TE Connectivity Ltd. $TEL Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG lessened its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 3.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 146,410 shares of the electronics maker’s stock after selling 4,750 shares during the quarter. Robeco Schweiz AG’s holdings in TE Connectivity were worth $24,695,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. CENTRAL TRUST Co lifted its position in TE Connectivity by 101.7% during the 2nd quarter. CENTRAL TRUST Co now owns 595 shares of the electronics maker’s stock worth $100,000 after acquiring an additional 300 shares in the last quarter. Vise Technologies Inc. purchased a new stake in shares of TE Connectivity during the second quarter valued at approximately $917,000. Allworth Financial LP lifted its position in shares of TE Connectivity by 68.1% during the second quarter. Allworth Financial LP now owns 2,422 shares of the electronics maker’s stock worth $409,000 after purchasing an additional 981 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of TE Connectivity by 58.3% in the second quarter. Illinois Municipal Retirement Fund now owns 87,064 shares of the electronics maker’s stock valued at $14,685,000 after purchasing an additional 32,048 shares during the period. Finally, Fidelis Capital Partners LLC grew its holdings in TE Connectivity by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Wall Street Analyst Weigh In

TEL has been the topic of a number of recent analyst reports. Citigroup boosted their price objective on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Robert W. Baird increased their price target on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, October 10th. Evercore ISI lifted their price objective on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Wells Fargo & Company boosted their price objective on TE Connectivity from $215.00 to $241.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Two investment 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 company. According to data from MarketBeat, TE Connectivity has an average rating of “Moderate Buy” and a consensus price target of $241.58.

Insiders Place Their Bets

In other news, CFO Heath A. Mitts sold 82,300 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This trade represents a 64.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following the sale, the executive vice president directly owned 20,903 shares in the company, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 131,171 shares of company stock worth $31,380,209. 0.90% of the stock is owned by insiders.

TE Connectivity Trading Up 2.3%

Shares of NYSE:TEL opened at $248.10 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average price is $223.59 and its 200 day moving average price is $193.11. The company has a market cap of $73.31 billion, a PE ratio of 40.34, a P/E/G ratio of 2.24 and a beta of 1.27. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating 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 company had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.57 billion. During the same quarter in the previous year, the company posted $1.95 earnings per share. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio (DPR) is presently 46.18%.

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.