TE Connectivity Ltd. $TEL Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in TE Connectivity Ltd. (NYSE:TEL) by 45.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,203 shares of the electronics maker’s stock after acquiring an additional 2,885 shares during the period. Vise Technologies Inc.’s holdings in TE Connectivity were worth $2,094,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Daiwa Securities Group Inc. raised its holdings in TE Connectivity by 13.1% in the 4th quarter. Daiwa Securities Group Inc. now owns 76,366 shares of the electronics maker’s stock valued at $17,374,000 after acquiring an additional 8,825 shares during the last quarter. State of Wyoming raised its holdings in TE Connectivity by 53.5% in the 4th quarter. State of Wyoming now owns 2,899 shares of the electronics maker’s stock valued at $660,000 after acquiring an additional 1,011 shares during the last quarter. TD Asset Management Inc raised its holdings in TE Connectivity by 14.1% in the 4th quarter. TD Asset Management Inc now owns 363,538 shares of the electronics maker’s stock valued at $82,709,000 after acquiring an additional 44,930 shares during the last quarter. Cibc World Market Inc. raised its holdings in TE Connectivity by 1.4% in the 4th quarter. Cibc World Market Inc. now owns 43,444 shares of the electronics maker’s stock valued at $9,884,000 after acquiring an additional 606 shares during the last quarter. Finally, Sivia Capital Partners LLC raised its holdings in TE Connectivity by 17.7% in the 4th quarter. Sivia Capital Partners LLC now owns 2,961 shares of the electronics maker’s stock valued at $674,000 after acquiring an additional 446 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Performance

TE Connectivity stock opened at $212.70 on Monday. The firm has a 50 day simple moving average of $214.26 and a 200-day simple moving average of $221.20. TE Connectivity Ltd. has a 1-year low of $162.17 and a 1-year high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The stock has a market cap of $62.09 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 1.51 and a beta of 1.16.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. The firm had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the company posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, analysts expect that TE Connectivity Ltd. will post 11.28 EPS for the current year.

TE Connectivity Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s dividend payout ratio is 31.87%.

TE Connectivity declared that its board has authorized a share buyback program on Wednesday, March 11th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the electronics maker to buy up to 5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

A number of analysts have commented on TEL shares. Wells Fargo & Company increased their price objective on shares of TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. The Goldman Sachs Group set a $286.00 price target on shares of TE Connectivity in a research note on Wednesday, April 22nd. HSBC cut shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target for the company. in a research note on Thursday, April 23rd. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Barclays dropped their price target on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus target price of $256.57.

Insider Buying and Selling at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. This trade represents a 26.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 28,200 shares of company stock worth $6,140,644. Company 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.