Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of TE Connectivity Ltd. (NYSE:TEL)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of TE Connectivity Ltd. (NYSE:TEL). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in TE Connectivity stock on May 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

TE Connectivity Stock Performance

NYSE:TEL traded down $8.61 on Wednesday, reaching $202.30. 2,815,102 shares of the company’s stock were exchanged, compared to its average volume of 2,463,448. The firm has a market cap of $59.05 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.46 and a beta of 1.16. 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 stock has a fifty day simple moving average of $214.47 and a 200-day simple moving average of $220.86. TE Connectivity Ltd. has a 52 week low of $162.17 and a 52 week high of $252.56.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. The business had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, sell-side analysts predict that TE Connectivity Ltd. will post 11.28 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, August 21st. TE Connectivity’s payout ratio is currently 31.87%.

TE Connectivity announced that its board has approved a stock buyback plan on Wednesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the electronics maker to repurchase up to 5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the sale, the insider directly owned 25,976 shares in the company, valued at $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,200 shares of company stock valued at $6,140,644 over the last ninety days. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Truist Financial decreased their price target on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a report on Thursday, April 23rd. The Goldman Sachs Group set a $286.00 price objective on TE Connectivity in a research report on Wednesday, April 22nd. Barclays reduced their target price 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. Finally, Wells Fargo & Company raised their price target on TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity presently has a consensus rating of “Moderate Buy” and an average target price of $256.57.

Hedge Funds Weigh In On TE Connectivity

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in TE Connectivity in the 4th quarter worth approximately $25,000. Caitlin John LLC purchased a new position in shares of TE Connectivity during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of TE Connectivity in the 3rd quarter worth approximately $29,000. Geneos Wealth Management Inc. boosted its stake in shares of TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 127 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new position in shares of TE Connectivity during the 4th quarter valued at $40,000. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.