Peak Financial Advisors LLC Invests $500,000 in TE Connectivity Ltd. $TEL

Peak Financial Advisors LLC acquired a new position in TE Connectivity Ltd. (NYSE:TEL) during the second quarter, Holdings Channel reports. The firm acquired 2,965 shares of the electronics maker’s stock, valued at approximately $500,000.

Other hedge funds have also modified their holdings of the company. Costello Asset Management INC acquired a new position in shares of TE Connectivity in the 1st quarter worth $28,000. Millstone Evans Group LLC acquired a new position in shares of TE Connectivity in the 1st quarter worth $32,000. Ransom Advisory Ltd acquired a new position in shares of TE Connectivity in the 1st quarter worth $34,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of TE Connectivity in the 1st quarter worth $34,000. Finally, Dagco Inc. acquired a new position in shares of TE Connectivity in the 1st quarter worth $35,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. KGI Securities upgraded TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Robert W. Baird set a $232.00 target price on TE Connectivity in a report on Wednesday, September 3rd. JPMorgan Chase & Co. lifted their price target on TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 31st. Finally, UBS Group lifted their price target on TE Connectivity from $185.00 to $201.00 and gave the company a “buy” rating in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus price target of $199.55.

Insider Transactions at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the transaction, the insider owned 25,976 shares in the company, valued at $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Malavika Sagar sold 1,945 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $207.20, for a total value of $403,004.00. Following the completion of the transaction, the senior vice president owned 4,716 shares in the company, valued at $977,155.20. This trade represents a 29.20% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 137,645 shares of company stock worth $27,267,158. 0.90% of the stock is owned by company insiders.

TE Connectivity Stock Performance

Shares of TEL stock opened at $209.71 on Friday. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $215.22. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $61.96 billion, a price-to-earnings ratio of 43.42, a P/E/G ratio of 2.52 and a beta of 1.23. The stock’s fifty day simple moving average is $198.35 and its 200-day simple moving average is $167.52.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the previous year, the company posted $1.91 earnings per share. The business’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, sell-side analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.4%. TE Connectivity’s payout ratio is 58.80%.

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.