TE Connectivity (NYSE:TEL) SVP Reuben Shaffer Sells 1,425 Shares of Stock

TE Connectivity Ltd. (NYSE:TEL) SVP Reuben Shaffer sold 1,425 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $234.23, for a total transaction of $333,777.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $235.54 on Wednesday. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67. The company has a 50-day simple moving average of $230.12 and a 200-day simple moving average of $223.99. The company has a market cap of $69.12 billion, a PE ratio of 33.99, a price-to-earnings-growth ratio of 1.80 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07.

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

TE Connectivity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors 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 of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

Analysts Set New Price Targets

A number of brokerages have recently commented on TEL. The Goldman Sachs Group set a $306.00 target price on shares of TE Connectivity in a research note on Wednesday, January 21st. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Barclays boosted their target price 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. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. Finally, JPMorgan Chase & Co. boosted their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $251.93.

Institutional Trading of TE Connectivity

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

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.