Indivisible Partners Purchases New Holdings in TE Connectivity Ltd. $TEL

Indivisible Partners purchased a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the fourth quarter, Holdings Channel reports. The firm purchased 5,333 shares of the electronics maker’s stock, valued at approximately $1,213,000.

A number of other institutional investors and hedge funds also recently modified their holdings of TEL. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of TE Connectivity during the fourth quarter valued at approximately $25,000. Caitlin John LLC purchased a new stake in shares of TE Connectivity during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of TE Connectivity during the third quarter valued at approximately $29,000. Geneos Wealth Management Inc. increased its position in shares of TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of TE Connectivity during the third quarter valued at approximately $39,000. 91.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TE Connectivity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was 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 available through this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s 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 completion of the transaction, the insider directly owned 32,541 shares of the company’s stock, valued at $7,608,736.62. The trade was a 22.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 42,345 shares of company stock valued at $9,627,260 over the last three months. Company insiders own 0.60% of the company’s stock.

TE Connectivity Stock Performance

NYSE:TEL opened at $215.97 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The business has a fifty day simple moving average of $215.01 and a two-hundred day simple moving average of $225.94. TE Connectivity Ltd. has a 1 year low of $147.80 and a 1 year high of $252.56. The company has a market capitalization of $63.04 billion, a P/E ratio of 22.06, a P/E/G ratio of 1.47 and a beta of 1.18.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same period last year, the business posted $2.10 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, analysts expect that TE Connectivity Ltd. will post 11.28 earnings per share for the current year.

TE Connectivity declared that its board has approved a share buyback program on Wednesday, March 11th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the electronics maker to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

TE Connectivity Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be issued a $0.78 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.4%. TE Connectivity’s dividend payout ratio is 29.01%.

Analysts Set New Price Targets

A number of analysts recently commented on TEL shares. The Goldman Sachs Group set a $286.00 price target on TE Connectivity in a research report on Wednesday, April 22nd. Barclays decreased their price target on TE Connectivity from $302.00 to $297.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. Wells Fargo & Company raised their target price on TE Connectivity from $214.00 to $226.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. UBS Group decreased their target price on TE Connectivity from $272.00 to $261.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Finally, Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.57.

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.