John G Ullman & Associates Inc. Trims Stake in TE Connectivity Ltd. $TEL

John G Ullman & Associates Inc. reduced its stake in TE Connectivity Ltd. (NYSE:TEL) by 0.7% during the 2nd quarter, Holdings Channel reports. The firm owned 103,914 shares of the electronics maker’s stock after selling 683 shares during the period. TE Connectivity makes up 2.6% of John G Ullman & Associates Inc.’s holdings, making the stock its 8th biggest holding. John G Ullman & Associates Inc.’s holdings in TE Connectivity were worth $17,527,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Martingale Asset Management L P boosted its position in shares of TE Connectivity by 3.6% in the 1st quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after purchasing an additional 63 shares during the last quarter. Nelson Capital Management LLC raised its stake in TE Connectivity by 0.4% during the 2nd quarter. Nelson Capital Management LLC now owns 15,464 shares of the electronics maker’s stock worth $2,608,000 after buying an additional 63 shares during the period. Ballentine Partners LLC raised its stake in TE Connectivity by 1.4% during the 1st quarter. Ballentine Partners LLC now owns 4,975 shares of the electronics maker’s stock worth $703,000 after buying an additional 68 shares during the period. Hickory Point Bank & Trust raised its stake in TE Connectivity by 2.6% during the 2nd quarter. Hickory Point Bank & Trust now owns 2,938 shares of the electronics maker’s stock worth $496,000 after buying an additional 75 shares during the period. Finally, AllSquare Wealth Management LLC raised its stake in TE Connectivity by 7.0% during the 1st quarter. AllSquare Wealth Management LLC now owns 1,274 shares of the electronics maker’s stock worth $180,000 after buying an additional 83 shares during the period. 91.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Aaron Kyle Stucki sold 52,900 shares of TE Connectivity stock in a transaction dated Wednesday, July 23rd. The stock was 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 owned 23,667 shares in the company, valued at approximately $4,562,524.26. This trade represents a 69.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $209.33, for a total value of $9,597,780.50. Following the transaction, the executive vice president owned 24,625 shares of the company’s stock, valued at $5,154,751.25. The trade was a 65.06% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 124,545 shares of company stock worth $25,040,158. Company insiders own 0.90% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $223.33 on Friday. The stock has a market capitalization of $65.99 billion, a price-to-earnings ratio of 46.24, a PEG ratio of 2.41 and a beta of 1.26. The business has a 50-day moving average of $212.45 and a 200-day moving average of $180.01. 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 fifty-two week low of $116.30 and a fifty-two week high of $226.50.

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

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be issued a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is presently 58.80%.

Analyst Upgrades and Downgrades

TEL has been the topic of several research analyst reports. Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. UBS Group raised their price objective on TE Connectivity from $240.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Citigroup lifted their price target on TE Connectivity from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Bank of America lifted their price target on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 10th. Finally, Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.92.

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.