Wedbush Securities Inc. Grows Stock Position in TE Connectivity Ltd. $TEL

Wedbush Securities Inc. boosted its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 2.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,188 shares of the electronics maker’s stock after acquiring an additional 276 shares during the quarter. Wedbush Securities Inc.’s holdings in TE Connectivity were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Princeton Global Asset Management LLC bought a new stake in TE Connectivity in the second quarter valued at approximately $26,000. Costello Asset Management INC purchased a new position in shares of TE Connectivity in the first quarter worth $28,000. Salomon & Ludwin LLC raised its holdings in TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after buying an additional 66 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in TE Connectivity during the 1st quarter valued at $32,000. Finally, Richardson Financial Services Inc. bought a new stake in TE Connectivity in the 2nd quarter worth $33,000. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Stock Down 0.1%

Shares of NYSE:TEL opened at $242.27 on Friday. The firm has a market capitalization of $71.59 billion, a P/E ratio of 39.39, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56. The stock has a 50 day moving average price of $222.75 and a 200-day moving average price of $191.97. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.15. The company had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The firm’s revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities research analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given 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 1.2%. TE Connectivity’s dividend payout ratio is currently 46.18%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TEL. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. UBS Group upped their price target on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. The Goldman Sachs Group increased their price objective on TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a report on Monday, September 29th. JPMorgan Chase & Co. boosted their target price on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, Barclays upped their target price on TE Connectivity from $249.00 to $277.00 and gave the company an “overweight” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $241.58.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,272,868.24. This trade represents a 47.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the transaction, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,171 shares of company stock worth $31,380,209 in the last three months. 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.