TE Connectivity Ltd. $TEL Shares Sold by Waverton Investment Management Ltd

Waverton Investment Management Ltd cut its holdings in TE Connectivity Ltd. (NYSE:TEL) by 95.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 51,347 shares of the electronics maker’s stock after selling 1,051,314 shares during the period. Waverton Investment Management Ltd’s holdings in TE Connectivity were worth $11,268,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Caitlin John LLC bought a new position in shares of TE Connectivity during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd acquired a new position in TE Connectivity during the 3rd quarter valued at approximately $29,000. Neo Ivy Capital Management bought a new position in TE Connectivity during the 2nd quarter worth $30,000. Caldwell Trust Co bought a new position in TE Connectivity during the 2nd quarter worth $31,000. Finally, Geneos Wealth Management Inc. increased its position in TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after buying an additional 127 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Down 2.6%

TEL opened at $229.68 on Monday. The stock’s fifty day moving average is $230.69 and its 200-day moving average is $225.86. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a market capitalization of $67.39 billion, a PE ratio of 33.14, a P/E/G ratio of 1.75 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data 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 net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the firm posted $1.95 EPS. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, equities analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s payout ratio is presently 40.98%.

Insider Activity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of TE Connectivity stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shadrak W. Kroeger sold 6,565 shares of TE Connectivity stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $233.64, for a total transaction of $1,533,846.60. Following the transaction, the insider owned 25,976 shares in the company, valued at approximately $6,069,032.64. The trade was a 20.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 23,545 shares of company stock valued at $5,436,928 over the last three months. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on TEL. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. The Goldman Sachs Group set a $306.00 target price on shares of TE Connectivity in a research report on Wednesday, January 21st. Wells Fargo & Company lifted their price target on TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Truist Financial raised their target price on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Finally, Barclays boosted their price target on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average target price of $251.93.

About TE Connectivity

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.