Savant Capital LLC Acquires 19,567 Shares of TE Connectivity Ltd. $TEL

Savant Capital LLC raised its holdings in TE Connectivity Ltd. (NYSE:TEL) by 119.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,948 shares of the electronics maker’s stock after acquiring an additional 19,567 shares during the quarter. Savant Capital LLC’s holdings in TE Connectivity were worth $6,063,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Rossby Financial LCC boosted its position in shares of TE Connectivity by 6.0% in the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after purchasing an additional 57 shares during the last quarter. Premier Path Wealth Partners LLC lifted its stake in TE Connectivity by 2.8% in the second quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after buying an additional 57 shares during the period. Martingale Asset Management L P boosted its holdings in TE Connectivity by 3.6% during the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after buying an additional 63 shares during the last quarter. Nelson Capital Management LLC grew its position in shares of TE Connectivity by 0.4% during the 2nd quarter. Nelson Capital Management LLC now owns 15,464 shares of the electronics maker’s stock worth $2,608,000 after buying an additional 63 shares during the period. Finally, Salomon & Ludwin LLC increased its stake in shares of TE Connectivity by 58.9% in the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 66 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $242.27 on Friday. The company has a fifty day moving average price of $222.75 and a 200 day moving average price of $191.97. The firm has a market cap of $71.59 billion, a PE ratio of 39.39, a PEG ratio of 2.24 and a beta of 1.27. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67.

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

TE Connectivity Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TEL. Evercore ISI boosted their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. boosted their price target on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Truist Financial upped their price objective on shares of TE Connectivity from $200.00 to $255.00 and gave the company a “hold” rating in a research report on Thursday, October 30th. KGI Securities upgraded TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Finally, UBS Group increased their price target on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $241.58.

Insider Activity

In other news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction 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 transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. The trade was a 54.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 131,171 shares of company stock worth $31,380,209 over the last ninety days. Insiders own 0.90% of the company’s stock.

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.