TE Connectivity (NYSE:TEL) EVP John Jenkins Sells 25,021 Shares

TE Connectivity Ltd. (NYSE:TEL) EVP John Jenkins sold 25,021 shares of TE Connectivity stock in a transaction dated 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 completion of the transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TE Connectivity Trading Down 1.4%

TEL opened at $243.40 on Wednesday. The firm has a market cap of $71.92 billion, a P/E ratio of 39.58, a P/E/G ratio of 2.24 and a beta of 1.26. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $248.59. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average of $220.52 and a 200 day moving average of $190.01.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data 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. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The company had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. During the same period in the prior year, the company posted $1.95 EPS. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is 46.18%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Bank of America increased their price objective on shares of TE Connectivity from $168.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, July 10th. Evercore ISI increased their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. boosted their price target on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Finally, Citigroup boosted their price target on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $241.58.

Hedge Funds Weigh In On TE Connectivity

Several institutional investors have recently bought and sold shares of TEL. Princeton Global Asset Management LLC purchased a new position in TE Connectivity during the second quarter valued at approximately $26,000. Costello Asset Management INC purchased a new position in TE Connectivity during the first quarter valued at approximately $28,000. Neo Ivy Capital Management purchased a new position in TE Connectivity during the second quarter valued at approximately $30,000. Salomon & Ludwin LLC increased its holdings in TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after buying an additional 66 shares during the period. Finally, Caldwell Trust Co purchased a new position in TE Connectivity during the second quarter valued at approximately $31,000. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Company 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.