Aberdeen Group plc Has $46.92 Million Holdings in TE Connectivity Ltd. $TEL

Aberdeen Group plc increased its stake in TE Connectivity Ltd. (NYSE:TEL) by 4.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 278,769 shares of the electronics maker’s stock after purchasing an additional 12,150 shares during the period. Aberdeen Group plc owned approximately 0.09% of TE Connectivity worth $46,922,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TEL. Brighton Jones LLC acquired a new position in TE Connectivity in the 4th quarter worth $820,000. Farther Finance Advisors LLC boosted its stake in TE Connectivity by 27.0% in the 1st quarter. Farther Finance Advisors LLC now owns 2,042 shares of the electronics maker’s stock worth $287,000 after purchasing an additional 434 shares during the period. GAMMA Investing LLC boosted its stake in TE Connectivity by 55.9% in the 1st quarter. GAMMA Investing LLC now owns 4,977 shares of the electronics maker’s stock worth $703,000 after purchasing an additional 1,784 shares during the period. SG Americas Securities LLC boosted its stake in TE Connectivity by 399.9% in the 1st quarter. SG Americas Securities LLC now owns 27,224 shares of the electronics maker’s stock worth $3,847,000 after purchasing an additional 21,778 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in TE Connectivity by 2.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 24,879 shares of the electronics maker’s stock worth $3,516,000 after purchasing an additional 511 shares during the period. 91.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at TE Connectivity

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of the 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 transaction, the senior vice president directly owned 4,716 shares of the company’s stock, valued at $977,155.20. This represents a 29.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John S. Jenkins sold 45,850 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the completion of the transaction, the executive vice president directly owned 24,625 shares in the company, valued at approximately $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 124,545 shares of company stock valued at $25,040,158 in the last 90 days. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TEL. JPMorgan Chase & Co. raised their price objective on TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Evercore ISI raised their price objective on TE Connectivity from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 12th. Weiss Ratings restated a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday. KGI Securities upgraded TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Finally, Truist Financial raised their price objective on TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.92.

TE Connectivity Trading Down 3.6%

TE Connectivity stock opened at $214.55 on Friday. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $226.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. The stock has a market capitalization of $63.40 billion, a P/E ratio of 44.42, a PEG ratio of 2.32 and a beta of 1.26. The stock has a 50-day simple moving average of $210.41 and a 200 day simple moving average of $177.26.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, topping 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 business 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 earnings per share. TE Connectivity’s quarterly revenue was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is currently 58.80%.

About TE Connectivity

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.