivity were worth $1,857,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of TEL. Brighton Jones LLC purchased a new position in TE Connectivity during the fourth quarter worth about $820,000. Sivia Capital Partners LLC raised its holdings in TE Connectivity by 66.7% during the second quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock worth $425,000 after purchasing an additional 1,007 shares in the last quarter. Walleye Capital LLC raised its holdings in TE Connectivity by 14.6% during the second quarter. Walleye Capital LLC now owns 2,688 shares of the electronics maker’s stock worth $453,000 after purchasing an additional 343 shares in the last quarter. Squarepoint Ops LLC raised its holdings in TE Connectivity by 1,214.0% during the second quarter. Squarepoint Ops LLC now owns 105,267 shares of the electronics maker’s stock worth $17,755,000 after purchasing an additional 97,256 shares in the last quarter. Finally, Ieq Capital LLC raised its holdings in TE Connectivity by 75.0% during the second quarter. Ieq Capital LLC now owns 23,284 shares of the electronics maker’s stock worth $3,927,000 after purchasing an additional 9,980 shares in the last quarter. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Stock Down 3.3%

TE Connectivity stock opened at $205.54 on Tuesday. The stock’s 50 day moving average price is $214.31 and its 200 day moving average price is $221.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The company has a market cap of $60.00 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 1.51 and a beta of 1.16. TE Connectivity Ltd. has a 1-year low of $162.17 and a 1-year high of $252.56.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.TE Connectivity’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.10 earnings per share. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, sell-side analysts predict that TE Connectivity Ltd. will post 11.28 EPS for the current fiscal year.

TE Connectivity Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.78 per share. The ex-dividend date is Friday, May 22nd. This is a positive change from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. TE Connectivity’s dividend payout ratio (DPR) is presently 31.87%.

TE Connectivity announced that its board has approved a share buyback program on Wednesday, March 11th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the electronics maker to purchase up to 5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. The Goldman Sachs Group set a $286.00 price target on TE Connectivity in a research note on Wednesday, April 22nd. UBS Group decreased their price target on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. HSBC downgraded TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target on the stock. in a research note on Thursday, April 23rd. Truist Financial decreased their price target on TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Finally, Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $256.57.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,200 shares of company stock worth $6,140,644 in the last quarter. 0.60% of the stock is currently owned by insiders.

TE Connectivity Profile

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.