Beverly Hills Private Wealth LLC Sells 450 Shares of TE Connectivity Ltd. $TEL

Beverly Hills Private Wealth LLC trimmed its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,240 shares of the electronics maker’s stock after selling 450 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in TE Connectivity were worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TEL. Vanguard Group Inc. grew its position in TE Connectivity by 17.0% during the 1st quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock worth $5,353,401,000 after acquiring an additional 5,502,415 shares during the last quarter. Valeo Financial Advisors LLC grew its position 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 buying an additional 1,771,153 shares during the last quarter. Nuveen LLC purchased a new position in shares of TE Connectivity during the first quarter valued at approximately $174,700,000. Wellington Management Group LLP increased its stake in shares of TE Connectivity by 17.2% during 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 buying an additional 1,097,035 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of TE Connectivity by 17.1% during the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after buying an additional 960,276 shares during the period. 91.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TEL shares. Evercore ISI boosted their target price on TE Connectivity from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, August 12th. KGI Securities raised TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Wells Fargo & Company boosted their target price on TE Connectivity from $198.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. Wall Street Zen cut TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Finally, Bank of America raised their target price on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $219.92.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity 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 transaction, the insider owned 25,976 shares in the company, valued at approximately $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Malavika Sagar sold 1,945 shares of TE Connectivity stock in a transaction 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 owned 4,716 shares of the company’s stock, valued at $977,155.20. The trade was a 29.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,545 shares of company stock worth $25,040,158 over the last three months. 0.90% of the stock is owned by corporate insiders.

TE Connectivity Trading Down 0.4%

TEL opened at $223.33 on Monday. The stock has a market cap of $65.99 billion, a PE ratio of 46.24, a PEG ratio of 2.41 and a beta of 1.26. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39. The business has a 50 day moving average of $212.45 and a 200-day moving average of $180.36. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $226.50.

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

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s payout ratio is presently 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.