R Squared Ltd Takes $1.17 Million Position in TE Connectivity Ltd. $TEL

R Squared Ltd purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL) in the third quarter, Holdings Channel.com reports. The fund purchased 5,331 shares of the electronics maker’s stock, valued at approximately $1,170,000.

Several other large investors have also bought and sold shares of TEL. SOA Wealth Advisors LLC. grew its position in TE Connectivity by 47.4% in the third quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after acquiring an additional 54 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of TE Connectivity in the 3rd quarter valued at approximately $39,000. Neo Ivy Capital Management acquired a new stake in shares of TE Connectivity in the 2nd quarter valued at approximately $30,000. Proffitt & Goodson Inc. grew its holdings in shares of TE Connectivity by 330.2% during the 3rd quarter. Proffitt & Goodson Inc. now owns 185 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 142 shares during the last quarter. Finally, Caldwell Trust Co acquired a new position in TE Connectivity during the 2nd quarter worth approximately $31,000. 91.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TE Connectivity

In other news, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the sale, the executive vice president directly owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of TE Connectivity stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total transaction of $333,777.75. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 23,545 shares of company stock valued at $5,436,928. 0.60% of the stock is currently owned by company insiders.

TE Connectivity Stock Performance

Shares of TE Connectivity stock opened at $236.10 on Friday. The stock has a market cap of $69.28 billion, a price-to-earnings ratio of 34.07, a P/E/G ratio of 1.85 and a beta of 1.24. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company’s fifty day moving average is $230.70 and its 200 day moving average is $225.36. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same period in the previous year, the business earned $1.95 EPS. The business’s quarterly revenue 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. Sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be issued a $0.71 dividend. The ex-dividend date 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 40.98%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Truist Financial boosted their target price on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Citigroup increased their price target on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Evercore boosted their price objective on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. UBS Group upped their target price on TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. lifted their price target on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $251.93.

About TE Connectivity

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.