Vontobel Holding Ltd. Trims Stock Position in TE Connectivity Ltd. $TEL

Vontobel Holding Ltd. lessened its holdings in TE Connectivity Ltd. (NYSE:TEL) by 0.4% during the 2nd quarter, Holdings Channel reports. The firm owned 36,650 shares of the electronics maker’s stock after selling 134 shares during the quarter. Vontobel Holding Ltd.’s holdings in TE Connectivity were worth $6,182,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC purchased a new position in shares of TE Connectivity during the fourth quarter valued at approximately $820,000. Farther Finance Advisors LLC lifted its stake in shares of TE Connectivity by 27.0% during the first quarter. Farther Finance Advisors LLC now owns 2,042 shares of the electronics maker’s stock valued at $287,000 after buying an additional 434 shares during the period. GAMMA Investing LLC lifted its stake in shares of TE Connectivity by 55.9% during the first quarter. GAMMA Investing LLC now owns 4,977 shares of the electronics maker’s stock valued at $703,000 after buying an additional 1,784 shares during the period. SG Americas Securities LLC lifted its stake in shares of TE Connectivity by 399.9% during the first quarter. SG Americas Securities LLC now owns 27,224 shares of the electronics maker’s stock valued at $3,847,000 after buying an additional 21,778 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of TE Connectivity by 2.1% during the first quarter. Assenagon Asset Management S.A. now owns 24,879 shares of the electronics maker’s stock valued at $3,516,000 after buying an additional 511 shares during the period. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TEL. Wells Fargo & Company upped their price objective on shares of TE Connectivity from $198.00 to $215.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. Barclays initiated coverage on shares of TE Connectivity in a research note on Tuesday. They set an “overweight” rating and a $249.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday. Robert W. Baird upped 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. Finally, Citigroup upped their price target on shares of TE Connectivity from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average price target of $219.92.

Insider Buying and Selling at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total value of $4,841,311.50. Following the transaction, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,272,868.24. This trade represents a 47.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Aaron Kyle Stucki sold 52,900 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the completion of the transaction, the insider directly owned 23,667 shares in the company, valued at approximately $4,562,524.26. This represents a 69.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 124,545 shares of company stock worth $25,040,158. 0.90% of the stock is currently owned by insiders.

TE Connectivity Stock Performance

Shares of TEL stock opened at $214.55 on Friday. The company’s fifty day simple moving average is $210.41 and its 200-day simple moving average is $177.07. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $226.40. 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 cap of $63.40 billion, a PE ratio of 44.42, a P/E/G ratio of 2.41 and a beta of 1.26.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS 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 business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter last year, the firm posted $1.91 EPS. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, equities research analysts anticipate 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, December 12th. Stockholders of record on Friday, November 21st will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio (DPR) is currently 58.80%.

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.