TE Connectivity Ltd. $TEL Stock Holdings Lowered by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC lowered its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 3.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,405 shares of the electronics maker’s stock after selling 75 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in TE Connectivity were worth $340,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. grew its position in shares of TE Connectivity by 1.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,540 shares of the electronics maker’s stock worth $2,479,000 after acquiring an additional 192 shares during the last quarter. Beverly Hills Private Wealth LLC lifted its holdings in TE Connectivity by 61.2% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 11,103 shares of the electronics maker’s stock worth $1,587,000 after purchasing an additional 4,214 shares during the period. Ameriprise Financial Inc. lifted its holdings in TE Connectivity by 11.8% in the fourth quarter. Ameriprise Financial Inc. now owns 5,603,251 shares of the electronics maker’s stock worth $801,101,000 after purchasing an additional 592,072 shares during the period. Assenagon Asset Management S.A. lifted its holdings in TE Connectivity by 2.1% in the first quarter. Assenagon Asset Management S.A. now owns 24,879 shares of the electronics maker’s stock worth $3,516,000 after purchasing an additional 511 shares during the period. Finally, Brighton Jones LLC acquired a new stake in TE Connectivity in the fourth quarter worth about $820,000. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $204.8070 on Friday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $212.76. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $60.52 billion, a price-to-earnings ratio of 42.40, a PEG ratio of 2.38 and a beta of 1.23. The firm has a 50-day moving average of $186.36 and a two-hundred day moving average of $161.57.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same period in the prior year, the company earned $1.91 EPS. TE Connectivity’s revenue 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, analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders 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 yield of 1.4%. TE Connectivity’s dividend payout ratio is currently 58.80%.

Insider Activity

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $207.20, for a total transaction of $403,004.00. Following the completion of the sale, the senior vice president directly 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 Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John S. Jenkins sold 45,850 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the sale, the executive vice president directly owned 24,625 shares of the company’s stock, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 138,795 shares of company stock valued at $26,401,597 over the last ninety days. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TEL shares. Vertical Research raised shares of TE Connectivity from a “hold” rating to a “buy” rating and set a $170.00 price objective for the company in a report on Friday, April 25th. Truist Financial upped their price objective on shares of TE Connectivity from $156.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. Citigroup upped their price objective on shares of TE Connectivity from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Robert W. Baird upped their price objective on shares of TE Connectivity from $185.00 to $210.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Finally, KGI Securities raised shares of TE Connectivity to a “hold” rating in a report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and an average price target 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.