6,312 Shares in TE Connectivity Ltd. $TEL Acquired by Lyell Wealth Management LP

Lyell Wealth Management LP bought a new stake in TE Connectivity Ltd. (NYSE:TEL) during the second quarter, HoldingsChannel.com reports. The firm bought 6,312 shares of the electronics maker’s stock, valued at approximately $1,065,000.

A number of other large investors have also recently modified their holdings of TEL. Vanguard Group Inc. boosted its holdings in shares of TE Connectivity by 17.0% in the 1st quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock valued at $5,353,401,000 after purchasing an additional 5,502,415 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in shares of TE Connectivity by 39,846.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock valued at $299,490,000 after purchasing an additional 1,771,153 shares in the last quarter. Nuveen LLC acquired a new stake in shares of TE Connectivity in the 1st quarter valued at $174,700,000. Wellington Management Group LLP boosted its holdings in shares of TE Connectivity by 17.2% in the 1st quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock valued at $1,054,133,000 after purchasing an additional 1,097,035 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of TE Connectivity by 17.1% in the 1st quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock valued at $927,571,000 after purchasing an additional 960,276 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Buying and Selling

In other news, insider Aaron Kyle Stucki sold 52,900 shares of TE Connectivity stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of the transaction, the insider directly owned 23,667 shares of the company’s stock, valued at approximately $4,562,524.26. This trade represents a 69.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 24,625 shares of the company’s stock, valued at approximately $5,154,751.25. This trade 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 quarter. 0.90% of the stock is currently owned by company insiders.

TE Connectivity Stock Down 0.4%

Shares of NYSE:TEL opened at $223.33 on Monday. The firm has a market cap of $65.99 billion, a P/E ratio of 46.24, a P/E/G ratio of 2.41 and a beta of 1.26. 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 Ltd. has a 12-month low of $116.30 and a 12-month high of $226.50. The business has a fifty day simple moving average of $212.45 and a 200 day simple moving average of $180.36.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.19. The business had revenue of $4.53 billion during 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%.TE Connectivity’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a dividend of $0.71 per share. 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 (DPR) is currently 58.80%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial raised their target price on TE Connectivity from $156.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, July 24th. Robert W. Baird increased their price target on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Zacks Research cut TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Citigroup increased their price target on TE Connectivity from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Finally, The Goldman Sachs Group increased their price target on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $219.92.

TE Connectivity Company 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.