TE Connectivity Ltd. $TEL Shares Acquired by Forsta AP Fonden

Forsta AP Fonden boosted its position in TE Connectivity Ltd. (NYSE:TEL) by 23.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,800 shares of the electronics maker’s stock after acquiring an additional 25,600 shares during the quarter. Forsta AP Fonden’s holdings in TE Connectivity were worth $22,568,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TEL. Princeton Global Asset Management LLC acquired a new position in shares of TE Connectivity in the 2nd quarter valued at about $26,000. Costello Asset Management INC purchased a new position in TE Connectivity in the first quarter valued at approximately $28,000. Salomon & Ludwin LLC lifted its position in TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after buying an additional 66 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in TE Connectivity during the first quarter worth approximately $32,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of TE Connectivity in the second quarter worth $33,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TEL has been the topic of several recent research reports. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. KGI Securities raised TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Robert W. Baird increased their target price on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. UBS Group boosted their price target on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, The Goldman Sachs Group increased their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus price target of $241.58.

Insider Buying and Selling at TE Connectivity

In related news, EVP John S. Jenkins sold 25,021 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the sale, the executive vice president directly owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the completion of the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at approximately $5,272,868.24. This represents a 47.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 131,171 shares of company stock worth $31,380,209 over the last quarter. 0.90% of the stock is owned by corporate insiders.

TE Connectivity Price Performance

TEL stock opened at $246.60 on Thursday. The stock’s 50 day moving average is $225.26 and its two-hundred day moving average is $194.20. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a market capitalization of $72.87 billion, a PE ratio of 40.10, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38.

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

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s payout ratio is currently 46.18%.

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.