TE Connectivity Ltd. $TEL Shares Bought by Bailard Inc.

Bailard Inc. lifted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 24.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,952 shares of the electronics maker’s stock after buying an additional 2,950 shares during the period. Bailard Inc.’s holdings in TE Connectivity were worth $2,522,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake 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 valued at $5,353,401,000 after acquiring an additional 5,502,415 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock valued at $299,490,000 after purchasing an additional 1,771,153 shares during the period. Nuveen LLC bought a new stake in shares of TE Connectivity during the first quarter valued at about $174,700,000. Wellington Management Group LLP raised 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 purchasing an additional 1,097,035 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in TE Connectivity by 17.1% in the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock worth $927,571,000 after purchasing an additional 960,276 shares during the period. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TEL shares. Truist Financial raised their target price on shares of TE Connectivity from $200.00 to $255.00 and gave the company a “hold” rating in a research note on Thursday, October 30th. Citigroup increased their price objective on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. Barclays upped their target price on TE Connectivity from $249.00 to $277.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Finally, Wells Fargo & Company lifted their price target on TE Connectivity from $215.00 to $241.00 and gave the company an “equal weight” rating in a research report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $241.58.

Insiders Place Their Bets

In other TE Connectivity news, CFO Heath A. Mitts sold 82,300 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 45,503 shares in the company, valued at $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Shadrak W. Kroeger sold 23,850 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider owned 25,976 shares in the company, valued at $5,272,868.24. This represents a 47.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,171 shares of company stock worth $31,380,209 over the last ninety days. 0.90% of the stock is currently owned by company insiders.

TE Connectivity Price Performance

NYSE TEL opened at $246.60 on Thursday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The business’s fifty day moving average is $225.26 and its two-hundred day moving average is $194.20. The stock has a market capitalization of $72.87 billion, a P/E ratio of 40.10, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56.

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

TE Connectivity Announces Dividend

The company 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 of this dividend is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. TE Connectivity’s dividend payout ratio is currently 46.18%.

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.