AE Wealth Management LLC Has $524,000 Position in TE Connectivity Ltd. $TEL

AE Wealth Management LLC lowered its position in TE Connectivity Ltd. (NYSE:TEL) by 79.9% during the third quarter, Holdings Channel reports. The firm owned 2,387 shares of the electronics maker’s stock after selling 9,481 shares during the period. AE Wealth Management LLC’s holdings in TE Connectivity were worth $524,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Great Lakes Advisors LLC lifted its position in shares of TE Connectivity by 3.4% during the 3rd quarter. Great Lakes Advisors LLC now owns 1,457 shares of the electronics maker’s stock valued at $320,000 after acquiring an additional 48 shares during the period. Fidelis Capital Partners LLC lifted its holdings in shares of TE Connectivity by 8.5% in the third quarter. Fidelis Capital Partners LLC now owns 3,632 shares of the electronics maker’s stock valued at $797,000 after purchasing an additional 283 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in TE Connectivity by 11.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,231 shares of the electronics maker’s stock worth $10,369,000 after acquiring an additional 4,813 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of TE Connectivity by 3.0% in the third quarter. Bank of New York Mellon Corp now owns 4,259,441 shares of the electronics maker’s stock valued at $935,075,000 after purchasing an additional 122,994 shares during the last quarter. Finally, Truist Financial Corp lifted its position in shares of TE Connectivity by 2.5% during the third quarter. Truist Financial Corp now owns 119,434 shares of the electronics maker’s stock valued at $26,219,000 after purchasing an additional 2,921 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Analysts Set New Price Targets

TEL has been the subject of a number of recent analyst reports. Truist Financial upped their price objective on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. UBS Group increased their price target on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their price objective on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Evercore ISI lifted their target price on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Finally, Citigroup boosted their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $250.86.

TE Connectivity Stock Performance

NYSE TEL opened at $215.62 on Thursday. The firm has a market cap of $63.27 billion, a P/E ratio of 31.11, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $230.82 and its 200-day moving average is $222.20. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. The business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.52 billion. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. TE Connectivity’s revenue was up 21.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Sell-side analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be issued a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s dividend payout ratio is 40.98%.

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.