True Wealth Design LLC Increases Position in TE Connectivity Ltd. $TEL

True Wealth Design LLC increased its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 1,068.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 444 shares of the electronics maker’s stock after purchasing an additional 406 shares during the quarter. True Wealth Design LLC’s holdings in TE Connectivity were worth $75,000 as of its most recent SEC filing.

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

TE Connectivity Price Performance

Shares of NYSE:TEL opened at $242.27 on Friday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The company has a market cap of $71.59 billion, a PE ratio of 39.39, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company’s 50 day moving average is $222.75 and its 200 day moving average is $191.57.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating the consensus estimate of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same period in the prior year, the firm earned $1.95 EPS. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is presently 46.18%.

Insider Activity

In related news, EVP John S. Jenkins sold 25,021 shares of TE Connectivity 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 completion of the transaction, the executive vice president directly owned 20,903 shares in the company, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 25,976 shares in the company, valued at approximately $5,272,868.24. This represents a 47.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,171 shares of company stock valued at $31,380,209 in the last quarter. 0.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. JPMorgan Chase & Co. boosted their price target on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Evercore ISI increased their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. The Goldman Sachs Group boosted their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. Finally, Truist Financial upped their price target on shares of TE Connectivity from $200.00 to $255.00 and gave the company a “hold” rating in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $241.58.

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.