TE Connectivity Sees Unusually High Options Volume (NYSE:TEL)

TE Connectivity Ltd. (NYSE:TEL) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 4,136 put options on the stock. This is an increase of approximately 132% compared to the typical daily volume of 1,783 put options.

TE Connectivity Price Performance

Shares of TE Connectivity stock traded down $2.59 during trading on Wednesday, hitting $238.85. 665,980 shares of the company were exchanged, compared to its average volume of 2,174,444. The firm has a 50 day moving average price of $230.09 and a 200 day moving average price of $225.17. The stock has a market capitalization of $70.09 billion, a price-to-earnings ratio of 34.45, a P/E/G ratio of 1.76 and a beta of 1.24. 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 has a fifty-two week low of $116.30 and a fifty-two week high of $250.67.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating 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 analysts’ expectations of $4.52 billion. During the same period last year, the firm earned $1.95 EPS. The firm’s 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. On average, equities analysts expect that TE Connectivity will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

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 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%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TEL. The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research note on Wednesday, January 21st. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. UBS Group increased their target price on shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Finally, Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. One investment 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $251.93.

Insider Activity at TE Connectivity

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 6,565 shares of TE Connectivity stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $233.64, for a total transaction of $1,533,846.60. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $6,069,032.64. The trade was a 20.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 23,545 shares of company stock valued at $5,436,928. 0.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On TE Connectivity

Several institutional investors and hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new position in TE Connectivity in the fourth quarter worth about $25,000. Caitlin John LLC acquired a new position in shares of TE Connectivity in the 3rd quarter worth approximately $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of TE Connectivity in the 3rd quarter worth approximately $29,000. SOA Wealth Advisors LLC. boosted its stake in TE Connectivity by 47.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after buying an additional 54 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in TE Connectivity in the fourth quarter valued at $40,000. Institutional investors own 91.43% of the company’s stock.

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.