Stance Capital LLC Purchases Shares of 7,995 TE Connectivity Ltd. $TEL

Stance Capital LLC purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 7,995 shares of the electronics maker’s stock, valued at approximately $1,349,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in TE Connectivity by 1.1% during the second quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after acquiring an additional 410,910 shares during the last quarter. Dodge & Cox lifted its holdings in shares of TE Connectivity by 6.3% during the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after buying an additional 1,017,323 shares in the last quarter. State Street Corp increased its position in TE Connectivity by 0.8% during the second quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock worth $2,180,693,000 after acquiring an additional 100,040 shares during the period. Wellington Management Group LLP increased its holdings 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 worth $1,054,133,000 after purchasing an additional 1,097,035 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of TE Connectivity by 7.1% in the second quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock valued at $1,185,474,000 after buying an additional 464,853 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

NYSE TEL opened at $230.25 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The company has a market cap of $67.74 billion, a P/E ratio of 37.44, a PEG ratio of 1.77 and a beta of 1.25. The company has a fifty day simple moving average of $232.11 and a 200 day simple moving average of $205.71.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Sell-side analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This represents a 64.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the sale, the executive vice president directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on TEL shares. JPMorgan Chase & Co. increased their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Truist Financial reduced their price target on shares of TE Connectivity from $255.00 to $239.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Finally, TD Cowen increased their price objective on TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a report on Monday, November 17th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $244.77.

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.