Nisa Investment Advisors LLC Purchases 13,166 Shares of TE Connectivity Ltd. $TEL

Nisa Investment Advisors LLC lifted its position in TE Connectivity Ltd. (NYSE:TELFree Report) by 25.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 64,017 shares of the electronics maker’s stock after buying an additional 13,166 shares during the period. Nisa Investment Advisors LLC’s holdings in TE Connectivity were worth $14,054,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TEL. Mirae Asset Global Investments Co. Ltd. raised its stake in TE Connectivity by 11.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,418 shares of the electronics maker’s stock valued at $7,078,000 after purchasing an additional 4,310 shares in the last quarter. Nordea Investment Management AB grew its stake in TE Connectivity by 54.4% in the 2nd quarter. Nordea Investment Management AB now owns 1,605,782 shares of the electronics maker’s stock worth $269,723,000 after buying an additional 565,857 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of TE Connectivity by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after buying an additional 410,910 shares during the last quarter. PFG Investments LLC purchased a new stake in shares of TE Connectivity during the 2nd quarter valued at $274,000. Finally, Vise Technologies Inc. bought a new stake in shares of TE Connectivity during the 2nd quarter worth $917,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on TEL. Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Cowen reiterated a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Wells Fargo & Company raised their price objective on TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a report on Tuesday, December 9th. Barclays boosted their target price on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $244.85.

View Our Latest Stock Report on TE Connectivity

Insiders Place Their Bets

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 shares were sold at an average price of $247.73, for a total value of $6,198,452.33. Following 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by company insiders.

TE Connectivity Trading Up 1.6%

Shares of TEL stock opened at $231.57 on Friday. The business has a 50-day moving average of $232.62 and a 200 day moving average of $214.66. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The stock has a market capitalization of $68.12 billion, a PE ratio of 37.65, a P/E/G ratio of 1.75 and a beta of 1.24.

TE Connectivity (NYSE:TELGet Free Report) last announced its quarterly earnings data 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 firm had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The business’s revenue was up 16.7% on a year-over-year basis. During the same quarter 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, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.2%. TE Connectivity’s dividend payout ratio is presently 46.18%.

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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