Commerzbank Aktiengesellschaft FI Buys 2,058 Shares of TE Connectivity Ltd. $TEL

Commerzbank Aktiengesellschaft FI lifted its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 136.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,565 shares of the electronics maker’s stock after purchasing an additional 2,058 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in TE Connectivity were worth $566,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Foresight Group Ltd Liability Partnership bought a new stake in shares of TE Connectivity during the 1st quarter worth approximately $31,983,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of TE Connectivity by 1.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,540 shares of the electronics maker’s stock worth $2,479,000 after purchasing an additional 192 shares in the last quarter. Ascent Group LLC bought a new stake in shares of TE Connectivity during the 1st quarter worth approximately $364,000. Modern Wealth Management LLC acquired a new position in shares of TE Connectivity during the 1st quarter worth approximately $310,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of TE Connectivity by 7.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,719,610 shares of the electronics maker’s stock worth $384,335,000 after acquiring an additional 193,580 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $214.55 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The stock’s fifty day moving average price is $210.41 and its two-hundred day moving average price is $177.07. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $226.40. The firm has a market cap of $63.40 billion, a price-to-earnings ratio of 44.42, a P/E/G ratio of 2.41 and a beta of 1.26.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same period in the prior year, the firm posted $1.91 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, equities analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is presently 58.80%.

Insider Buying and Selling

In related news, SVP Malavika Sagar sold 1,945 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $207.20, for a total value of $403,004.00. Following the transaction, the senior vice president owned 4,716 shares in the company, valued at approximately $977,155.20. This trade represents a 29.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John S. Jenkins sold 45,850 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total value of $9,597,780.50. Following the completion of the transaction, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. The trade was a 65.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,545 shares of company stock worth $25,040,158 over the last three months. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Evercore ISI boosted their target price on TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Robert W. Baird boosted their target price on TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a report on Friday. Wells Fargo & Company boosted their target price on TE Connectivity from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, September 25th. Wall Street Zen lowered TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 31st. Finally, Zacks Research lowered TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.92.

TE Connectivity 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.