TE Connectivity Ltd. $TEL Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in TE Connectivity Ltd. (NYSE:TEL) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,867 shares of the electronics maker’s stock after selling 2,523 shares during the period. Yousif Capital Management LLC’s holdings in TE Connectivity were worth $8,972,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC grew its stake in TE Connectivity by 127.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,351 shares of the electronics maker’s stock valued at $1,175,000 after purchasing an additional 3,002 shares in the last quarter. Patton Fund Management Inc. purchased a new position in shares of TE Connectivity during the 3rd quarter valued at approximately $335,000. HBK Sorce Advisory LLC acquired a new stake in shares of TE Connectivity during the third quarter worth approximately $204,000. Exchange Traded Concepts LLC increased its stake in shares of TE Connectivity by 259.3% in the third quarter. Exchange Traded Concepts LLC now owns 8,113 shares of the electronics maker’s stock worth $1,781,000 after buying an additional 5,855 shares during the last quarter. Finally, USA Financial Formulas acquired a new stake in TE Connectivity in the third quarter valued at $606,000. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $232.44 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The firm’s 50-day moving average price is $233.22 and its two-hundred day moving average price is $209.33. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The stock has a market capitalization of $68.38 billion, a P/E ratio of 37.79, a P/E/G ratio of 1.79 and a beta of 1.25.

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

TE Connectivity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. TE Connectivity’s payout ratio is 46.18%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Citigroup raised 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 shares of TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Evercore ISI boosted their price objective on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Wells Fargo & Company upped their price objective on TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 9th. Finally, TD Cowen increased their target price on TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $244.85.

Insider Activity

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

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.