Vinva Investment Management Ltd Acquires 10,431 Shares of TE Connectivity Ltd. $TEL

Vinva Investment Management Ltd increased its stake in TE Connectivity Ltd. (NYSE:TEL) by 59.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 27,938 shares of the electronics maker’s stock after buying an additional 10,431 shares during the period. Vinva Investment Management Ltd’s holdings in TE Connectivity were worth $6,084,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. raised its position in TE Connectivity by 16.4% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,059 shares of the electronics maker’s stock worth $452,000 after acquiring an additional 290 shares during the period. CreativeOne Wealth LLC grew its position in shares of TE Connectivity by 46.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 1,775 shares of the electronics maker’s stock valued at $390,000 after acquiring an additional 567 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of TE Connectivity by 121.8% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 12,200 shares of the electronics maker’s stock valued at $2,678,000 after acquiring an additional 6,700 shares during the period. Korea Investment CORP increased its stake in shares of TE Connectivity by 6.2% during the 3rd quarter. Korea Investment CORP now owns 217,899 shares of the electronics maker’s stock worth $47,835,000 after purchasing an additional 12,676 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of TE Connectivity by 49.5% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 68,123 shares of the electronics maker’s stock worth $14,955,000 after purchasing an additional 22,553 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Buying and Selling

In other news, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $234.23, for a total transaction of $333,777.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 32,945 shares of company stock valued at $7,528,616. Company insiders own 0.60% of the company’s stock.

TE Connectivity Stock Performance

Shares of TEL opened at $205.99 on Monday. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67. The stock’s 50-day simple moving average is $228.29 and its 200 day simple moving average is $226.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The stock has a market capitalization of $60.44 billion, a price-to-earnings ratio of 29.72, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share 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 quarter in the previous year, the firm earned $1.95 EPS. The company’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. Research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

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 issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio is 40.98%.

Wall Street Analyst Weigh In

TEL has been the topic of a number of research reports. Truist Financial lifted their price target on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. TD Cowen reissued a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Weiss Ratings upgraded TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, February 6th. The Goldman Sachs Group set a $306.00 price target on TE Connectivity in a research report on Wednesday, January 21st. Finally, Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. One 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. Based on data from MarketBeat.com, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus target price of $251.93.

TE Connectivity 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.