DeDora Capital Inc. Raises Stock Holdings in TE Connectivity Ltd. $TEL

DeDora Capital Inc. boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 7.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,137 shares of the electronics maker’s stock after buying an additional 142 shares during the period. DeDora Capital Inc.’s holdings in TE Connectivity were worth $360,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TEL. Richardson Financial Services Inc. bought a new stake in TE Connectivity during the 2nd quarter valued at approximately $33,000. Costello Asset Management INC purchased a new stake in shares of TE Connectivity during the 1st quarter valued at about $28,000. Millstone Evans Group LLC purchased a new stake in TE Connectivity in the 1st quarter worth about $32,000. Ransom Advisory Ltd purchased a new position in shares of TE Connectivity during the first quarter worth approximately $34,000. Finally, Kelly Lawrence W & Associates Inc. CA bought a new position in shares of TE Connectivity during the first quarter valued at approximately $34,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Buying and Selling at TE Connectivity

In other TE Connectivity news, 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 value of $9,597,780.50. Following the completion of the sale, the executive vice president directly owned 24,625 shares of the company’s stock, valued at approximately $5,154,751.25. This represents a 65.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider owned 25,976 shares in the company, valued at $5,272,868.24. This represents a 47.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 124,545 shares of company stock valued at $25,040,158 over the last 90 days. Insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on TEL shares. Wall Street Zen cut shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 31st. Evercore ISI upped their target price on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Truist Financial increased their price objective on shares of TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $219.92.

TE Connectivity Stock Down 0.4%

TE Connectivity stock opened at $223.33 on Friday. The company has a 50-day simple moving average of $212.45 and a 200-day simple moving average of $180.01. The firm has a market capitalization of $65.99 billion, a P/E ratio of 46.24, a P/E/G ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $226.50.

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

TE Connectivity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is presently 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.