TE Connectivity Ltd. $TEL Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. lifted its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 324.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,370 shares of the electronics maker’s stock after purchasing an additional 47,691 shares during the period. Benjamin Edwards Inc.’s holdings in TE Connectivity were worth $12,574,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Gulf International Bank UK Ltd boosted its position in shares of TE Connectivity by 0.3% during the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock worth $3,412,000 after acquiring an additional 44 shares in the last quarter. MCF Advisors LLC boosted its holdings in TE Connectivity by 14.1% in the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after purchasing an additional 45 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in TE Connectivity by 5.6% in the fourth quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock valued at $202,000 after purchasing an additional 47 shares in the last quarter. Harbour Investments Inc. increased its stake in TE Connectivity by 4.2% in the fourth quarter. Harbour Investments Inc. now owns 1,193 shares of the electronics maker’s stock valued at $271,000 after purchasing an additional 48 shares during the last quarter. Finally, Security National Bank of SO Dak raised its holdings in TE Connectivity by 0.5% during the second quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

Shares of TEL stock opened at $202.79 on Monday. The stock’s 50-day moving average price is $205.23 and its 200 day moving average price is $211.49. The company has a quick ratio of 1.23, a current ratio of 1.88 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $58.71 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16. TE Connectivity Ltd. has a 52-week low of $190.27 and a 52-week high of $252.56.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.09. The company had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.01 billion. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, equities research analysts forecast that TE Connectivity Ltd. will post 11.48 EPS for the current year.

TE Connectivity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, August 21st. TE Connectivity’s payout ratio is 30.59%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Evercore reaffirmed an “in-line” rating and issued a $230.00 target price on shares of TE Connectivity in a research report on Monday, June 22nd. Barclays upped their price objective on shares of TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Zacks Research lowered TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. Robert W. Baird reduced their target price on TE Connectivity from $240.00 to $225.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Finally, Wells Fargo & Company decreased their target price on TE Connectivity from $230.00 to $209.00 and set an “equal weight” rating for the company in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $251.15.

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.