Appleton Partners Inc. MA Has $2.74 Million Stake in TE Connectivity Ltd. $TEL

Appleton Partners Inc. MA boosted its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 0.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,215 shares of the electronics maker’s stock after acquiring an additional 124 shares during the period. Appleton Partners Inc. MA’s holdings in TE Connectivity were worth $2,735,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TEL. Costello Asset Management INC acquired a new position in TE Connectivity during the 1st quarter worth $28,000. Millstone Evans Group LLC acquired a new position in shares of TE Connectivity during the first quarter valued at about $32,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of TE Connectivity during the first quarter valued at about $34,000. Ransom Advisory Ltd acquired a new position in shares of TE Connectivity during the first quarter valued at about $34,000. Finally, Dagco Inc. acquired a new position in shares of TE Connectivity during the first quarter valued at about $35,000. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of TEL stock opened at $221.00 on Monday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $224.97. The firm’s 50 day moving average is $208.91 and its 200-day moving average is $174.92. The firm has a market capitalization of $65.30 billion, a price-to-earnings ratio of 45.75, a PEG ratio of 2.39 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.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same period in the prior year, the business earned $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. Sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio is currently 58.80%.

Analysts Set New Price Targets

A number of brokerages have recently commented on TEL. Wall Street Zen lowered shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 31st. JPMorgan Chase & Co. upped their target price on shares of TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a research note on Saturday, September 27th. Finally, UBS Group upped their price objective on shares of TE Connectivity from $185.00 to $201.00 and gave the stock a “buy” rating in a research note on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus price target of $211.36.

Insider Buying and Selling at TE Connectivity

In related news, SVP Malavika Sagar sold 1,945 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $207.20, for a total value of $403,004.00. Following the transaction, the senior vice president directly owned 4,716 shares in the company, valued at $977,155.20. This represents a 29.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at approximately $5,272,868.24. This trade represents a 47.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 124,545 shares of company stock valued at $25,040,158. 0.90% of the stock is currently owned by corporate insiders.

TE Connectivity Company 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.