Tredje AP fonden Purchases 38,200 Shares of TE Connectivity Ltd. $TEL

Tredje AP fonden increased its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 25.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 188,780 shares of the electronics maker’s stock after acquiring an additional 38,200 shares during the period. Tredje AP fonden owned approximately 0.06% of TE Connectivity worth $31,842,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rossby Financial LCC increased its holdings in TE Connectivity by 6.0% during the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after acquiring an additional 57 shares during the period. Premier Path Wealth Partners LLC increased its holdings in shares of TE Connectivity by 2.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock worth $348,000 after buying an additional 57 shares during the last quarter. Martingale Asset Management L P increased its holdings in shares of TE Connectivity by 3.6% in the 1st 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 increased its holdings in shares of TE Connectivity by 0.4% in 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 last quarter. Finally, Salomon & Ludwin LLC increased its holdings 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 worth $31,000 after buying an additional 66 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TEL. Robert W. Baird increased their price target on shares of TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. UBS Group increased their price target on shares of TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup increased their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Barclays began coverage on shares of TE Connectivity in a research note on Tuesday, October 7th. They issued an “overweight” rating and a $249.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity has an average rating of “Moderate Buy” and an average target price of $239.25.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $247.14 on Friday. The stock has a market capitalization of $73.03 billion, a price-to-earnings ratio of 40.19, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56. The company has a fifty day moving average of $218.96 and a 200-day moving average of $187.95. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $247.92.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.15. The business 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%. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Equities research analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company 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 of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a yield of 1.1%. TE Connectivity’s dividend payout ratio is presently 46.18%.

Insiders Place Their Bets

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the completion of the sale, the insider owned 25,976 shares of the company’s stock, valued at $5,272,868.24. This represents a 47.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.90% of the stock is owned by insiders.

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.