Twin Tree Management LP Makes New Investment in TE Connectivity Ltd. $TEL

Twin Tree Management LP acquired a new position in TE Connectivity Ltd. (NYSE:TEL) during the second quarter, HoldingsChannel reports. The institutional investor acquired 5,559 shares of the electronics maker’s stock, valued at approximately $938,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TEL. Brighton Jones LLC purchased a new stake in shares of TE Connectivity in the 4th quarter worth approximately $820,000. GAMMA Investing LLC grew its stake in shares of TE Connectivity by 55.9% in the first quarter. GAMMA Investing LLC now owns 4,977 shares of the electronics maker’s stock worth $703,000 after acquiring an additional 1,784 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of TE Connectivity by 7.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 38,705 shares of the electronics maker’s stock worth $5,470,000 after acquiring an additional 2,691 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its stake in shares of TE Connectivity by 4.0% in the first quarter. Robertson Stephens Wealth Management LLC now owns 5,039 shares of the electronics maker’s stock worth $712,000 after acquiring an additional 192 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in TE Connectivity by 2.4% during the 1st quarter. State of Alaska Department of Revenue now owns 34,944 shares of the electronics maker’s stock valued at $4,938,000 after purchasing an additional 835 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on TEL shares. JPMorgan Chase & Co. increased their price objective on shares of TE Connectivity from $186.00 to $204.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Citigroup increased their price target on shares of TE Connectivity from $230.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. The Goldman Sachs Group increased their target price on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Finally, Bank of America increased their target price on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $219.92.

TE Connectivity Stock Performance

TEL stock opened at $224.03 on Friday. The company has a market cap of $66.20 billion, a P/E ratio of 46.38, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $226.50. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The stock’s fifty day moving average price is $212.03 and its 200-day moving average price is $179.18.

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

TE Connectivity Dividend Announcement

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

Insider Buying and Selling at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the transaction, the insider owned 25,976 shares in the company, valued at $5,272,868.24. This trade represents a 47.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction on Monday, July 28th. The stock was sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the transaction, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. This represents a 65.06% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 124,545 shares of company stock worth $25,040,158. 0.90% of the stock is owned by corporate insiders.

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.