TE Connectivity Ltd. $TEL Shares Sold by KCM Investment Advisors LLC

KCM Investment Advisors LLC decreased its stake in TE Connectivity Ltd. (NYSE:TEL) by 35.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,708 shares of the electronics maker’s stock after selling 2,602 shares during the period. KCM Investment Advisors LLC’s holdings in TE Connectivity were worth $794,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of TEL. Rossby Financial LCC lifted its position in TE Connectivity by 6.0% in the second quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock valued at $169,000 after acquiring an additional 57 shares during the last quarter. Premier Path Wealth Partners LLC lifted its holdings in shares of TE Connectivity by 2.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after purchasing an additional 57 shares during the last quarter. 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 valued at $255,000 after purchasing an additional 63 shares during the period. Nelson Capital Management LLC boosted its position in shares of TE Connectivity by 0.4% in the 2nd quarter. Nelson Capital Management LLC now owns 15,464 shares of the electronics maker’s stock valued at $2,608,000 after purchasing an additional 63 shares during the period. Finally, Salomon & Ludwin LLC grew its stake in TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after buying an additional 66 shares during the last quarter. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Stock Down 0.1%

Shares of TE Connectivity stock opened at $242.27 on Friday. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a market cap of $71.59 billion, a P/E ratio of 39.39, a PEG ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56. The firm has a fifty day moving average of $222.75 and a two-hundred day moving average of $191.97.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The business had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business’s revenue was up 16.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

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 dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is 46.18%.

Insider Activity

In related news, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares in the company, valued at $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction on Tuesday, September 2nd. The stock was 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 of the company’s stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 131,171 shares of company stock valued at $31,380,209 in the last three months. 0.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TEL. JPMorgan Chase & Co. boosted their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Barclays upped their price target on shares of TE Connectivity from $249.00 to $277.00 and gave the company an “overweight” rating in a research report on Tuesday. Citigroup increased their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. KGI Securities upgraded shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Finally, Robert W. Baird upped their target price on shares of TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and an average price target of $241.58.

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.