TE Connectivity Ltd. $TEL Shares Acquired by Forsta AP Fonden

Forsta AP Fonden boosted its holdings in TE Connectivity Ltd. (NYSE:TEL) by 23.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 133,800 shares of the electronics maker’s stock after acquiring an additional 25,600 shares during the quarter. Forsta AP Fonden’s holdings in TE Connectivity were worth $22,568,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity in the second quarter worth $26,000. Costello Asset Management INC acquired a new stake in TE Connectivity in the first quarter worth about $28,000. Salomon & Ludwin LLC lifted its holdings in TE Connectivity by 58.9% in the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 66 shares during the period. Millstone Evans Group LLC bought a new position in TE Connectivity in the 1st quarter valued at about $32,000. Finally, Richardson Financial Services Inc. acquired a new position in TE Connectivity during the 2nd quarter valued at about $33,000. Institutional investors own 91.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. KGI Securities raised shares of TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Evercore ISI upped their target price on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Barclays lifted their price target on TE Connectivity from $249.00 to $277.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. UBS Group lifted their target price on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $241.58.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $246.60 on Thursday. The stock’s fifty day simple moving average is $225.26 and its 200 day simple moving average is $194.20. The stock has a market capitalization of $72.87 billion, a price-to-earnings ratio of 40.10, a PEG ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. 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 analysts’ consensus estimates of $2.29 by $0.15. The business had revenue of $4.75 billion during 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%.TE Connectivity’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, November 21st. TE Connectivity’s dividend payout ratio is 46.18%.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity 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 transaction, the insider directly owned 25,976 shares in the company, valued at approximately $5,272,868.24. The trade was a 47.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares in the company, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 131,171 shares of company stock valued at $31,380,209. Company insiders own 0.90% of the company’s stock.

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.