Campbell & CO Investment Adviser LLC bought a new position in shares of TE Connectivity Ltd. (NYSE:TEL – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 38,293 shares of the electronics maker’s stock, valued at approximately $6,459,000. TE Connectivity makes up approximately 0.4% of Campbell & CO Investment Adviser LLC’s portfolio, making the stock its 20th largest position.
A number of other institutional investors have also recently bought and sold shares of TEL. Brighton Jones LLC acquired a new stake in shares of TE Connectivity during the fourth quarter worth $820,000. Concurrent Investment Advisors LLC increased its holdings in TE Connectivity by 9.6% during the 1st quarter. Concurrent Investment Advisors LLC now owns 2,031 shares of the electronics maker’s stock worth $287,000 after purchasing an additional 178 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in shares of TE Connectivity by 68.9% in the 1st quarter. Axxcess Wealth Management LLC now owns 3,816 shares of the electronics maker’s stock valued at $539,000 after purchasing an additional 1,557 shares during the period. Alps Advisors Inc. lifted its holdings in shares of TE Connectivity by 4.1% in the first quarter. Alps Advisors Inc. now owns 28,296 shares of the electronics maker’s stock valued at $3,999,000 after purchasing an additional 1,116 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of TE Connectivity by 3.6% during the first quarter. Cerity Partners LLC now owns 40,486 shares of the electronics maker’s stock worth $5,721,000 after buying an additional 1,389 shares during the period. Institutional investors own 91.43% of the company’s stock.
Insider Activity at TE Connectivity
In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction 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 transaction, the insider directly 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 SEC filing for this sale provides additional information. In the last quarter, insiders have sold 131,171 shares of company stock worth $31,380,209. Company insiders own 0.90% of the company’s stock.
Analyst Upgrades and Downgrades
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TE Connectivity Stock Performance
Shares of TEL opened at $242.27 on Friday. The company has a market cap of $71.59 billion, a PE ratio of 39.39, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The firm has a 50-day moving average of $222.75 and a 200-day moving average of $191.97. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 0.96.
TE Connectivity (NYSE:TEL – Get Free Report) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.15. The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. TE Connectivity’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the business posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.
TE Connectivity Announces Dividend
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 paid a dividend of $0.71 per share. 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 payout ratio is currently 46.18%.
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.
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