O Shaughnessy Asset Management LLC Buys 8,032 Shares of TE Connectivity Ltd. $TEL

O Shaughnessy Asset Management LLC increased its stake in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 14.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 64,896 shares of the electronics maker’s stock after acquiring an additional 8,032 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TE Connectivity were worth $14,764,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new stake in TE Connectivity during the fourth quarter worth about $25,000. Caitlin John LLC bought a new stake in TE Connectivity during the third quarter worth about $28,000. Aster Capital Management DIFC Ltd bought a new stake in TE Connectivity during the third quarter worth about $29,000. Geneos Wealth Management Inc. raised its holdings in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 127 shares in the last quarter. Finally, JFS Wealth Advisors LLC raised its holdings in TE Connectivity by 54.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock worth $42,000 after acquiring an additional 65 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

Insider Activity at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $215.00, for a total value of $2,021,000.00. Following the transaction, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 28,200 shares of company stock valued at $6,140,644 over the last 90 days. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Price Performance

TE Connectivity stock opened at $210.62 on Wednesday. TE Connectivity Ltd. has a 12 month low of $162.17 and a 12 month high of $252.56. The stock’s 50 day moving average is $214.47 and its 200-day moving average is $220.86. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $61.48 billion, a price-to-earnings ratio of 21.51, a PEG ratio of 1.46 and a beta of 1.16.

TE Connectivity (NYSE:TELGet Free Report) last posted its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, beating the consensus estimate of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter in the prior year, the business earned $2.10 earnings per share. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. Equities research analysts expect that TE Connectivity Ltd. will post 11.28 EPS for the current year.

TE Connectivity declared that its board has approved a stock repurchase plan on Wednesday, March 11th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the electronics maker to buy up to 5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. UBS Group lowered their price target on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. The Goldman Sachs Group set a $286.00 price target on TE Connectivity in a research report on Wednesday, April 22nd. HSBC downgraded TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target on the stock. in a research report on Thursday, April 23rd. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Finally, Oppenheimer boosted their price target on TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $256.57.

Check Out Our Latest Report on TEL

TE Connectivity Company Profile

(Free Report)

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.

Further Reading

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Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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