DeDora Capital Inc. Acquires 142 Shares of TE Connectivity Ltd. $TEL

DeDora Capital Inc. increased its position in TE Connectivity Ltd. (NYSE:TEL) by 7.1% in the 2nd quarter, Holdings Channel reports. The firm owned 2,137 shares of the electronics maker’s stock after buying an additional 142 shares during the quarter. DeDora Capital Inc.’s holdings in TE Connectivity were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in TE Connectivity by 17.0% during the first quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock worth $5,353,401,000 after acquiring an additional 5,502,415 shares in the last quarter. Dodge & Cox increased its stake in shares of TE Connectivity by 0.4% in the first quarter. Dodge & Cox now owns 16,022,480 shares of the electronics maker’s stock valued at $2,264,297,000 after buying an additional 56,871 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of TE Connectivity by 17.2% in the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock valued at $1,054,133,000 after buying an additional 1,097,035 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of TE Connectivity by 17.1% in the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after buying an additional 960,276 shares in the last quarter. Finally, EdgePoint Investment Group Inc. increased its stake in shares of TE Connectivity by 5.8% in the first quarter. EdgePoint Investment Group Inc. now owns 4,108,472 shares of the electronics maker’s stock valued at $580,609,000 after buying an additional 224,422 shares in the last quarter. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TEL. JPMorgan Chase & Co. lifted their price objective on TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Wall Street Zen lowered TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 31st. Robert W. Baird lifted their price objective on TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Finally, Evercore ISI lifted their price objective on TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Two equities research 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’s stock. Based on data from MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus price target of $219.92.

Insiders Place Their Bets

In related news, SVP Malavika Sagar sold 1,945 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the transaction, the senior vice president directly owned 4,716 shares of the company’s stock, valued at approximately $977,155.20. The trade was a 29.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 45,850 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $209.33, for a total value of $9,597,780.50. Following the transaction, the executive vice president directly owned 24,625 shares in the company, valued at $5,154,751.25. The trade was a 65.06% 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 90 days. 0.90% of the stock is owned by insiders.

TE Connectivity Stock Down 0.4%

NYSE:TEL opened at $223.33 on Friday. The firm has a market capitalization of $65.99 billion, a price-to-earnings ratio of 46.24, a price-to-earnings-growth ratio of 2.41 and a beta of 1.26. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $226.50. The stock’s 50 day moving average price is $212.45 and its two-hundred day moving average price is $180.01. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.19. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The business’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Equities research analysts expect 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, December 12th. Investors of record on Friday, November 21st will be issued a dividend of $0.71 per share. 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 payout ratio is presently 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.