HB Wealth Management LLC Has $2.12 Million Position in TE Connectivity Ltd. $TEL

HB Wealth Management LLC lessened its stake in TE Connectivity Ltd. (NYSE:TEL) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,547 shares of the electronics maker’s stock after selling 696 shares during the period. HB Wealth Management LLC’s holdings in TE Connectivity were worth $2,116,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Foresight Group Ltd Liability Partnership acquired a new stake in shares of TE Connectivity during the 1st quarter worth approximately $31,983,000. Cambridge Investment Research Advisors Inc. boosted its stake in TE Connectivity by 1.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,540 shares of the electronics maker’s stock worth $2,479,000 after buying an additional 192 shares in the last quarter. Ascent Group LLC bought a new stake in TE Connectivity in the 1st quarter valued at $364,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of TE Connectivity by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,719,610 shares of the electronics maker’s stock valued at $384,335,000 after buying an additional 193,580 shares in the last quarter. Finally, Modern Wealth Management LLC acquired a new stake in shares of TE Connectivity during the 1st quarter valued at about $310,000. 91.43% of the stock is currently owned by institutional investors.

TE Connectivity Stock Down 0.3%

Shares of NYSE TEL opened at $221.11 on Friday. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $223.75. The firm’s 50-day simple moving average is $208.64 and its 200 day simple moving average is $174.03. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39. The company has a market cap of $65.33 billion, a price-to-earnings ratio of 45.78, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter last year, the company posted $1.91 EPS. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio (DPR) is presently 58.80%.

Analyst Upgrades and Downgrades

TEL has been the subject of several recent research reports. UBS Group increased their price target on shares of TE Connectivity from $185.00 to $201.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Wells Fargo & Company increased their target price on TE Connectivity from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, September 25th. Bank of America boosted their price target on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 10th. Wall Street Zen lowered TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Finally, The Goldman Sachs Group boosted their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.36.

Insider Transactions at TE Connectivity

In related news, SVP Malavika Sagar sold 1,945 shares of TE Connectivity stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $207.20, for a total value of $403,004.00. Following the completion of the sale, the senior vice president directly owned 4,716 shares in the company, valued at $977,155.20. This trade represents a 29.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Aaron Kyle Stucki sold 52,900 shares of the company’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the transaction, the insider owned 23,667 shares in the company, valued at approximately $4,562,524.26. The trade was a 69.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 124,545 shares of company stock valued at $25,040,158 over the last quarter. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.