TE Connectivity Ltd. $TEL Stock Position Boosted by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 11.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,285 shares of the electronics maker’s stock after buying an additional 3,350 shares during the quarter. Wealthfront Advisers LLC’s holdings in TE Connectivity were worth $7,307,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Johnson Investment Counsel Inc. lifted its position in TE Connectivity by 2.7% in the third quarter. Johnson Investment Counsel Inc. now owns 3,232 shares of the electronics maker’s stock worth $710,000 after purchasing an additional 85 shares during the period. Prospera Financial Services Inc raised its stake in shares of TE Connectivity by 276.8% in the 3rd quarter. Prospera Financial Services Inc now owns 10,732 shares of the electronics maker’s stock worth $2,357,000 after buying an additional 7,884 shares in the last quarter. Profund Advisors LLC boosted its stake in TE Connectivity by 11.1% during the third quarter. Profund Advisors LLC now owns 5,045 shares of the electronics maker’s stock valued at $1,108,000 after buying an additional 505 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in TE Connectivity by 2.7% during the third quarter. Oppenheimer & Co. Inc. now owns 14,221 shares of the electronics maker’s stock worth $3,122,000 after acquiring an additional 378 shares during the period. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in TE Connectivity in the 3rd quarter valued at about $376,000. 91.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Evercore raised their price objective on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Wells Fargo & Company boosted their target price on TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Finally, Barclays upped their price objective on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity presently has an average rating of “Moderate Buy” and a consensus target price of $250.86.

TE Connectivity Stock Performance

NYSE:TEL opened at $228.56 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The company has a 50 day simple moving average of $230.21 and a two-hundred day simple moving average of $223.11. The company has a market capitalization of $67.07 billion, a PE ratio of 32.98, a P/E/G ratio of 1.72 and a beta of 1.24.

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

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be issued 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 payout ratio is presently 40.98%.

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the sale, the executive vice president owned 21,810 shares of the company’s stock, valued at $4,859,486.10. This trade represents a 22.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.60% of the company’s stock.

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.