Norinchukin Bank The Purchases 1,873 Shares of TE Connectivity Ltd. $TEL

Norinchukin Bank The increased its position in TE Connectivity Ltd. (NYSE:TEL) by 14.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,836 shares of the electronics maker’s stock after acquiring an additional 1,873 shares during the period. Norinchukin Bank The’s holdings in TE Connectivity were worth $2,097,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TEL. Brighton Jones LLC bought a new stake in shares of TE Connectivity in the fourth quarter worth $820,000. Jump Financial LLC bought a new stake in TE Connectivity during the fourth quarter valued at about $325,000. MML Investors Services LLC grew its holdings in TE Connectivity by 5.7% during the fourth quarter. MML Investors Services LLC now owns 24,007 shares of the electronics maker’s stock valued at $3,432,000 after purchasing an additional 1,285 shares during the period. OneDigital Investment Advisors LLC grew its holdings in TE Connectivity by 2.4% during the fourth quarter. OneDigital Investment Advisors LLC now owns 7,654 shares of the electronics maker’s stock valued at $1,094,000 after purchasing an additional 178 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in TE Connectivity by 413.2% during the fourth quarter. Hsbc Holdings PLC now owns 257,988 shares of the electronics maker’s stock valued at $36,965,000 after purchasing an additional 207,715 shares during the period. Institutional investors own 91.43% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Malavika Sagar sold 1,945 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the transaction, the senior vice president owned 4,716 shares of the company’s stock, valued at approximately $977,155.20. This represents a 29.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Shadrak W. Kroeger sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $159.03, for a total value of $3,975,750.00. Following the transaction, the insider directly owned 25,976 shares in the company, valued at approximately $4,130,963.28. This represents a 49.04% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 138,795 shares of company stock worth $26,401,597. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity Trading Up 2.3%

Shares of NYSE TEL opened at $204.8070 on Friday. The business’s 50 day moving average is $186.36 and its two-hundred day moving average is $161.57. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $212.76. The stock has a market capitalization of $60.52 billion, a P/E ratio of 42.40, a PEG ratio of 2.38 and a beta of 1.23.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.19. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the previous year, the firm posted $1.91 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, research analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 22nd will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.4%. TE Connectivity’s dividend payout ratio is currently 58.80%.

Analyst Upgrades and Downgrades

TEL has been the subject of several recent research reports. Robert W. Baird boosted their price target on TE Connectivity from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, July 24th. Truist Financial boosted their target price on TE Connectivity from $156.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, July 24th. Citigroup boosted their target price on TE Connectivity from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Vertical Research upgraded TE Connectivity from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a research report on Friday, April 25th. Finally, UBS Group boosted their target price on TE Connectivity from $185.00 to $201.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus target price of $197.55.

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.