Vinva Investment Management Ltd boosted its stake in TE Connectivity Ltd. (NYSE:TEL – Free Report) by 59.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,938 shares of the electronics maker’s stock after purchasing an additional 10,431 shares during the quarter. Vinva Investment Management Ltd’s holdings in TE Connectivity were worth $6,084,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Caitlin John LLC bought a new position in shares of TE Connectivity during the 3rd quarter worth about $28,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of TE Connectivity in the 3rd quarter valued at about $29,000. Neo Ivy Capital Management bought a new stake in TE Connectivity in the 2nd quarter valued at about $30,000. Caldwell Trust Co acquired a new position in TE Connectivity during the 2nd quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. raised its stake in TE Connectivity by 189.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after buying an additional 127 shares during the period. 91.43% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $234.23, for a total transaction of $333,777.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.82, for a total value of $2,197,908.00. Following the sale, the insider owned 32,541 shares in the company, valued at $7,608,736.62. This trade represents a 22.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,945 shares of company stock valued at $7,528,616 in the last 90 days. 0.60% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on TE Connectivity
TE Connectivity Price Performance
TEL opened at $205.99 on Monday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. 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 company has a market capitalization of $60.44 billion, a price-to-earnings ratio of 29.72, a P/E/G ratio of 1.57 and a beta of 1.23. The firm’s fifty day moving average price is $228.29 and its two-hundred day moving average price is $226.03.
TE Connectivity (NYSE:TEL – Get Free Report) last announced 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 net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the prior year, the company posted $1.95 earnings per share. The firm’s revenue for the quarter 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, analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.
TE Connectivity Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be paid a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.4%. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.
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.
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