OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes Position in TE Connectivity Ltd. $TEL

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

Several other institutional investors and hedge funds have also recently modified their holdings of TEL. Brighton Jones LLC bought a new stake in shares of TE Connectivity during the 4th quarter valued at $820,000. Sivia Capital Partners LLC raised its position in shares of TE Connectivity by 66.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock valued at $425,000 after purchasing an additional 1,007 shares during the period. Walleye Capital LLC increased its holdings in TE Connectivity by 14.6% in the 2nd quarter. Walleye Capital LLC now owns 2,688 shares of the electronics maker’s stock valued at $453,000 after acquiring an additional 343 shares during the last quarter. Squarepoint Ops LLC increased its holdings in TE Connectivity by 1,214.0% in the 2nd quarter. Squarepoint Ops LLC now owns 105,267 shares of the electronics maker’s stock valued at $17,755,000 after acquiring an additional 97,256 shares during the last quarter. Finally, Ieq Capital LLC increased its holdings in TE Connectivity by 75.0% in the 2nd quarter. Ieq Capital LLC now owns 23,284 shares of the electronics maker’s stock valued at $3,927,000 after acquiring an additional 9,980 shares during the last quarter. 91.43% of the stock is currently owned by institutional investors.

Insider Activity at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at approximately $5,584,840. The trade was a 26.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 28,200 shares of company stock valued at $6,140,644. Insiders own 0.60% of the company’s stock.

TE Connectivity Price Performance

TEL stock opened at $215.88 on Tuesday. TE Connectivity Ltd. has a 12 month low of $162.17 and a 12 month high of $252.56. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $214.64 and a 200 day moving average price of $220.59. The stock has a market cap of $63.02 billion, a PE ratio of 22.05, a P/E/G ratio of 1.49 and a beta of 1.16.

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

TE Connectivity announced that its board has approved a stock repurchase plan on Wednesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the electronics maker to buy up to 5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

TE Connectivity Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have issued reports on TEL shares. Jefferies Financial Group upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Zacks Research downgraded shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. HSBC downgraded shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target on the stock. in a report on Thursday, April 23rd. Finally, Truist Financial reduced their price target on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average target price of $256.79.

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.