Kesler Norman & Wride LLC Takes Position in TE Connectivity Ltd. $TEL

Kesler Norman & Wride LLC bought a new position in shares of TE Connectivity Ltd. (NYSE:TEL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,870 shares of the electronics maker’s stock, valued at approximately $630,000.

Other large investors have also bought and sold shares of the company. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity during the 2nd quarter worth about $26,000. Neo Ivy Capital Management acquired a new position in TE Connectivity during the 2nd quarter worth approximately $30,000. Salomon & Ludwin LLC boosted 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 acquiring an additional 66 shares in the last quarter. Caldwell Trust Co acquired a new stake in TE Connectivity in the second quarter valued at approximately $31,000. Finally, Richardson Financial Services Inc. bought a new stake in shares of TE Connectivity during the second quarter valued at approximately $33,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TE Connectivity

In related news, CFO Heath A. Mitts sold 82,300 shares of the firm’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 completion of the sale, the chief financial officer 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John S. Jenkins sold 25,021 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.90% of the company’s stock.

TE Connectivity Trading Up 1.6%

Shares of TEL stock opened at $231.57 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56. The company has a market capitalization of $68.12 billion, a price-to-earnings ratio of 37.65, a PEG ratio of 1.78 and a beta of 1.24. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The company has a 50-day simple moving average of $232.62 and a two-hundred day simple moving average of $215.00.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $4.75 billion for 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 company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Research analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is 46.18%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TEL. Truist Financial increased their target price on TE Connectivity from $239.00 to $240.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday. TD Cowen boosted their target price on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Finally, UBS Group boosted their price objective on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.85.

TE Connectivity Profile

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.