Crestwood Advisors Group LLC Invests $268,000 in TE Connectivity Ltd. $TEL

Crestwood Advisors Group LLC purchased a new stake in TE Connectivity Ltd. (NYSE:TEL) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 1,592 shares of the electronics maker’s stock, valued at approximately $268,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Rossby Financial LCC lifted its holdings in TE Connectivity by 6.0% in the second 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 last quarter. Premier Path Wealth Partners LLC raised its position in shares of TE Connectivity by 2.8% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock worth $348,000 after purchasing an additional 57 shares during the period. Martingale Asset Management L P lifted 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 purchasing an additional 63 shares during the last quarter. Nelson Capital Management LLC grew its stake in 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 last quarter. Finally, Salomon & Ludwin LLC increased its position in TE Connectivity by 58.9% in the second 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 period. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Trading Down 0.1%

Shares of NYSE:TEL opened at $242.27 on Friday. The company has a 50 day moving average of $222.75 and a 200-day moving average of $191.57. 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 firm has a market cap of $71.59 billion, a P/E ratio of 39.39, a P/E/G ratio of 2.24 and a beta of 1.27. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67.

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

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be issued a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. TE Connectivity’s dividend payout ratio is 46.18%.

Analyst Ratings Changes

Several brokerages have recently issued reports on TEL. Citigroup boosted their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Robert W. Baird upped their target price 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. Weiss Ratings restated a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. Finally, KGI Securities upgraded TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Two investment 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $241.58.

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares in the company, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 131,171 shares of company stock valued at $31,380,209 over the last 90 days. 0.90% of the stock is currently owned by corporate 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.