OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys Shares of 26,355 TE Connectivity Ltd. $TEL

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 26,355 shares of the electronics maker’s stock, valued at approximately $5,996,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TEL. Kohmann Bosshard Financial Services LLC purchased a new stake in TE Connectivity during the 4th quarter worth approximately $25,000. Caitlin John LLC purchased a new position in TE Connectivity in the 3rd quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of TE Connectivity in the third quarter worth $29,000. Commonwealth Retirement Investments LLC acquired a new position in shares of TE Connectivity in the fourth quarter worth $40,000. Finally, MV Capital Management Inc. purchased a new stake in shares of TE Connectivity during the fourth quarter worth $41,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the sale, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. This trade represents 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 have sold 28,200 shares of company stock valued at $6,140,644 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Stock Up 0.2%

Shares of NYSE TEL opened at $218.03 on Friday. The business has a 50-day moving average of $214.88 and a two-hundred day moving average of $220.37. The company has a market capitalization of $63.64 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 1.54 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. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20.

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

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

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 21st. TE Connectivity’s dividend payout ratio is currently 31.87%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Truist Financial decreased their target price on TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Jefferies Financial Group upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their price target on TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. UBS Group decreased their price objective on TE Connectivity from $272.00 to $261.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group set a $286.00 price objective on TE Connectivity in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $256.79.

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.