TE Connectivity Ltd. $TEL Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 0.9% in the second quarter, HoldingsChannel.com reports. The firm owned 1,841,714 shares of the electronics maker’s stock after acquiring an additional 15,523 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in TE Connectivity were worth $310,642,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TEL. Fidelis Capital Partners LLC boosted its stake in TE Connectivity by 1.6% during the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock worth $565,000 after buying an additional 52 shares during the period. Rossby Financial LCC lifted its holdings in shares of TE Connectivity by 6.0% in the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after acquiring an additional 57 shares during the last quarter. Premier Path Wealth Partners LLC boosted its position in shares of TE Connectivity by 2.8% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock worth $348,000 after purchasing an additional 57 shares during the period. Personal CFO Solutions LLC increased its holdings in TE Connectivity by 3.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 2,117 shares of the electronics maker’s stock valued at $357,000 after purchasing an additional 61 shares during the last quarter. Finally, Martingale Asset Management L P lifted its stake in TE Connectivity by 3.6% during the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after purchasing an additional 63 shares in the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at TE Connectivity

In other TE Connectivity news, CFO Heath A. Mitts sold 82,300 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the transaction, the chief financial officer directly owned 45,503 shares in the company, valued at $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, 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 SEC filing for this sale provides additional information. In the last ninety days, insiders sold 131,171 shares of company stock valued at $31,380,209. 0.90% of the stock is currently owned by corporate insiders.

TE Connectivity Stock Up 0.7%

Shares of TE Connectivity stock opened at $220.41 on Tuesday. 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. The company has a market capitalization of $64.84 billion, a P/E ratio of 35.84, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a 50 day moving average of $228.22 and a 200 day moving average of $199.03.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The company’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the business earned $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s payout ratio is 46.18%.

Wall Street Analysts Forecast Growth

TEL has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. UBS Group boosted their price target on shares of TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Evercore ISI raised their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Finally, Wells Fargo & Company upped their target price on shares of TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $244.46.

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.