TE Connectivity Ltd. (NYSE:TEL) Short Interest Update

TE Connectivity Ltd. (NYSE:TEL) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 6,947,820 shares, an increase of 20.9% from the January 29th total of 5,745,623 shares. Based on an average daily trading volume, of 2,741,901 shares, the short-interest ratio is currently 2.5 days. Currently, 2.4% of the shares of the company are short sold. Currently, 2.4% of the shares of the company are short sold. Based on an average daily trading volume, of 2,741,901 shares, the short-interest ratio is currently 2.5 days.

Insider Transactions at TE Connectivity

In related news, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the transaction, the executive vice president directly owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $233.82, for a total value of $2,197,908.00. Following the completion of the sale, the insider owned 32,541 shares in the company, valued at approximately $7,608,736.62. This trade represents a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 32,945 shares of company stock worth $7,528,616. 0.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC boosted its holdings in shares of TE Connectivity by 11.8% in the 3rd quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock valued at $89,000 after purchasing an additional 43 shares in the last quarter. Gulf International Bank UK Ltd lifted its position in shares of TE Connectivity by 0.3% during the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock worth $3,412,000 after buying an additional 44 shares during the last quarter. MCF Advisors LLC boosted its stake in TE Connectivity by 14.1% in the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after buying an additional 45 shares in the last quarter. Webster Bank N. A. grew its position in TE Connectivity by 19.1% in the fourth quarter. Webster Bank N. A. now owns 287 shares of the electronics maker’s stock valued at $65,000 after acquiring an additional 46 shares during the last quarter. Finally, CYBER HORNET ETFs LLC raised its stake in TE Connectivity by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock worth $202,000 after acquiring an additional 47 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

TE Connectivity Price Performance

TE Connectivity stock opened at $204.52 on Wednesday. The firm has a market cap of $60.01 billion, a PE ratio of 29.51, a price-to-earnings-growth ratio of 1.61 and a beta of 1.23. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The stock’s fifty day moving average price is $229.70 and its two-hundred day moving average price is $225.91. TE Connectivity has a one year low of $116.30 and a one year high of $250.67.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (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 company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same period in the prior year, the firm posted $1.95 EPS. TE Connectivity’s quarterly revenue was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, research analysts expect that TE Connectivity will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be given a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 annualized dividend and a dividend yield of 1.4%. TE Connectivity’s payout ratio is presently 40.98%.

Analyst Upgrades and Downgrades

TEL has been the topic of a number of research reports. Barclays upped their price target 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. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Oppenheimer lifted their price target on TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Truist Financial upped their price objective on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. Finally, Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $251.93.

TE Connectivity Company 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.