Natixis Advisors LLC Sells 13,245 Shares of TE Connectivity Ltd. $TEL

Natixis Advisors LLC lowered its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 161,364 shares of the electronics maker’s stock after selling 13,245 shares during the period. Natixis Advisors LLC owned approximately 0.05% of TE Connectivity worth $35,425,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in TE Connectivity by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after buying an additional 410,910 shares during the period. Dodge & Cox grew its stake in TE Connectivity by 6.3% in the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after acquiring an additional 1,017,323 shares during the period. State Street Corp increased its holdings in shares of TE Connectivity by 0.8% during the second quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock valued at $2,180,693,000 after acquiring an additional 100,040 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of TE Connectivity by 7.1% during the second quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock valued at $1,185,474,000 after acquiring an additional 464,853 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares during the period. 91.43% of the stock is currently owned by institutional investors and hedge funds.

TE Connectivity Stock Down 1.4%

Shares of NYSE:TEL opened at $203.31 on Wednesday. The business’s 50 day moving average is $227.25 and its 200 day moving average is $226.07. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The stock has a market cap of $59.66 billion, a price-to-earnings ratio of 29.34, a PEG ratio of 1.57 and a beta of 1.23. 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 (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during 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% compared to the same quarter last year. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. 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. Stockholders of record on Friday, February 20th will be issued 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 dividend payout ratio is currently 40.98%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TEL shares. UBS Group increased their target price on TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Wells Fargo & Company upped their price objective on shares of TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Finally, Truist Financial boosted their target price on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.93.

Insider Activity at TE Connectivity

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of the 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John S. Jenkins sold 6,155 shares of TE Connectivity 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 in the company, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 32,945 shares of company stock valued at $7,528,616 over the last ninety days. Corporate insiders own 0.60% 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.