Prospera Financial Services Inc Acquires 7,884 Shares of TE Connectivity Ltd. $TEL

Prospera Financial Services Inc boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 276.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,732 shares of the electronics maker’s stock after acquiring an additional 7,884 shares during the period. Prospera Financial Services Inc’s holdings in TE Connectivity were worth $2,357,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of TE Connectivity in the 4th quarter worth approximately $820,000. Sivia Capital Partners LLC boosted its holdings in TE Connectivity by 66.7% in the second quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock worth $425,000 after acquiring an additional 1,007 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of TE Connectivity by 15.2% in the second quarter. Concurrent Investment Advisors LLC now owns 2,339 shares of the electronics maker’s stock worth $395,000 after acquiring an additional 308 shares during the last quarter. CWM LLC increased its holdings in shares of TE Connectivity by 13.0% during the second quarter. CWM LLC now owns 6,936 shares of the electronics maker’s stock valued at $1,170,000 after acquiring an additional 798 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of TE Connectivity by 41.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 127,985 shares of the electronics maker’s stock valued at $21,792,000 after acquiring an additional 37,373 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Trading Down 1.4%

Shares of TEL stock opened at $225.34 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The stock has a market capitalization of $66.12 billion, a P/E ratio of 32.52, a P/E/G ratio of 1.74 and a beta of 1.24. The firm’s 50 day moving average is $230.05 and its 200 day moving average is $223.13.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.52 billion. During the same period in the prior year, the firm earned $1.95 EPS. The company’s revenue was up 21.7% compared to the same quarter last year. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

Insider Activity

In other news, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the sale, the executive vice president owned 21,810 shares of the company’s stock, valued at $4,859,486.10. This represents a 22.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Barclays increased their price objective on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Weiss Ratings upgraded shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, February 6th. UBS Group boosted their price objective on shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. upped their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Finally, Evercore lifted their target price on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average price target of $250.86.

TE Connectivity Profile

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.