R Squared Ltd Has $861,000 Stock Position in TE Connectivity Ltd. $TEL

R Squared Ltd lessened its holdings in TE Connectivity Ltd. (NYSE:TEL) by 49.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,119 shares of the electronics maker’s stock after selling 4,092 shares during the period. R Squared Ltd’s holdings in TE Connectivity were worth $861,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TEL. Brighton Jones LLC bought a new stake in shares of TE Connectivity during the 4th quarter worth about $820,000. Sivia Capital Partners LLC raised its stake in shares of TE Connectivity by 66.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock valued at $425,000 after acquiring an additional 1,007 shares in the last quarter. Walleye Capital LLC lifted its holdings in TE Connectivity by 14.6% in the 2nd quarter. Walleye Capital LLC now owns 2,688 shares of the electronics maker’s stock worth $453,000 after purchasing an additional 343 shares during the last quarter. Squarepoint Ops LLC boosted its position in TE Connectivity by 1,214.0% during the second quarter. Squarepoint Ops LLC now owns 105,267 shares of the electronics maker’s stock worth $17,755,000 after purchasing an additional 97,256 shares during the period. Finally, Ieq Capital LLC boosted its position in TE Connectivity by 75.0% during the second quarter. Ieq Capital LLC now owns 23,284 shares of the electronics maker’s stock worth $3,927,000 after purchasing an additional 9,980 shares during the period. 91.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TEL shares. Wall Street Zen lowered shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Barclays upped their price objective on shares of TE Connectivity from $297.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 15th. Truist Financial lowered their target price on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. UBS Group dropped their target price on shares of TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Wells Fargo & Company upped their price target on shares of TE Connectivity from $226.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.93.

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,584,840. This trade represents a 26.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 28,200 shares of company stock worth $6,140,644. Company insiders own 0.60% of the company’s stock.

TE Connectivity Price Performance

Shares of TE Connectivity stock traded down $4.76 during trading on Tuesday, hitting $195.39. 531,664 shares of the company’s stock traded hands, compared to its average volume of 2,445,778. TE Connectivity Ltd. has a twelve month low of $170.93 and a twelve month high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The firm’s fifty day moving average price is $207.92 and its 200 day moving average price is $217.96. The company has a market cap of $57.04 billion, a PE ratio of 19.92, a PEG ratio of 1.39 and a beta of 1.17.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping the consensus estimate of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter last year, the company earned $2.10 EPS. TE Connectivity’s revenue was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. Analysts forecast that TE Connectivity Ltd. will post 11.33 earnings per share for the current year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be given a dividend of $0.78 per share. The ex-dividend date is Friday, August 21st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.6%. TE Connectivity’s dividend payout ratio (DPR) is 31.87%.

TE Connectivity announced that its board has approved a share buyback program on Wednesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the electronics maker to repurchase up to 5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

TE Connectivity Company Profile

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.