RWC Asset Management LLP Has $14.56 Million Stake in TE Connectivity Ltd. $TEL

RWC Asset Management LLP lowered its holdings in TE Connectivity Ltd. (NYSE:TELFree Report) by 8.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,310 shares of the electronics maker’s stock after selling 5,756 shares during the quarter. RWC Asset Management LLP’s holdings in TE Connectivity were worth $14,557,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TEL. Dakota Community Bank & Trust NA raised its holdings in shares of TE Connectivity by 5.4% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock worth $209,000 after acquiring an additional 49 shares during the last quarter. Security National Bank of SO Dak raised its stake in shares of TE Connectivity by 0.5% in the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after purchasing an additional 50 shares during the last quarter. Fidelis Capital Partners LLC lifted its holdings in shares of TE Connectivity by 1.6% in the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after purchasing an additional 52 shares in the last quarter. HM Payson & Co. boosted its position in shares of TE Connectivity by 1.5% during the third quarter. HM Payson & Co. now owns 3,511 shares of the electronics maker’s stock valued at $771,000 after buying an additional 52 shares during the last quarter. Finally, SOA Wealth Advisors LLC. grew its holdings in TE Connectivity by 47.4% during the third quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $235.38 on Tuesday. The stock has a fifty day moving average of $232.39 and a 200-day moving average of $215.79. The stock has a market cap of $69.25 billion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67.

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

TE Connectivity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is 46.18%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TEL. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Truist Financial boosted their price target on shares of TE Connectivity from $239.00 to $240.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wells Fargo & Company boosted their target price on TE Connectivity from $241.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 9th. Finally, UBS Group increased their price target on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity presently has an average rating of “Moderate Buy” and an average price target of $244.85.

Check Out Our Latest Stock Analysis on TEL

Insider Activity

In other news, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.73, for a total value of $6,198,452.33. Following the transaction, the executive vice president owned 20,903 shares in the company, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is currently owned by insiders.

About TE Connectivity

(Free Report)

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.

Featured Articles

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.