2,744 Shares in TE Connectivity Ltd. $TEL Purchased by Wealth Alliance LLC

Wealth Alliance LLC purchased a new position in TE Connectivity Ltd. (NYSE:TEL) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,744 shares of the electronics maker’s stock, valued at approximately $463,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Princeton Global Asset Management LLC acquired a new stake in shares of TE Connectivity in the second quarter worth $26,000. Costello Asset Management INC acquired a new stake in TE Connectivity during the 1st quarter worth about $28,000. Salomon & Ludwin LLC raised its stake in shares of TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after buying an additional 66 shares during the last quarter. Millstone Evans Group LLC acquired a new position in shares of TE Connectivity in the 1st quarter valued at about $32,000. Finally, Richardson Financial Services Inc. purchased a new stake in shares of TE Connectivity in the second quarter worth about $33,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

TE Connectivity Stock Performance

NYSE TEL opened at $236.17 on Friday. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The firm has a market capitalization of $69.78 billion, a P/E ratio of 38.40, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The stock’s fifty day moving average is $225.81 and its two-hundred day moving average is $194.49. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56.

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

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given 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 currently 46.18%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TEL. The Goldman Sachs Group raised their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Evercore ISI raised their price target 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. Robert W. Baird upped their price objective on shares of TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. KGI Securities upgraded TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Finally, Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $241.58.

Insider Activity

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the business’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 value of $6,198,452.33. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s stock in a transaction 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 transaction, the insider owned 25,976 shares in the company, valued at $5,272,868.24. This trade represents a 47.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 131,171 shares of company stock valued at $31,380,209. Company insiders own 0.90% of the company’s stock.

About TE Connectivity

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.