TE Connectivity (NYSE:TEL) EVP Sells $1,371,395.55 in Stock

TE Connectivity Ltd. (NYSE:TEL) EVP John 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 completion of the sale, the executive vice president directly owned 21,810 shares in the company, valued at $4,859,486.10. This trade represents a 22.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

TE Connectivity Price Performance

TE Connectivity stock opened at $228.56 on Thursday. 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 firm’s 50-day simple moving average is $230.21 and its 200 day simple moving average is $223.11. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $250.67. The firm 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 announced its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the prior year, the firm earned $1.95 earnings per share. The company’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. On average, equities research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently disclosed 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. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is currently 40.98%.

Hedge Funds Weigh In On TE Connectivity

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new position in TE Connectivity in the 4th quarter worth approximately $25,000. Caitlin John LLC acquired a new position in shares of TE Connectivity during the third quarter worth $28,000. Aster Capital Management DIFC Ltd purchased a new position in shares of TE Connectivity in the third quarter valued at $29,000. Princeton Global Asset Management LLC acquired a new stake in TE Connectivity during the 2nd quarter valued at $26,000. Finally, SOA Wealth Advisors LLC. increased its stake in TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after buying an additional 54 shares during the period. 91.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on TEL shares. Weiss Ratings upgraded shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, February 6th. The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research note on Wednesday, January 21st. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. increased their price target on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Finally, Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $250.86.

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.