IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.15 Million Position in TE Connectivity Ltd. $TEL

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its holdings in TE Connectivity Ltd. (NYSE:TEL) by 68.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,243 shares of the electronics maker’s stock after selling 11,587 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in TE Connectivity were worth $1,151,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Princeton Global Asset Management LLC bought a new stake in TE Connectivity in the second quarter valued at about $26,000. Neo Ivy Capital Management bought a new position in TE Connectivity during the second quarter worth about $30,000. Salomon & Ludwin LLC grew its position in shares of TE Connectivity by 58.9% during the 2nd 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. Caldwell Trust Co bought a new stake in shares of TE Connectivity in the 2nd quarter valued at about $31,000. Finally, Richardson Financial Services Inc. acquired a new stake in shares of TE Connectivity in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Up 3.7%

TEL stock opened at $216.36 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The stock has a market capitalization of $63.49 billion, a P/E ratio of 31.22, a P/E/G ratio of 1.59 and a beta of 1.24. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The business has a 50-day moving average of $230.31 and a 200-day moving average of $222.36.

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

TE Connectivity Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on TEL shares. Truist Financial upped their target price on shares of TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Finally, TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus target price 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.