Park Avenue Securities LLC Purchases 3,873 Shares of TE Connectivity Ltd. $TEL

Park Avenue Securities LLC raised its position in TE Connectivity Ltd. (NYSE:TEL) by 15.0% in the third quarter, HoldingsChannel reports. The fund owned 29,722 shares of the electronics maker’s stock after purchasing an additional 3,873 shares during the quarter. Park Avenue Securities LLC’s holdings in TE Connectivity were worth $6,274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TEL. State Street Corp raised its position in shares of TE Connectivity by 5.7% during the second quarter. State Street Corp now owns 13,639,381 shares of the electronics maker’s stock worth $2,750,079,000 after purchasing an additional 730,084 shares during the period. Wellington Management Group LLP lifted its holdings in shares of TE Connectivity by 48.2% in the 2nd quarter. Wellington Management Group LLP now owns 7,709,235 shares of the electronics maker’s stock worth $1,554,259,000 after purchasing an additional 2,507,569 shares in the last quarter. Baird Financial Group Inc. grew its position in TE Connectivity by 3.5% in the 2nd quarter. Baird Financial Group Inc. now owns 3,237,914 shares of the electronics maker’s stock valued at $652,796,000 after purchasing an additional 109,020 shares during the period. Dimensional Fund Advisors LP grew its position in TE Connectivity by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,958,535 shares of the electronics maker’s stock valued at $618,121,000 after purchasing an additional 118,284 shares during the period. Finally, Amundi grew its position in TE Connectivity by 37.2% in the 1st quarter. Amundi now owns 2,256,878 shares of the electronics maker’s stock valued at $471,733,000 after purchasing an additional 612,180 shares during the period. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Stock Performance

Shares of TE Connectivity stock opened at $221.47 on Thursday. TE Connectivity Ltd. has a 52 week low of $190.27 and a 52 week high of $252.56. 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 business has a 50 day moving average price of $210.40 and a 200-day moving average price of $213.28. The company has a market cap of $64.12 billion, a PE ratio of 21.71, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, October 28th. The electronics maker reported $3.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.07 by $0.07. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%. The company had revenue of $5.31 billion for the quarter, compared to analysts’ expectations of $5.29 billion. During the same quarter in the previous year, the firm earned $2.44 earnings per share. TE Connectivity’s quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts anticipate that TE Connectivity Ltd. will post 11.46 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.78 per share. The ex-dividend date is Friday, November 20th. This represents a $3.12 annualized dividend and a yield of 1.4%. TE Connectivity’s dividend payout ratio (DPR) is 30.59%.

Analyst Upgrades and Downgrades

A number of analysts have commented on TEL shares. Jefferies Financial Group decreased their price target on shares of TE Connectivity from $265.00 to $235.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Wells Fargo & Company raised their price objective on shares of TE Connectivity from $209.00 to $220.00 and gave the company a “cautious” rating in a research note on Friday, September 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of TE Connectivity in a report on Thursday, October 22nd. Wall Street Zen raised shares of TE Connectivity from a “hold” rating to a “buy” rating in a research report on Sunday, October 18th. Finally, The Goldman Sachs Group boosted their target price on shares of TE Connectivity from $284.00 to $288.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Eleven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.07.

Key Headlines Impacting TE Connectivity

Here are the key news stories impacting TE Connectivity this week:

• Positive Sentiment: TE Connectivity reported record fiscal fourth-quarter revenue of approximately $5.31 billion, up 12% year over year, while adjusted EPS of $3.14 exceeded estimates near $3.07–$3.08. Revenue and profit growth were supported by strength in the Industrial and Transportation segments. TE Connectivity delivers 12% sales increase and over 20% EPS growth in fiscal fourth quarter
• Positive Sentiment: Management forecast continued momentum in fiscal 2027, including double-digit sales growth. Reports also cited robust artificial-intelligence demand and transportation growth as important drivers. TE Connectivity Q4 Earnings Beat Estimates, Revenues Increase Year over Year
• Positive Sentiment: The company committed $1.6 billion to acquisitions involving optics and power-filtering businesses, potentially strengthening its exposure to data-center and AI infrastructure demand. TE Connectivity committed $1.6 billion to optics and power filtering deals
• Neutral Sentiment: Although fiscal 2027 guidance reportedly exceeded analyst forecasts, the stock’s valuation has prompted questions about whether TEL is already fairly valued or trading at a discount to its estimated cash flow. Is TE Connectivity Trading at a Discount to Cash Flow?
• Negative Sentiment: The shares slipped after the earnings release despite the beats, suggesting investors may have expected an even stronger outlook or may be taking profits after the recent rally. The mixed market reaction outweighed the favorable quarterly numbers in the near term. TE Connectivity slips even as Q4 results and guidance top estimates

About TE Connectivity

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products help transmit power, data and signals across a range of applications, including vehicles, industrial equipment, communications networks, aerospace systems, medical devices and consumer electronics.

The company’s product portfolio includes connectors, terminals, relays, sensors, antennas, circuit-protection products, wire and cable assemblies, and related application tooling.