LRI Investments LLC Purchases 221 Shares of TE Connectivity Ltd. $TEL

LRI Investments LLC lifted its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 27.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,038 shares of the electronics maker’s stock after purchasing an additional 221 shares during the quarter. LRI Investments LLC’s holdings in TE Connectivity were worth $175,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in TEL. Costello Asset Management INC bought a new stake in shares of TE Connectivity during the first quarter valued at approximately $28,000. Millstone Evans Group LLC purchased a new position in TE Connectivity during the first quarter valued at $32,000. Richardson Financial Services Inc. purchased a new position in TE Connectivity during the second quarter valued at $33,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in TE Connectivity during the first quarter valued at $34,000. Finally, Ransom Advisory Ltd purchased a new position in TE Connectivity during the first quarter valued at $34,000. 91.43% of the stock is currently owned by institutional investors.

TE Connectivity Stock Down 3.6%

TEL stock opened at $214.55 on Monday. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $226.40. The business has a fifty day moving average price of $210.41 and a 200-day moving average price of $177.47. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The stock has a market capitalization of $63.40 billion, a P/E ratio of 44.42, a P/E/G ratio of 2.31 and a beta of 1.26.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.19. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the business earned $1.91 earnings per share. The company’s 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. Equities analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. TE Connectivity’s payout ratio is presently 58.80%.

Insider Transactions at TE Connectivity

In related news, insider Aaron Kyle Stucki sold 52,900 shares of TE Connectivity stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of the sale, the insider owned 23,667 shares of the company’s stock, valued at $4,562,524.26. The trade was a 69.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total value of $9,597,780.50. Following the completion of the sale, the executive vice president directly owned 24,625 shares of the company’s stock, valued at $5,154,751.25. The trade was a 65.06% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 124,545 shares of company stock worth $25,040,158. 0.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on TEL. Bank of America lifted their price objective on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 10th. KGI Securities upgraded TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Wall Street Zen cut TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Robert W. Baird lifted their price objective on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their price target on TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Two investment 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. According to MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and an average target price of $219.92.

About TE Connectivity

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.