SG Americas Securities LLC Boosts Holdings in TE Connectivity Ltd. $TEL

SG Americas Securities LLC grew its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 4,066.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 494,833 shares of the electronics maker’s stock after purchasing an additional 482,956 shares during the period. SG Americas Securities LLC’s holdings in TE Connectivity were worth $112,579,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TEL. Brighton Jones LLC purchased a new stake in TE Connectivity in the fourth quarter worth about $820,000. Sivia Capital Partners LLC grew its holdings in shares of TE Connectivity by 66.7% during the 2nd 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 during the period. Wealthspire Advisors LLC purchased a new position in shares of TE Connectivity during the 2nd quarter worth approximately $211,000. Neo Ivy Capital Management purchased a new position in shares of TE Connectivity in the 2nd quarter valued at approximately $30,000. Finally, MAI Capital Management lifted its stake in shares of TE Connectivity by 7.8% in the 2nd quarter. MAI Capital Management now owns 6,783 shares of the electronics maker’s stock valued at $1,144,000 after purchasing an additional 490 shares during the period. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Up 2.5%

TEL stock opened at $200.65 on Tuesday. The business has a 50 day moving average of $221.77 and a 200 day moving average of $225.66. The firm has a market cap of $58.88 billion, a PE ratio of 28.95, a price-to-earnings-growth ratio of 1.49 and a beta of 1.23. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37.

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

TE Connectivity Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.78 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.12 annualized dividend and a yield of 1.6%. This is a positive change from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

TE Connectivity declared that its board has initiated a stock buyback plan on Wednesday, March 11th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the electronics maker to reacquire up to 5% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms recently weighed in on TEL. Oppenheimer lifted their price target on TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. Wells Fargo & Company boosted their target price on shares of TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Finally, The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

Insider Buying and Selling at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of TE Connectivity stock in a transaction on Monday, February 9th. The stock was sold at an average price of $222.81, for a total value 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 approximately $4,859,486.10. This trade represents a 22.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 32,945 shares of company stock worth $7,528,616. Insiders own 0.60% of the company’s stock.

TE Connectivity Company 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.