E20 Capital Ltd Takes Position in TE Connectivity Ltd. $TEL

E20 Capital Ltd acquired a new position in TE Connectivity Ltd. (NYSE:TEL) during the first quarter, HoldingsChannel.com reports. The fund acquired 122,692 shares of the electronics maker’s stock, valued at approximately $25,645,000. TE Connectivity makes up about 2.4% of E20 Capital Ltd’s holdings, making the stock its 15th biggest holding.

Several other large investors have also recently modified their holdings of TEL. Kohmann Bosshard Financial Services LLC purchased a new stake in TE Connectivity during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. grew its holdings in TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares during the last quarter. Commonwealth Retirement Investments LLC purchased a new position in TE Connectivity in the fourth quarter worth $40,000. MV Capital Management Inc. acquired a new position in shares of TE Connectivity during the fourth quarter worth $41,000. Finally, Westfuller Advisors LLC lifted its holdings in shares of TE Connectivity by 120.2% during the 4th quarter. Westfuller Advisors LLC now owns 185 shares of the electronics maker’s stock valued at $42,000 after purchasing an additional 101 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

Insider Activity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at $5,584,840. This trade represents a 26.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

TE Connectivity Trading Down 0.1%

NYSE:TEL opened at $206.84 on Friday. The company has a market capitalization of $59.88 billion, a P/E ratio of 20.28, a PEG ratio of 1.39 and a beta of 1.17. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 0.42. TE Connectivity Ltd. has a 12 month low of $190.27 and a 12 month high of $252.56. The firm has a fifty day simple moving average of $206.05 and a 200-day simple moving average of $214.29.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.09. The firm had revenue of $5.16 billion for the quarter, compared to the consensus estimate 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 was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities research analysts anticipate that TE Connectivity Ltd. will post 11.48 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. Stockholders of record on Friday, August 21st will be issued a $0.78 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio is currently 30.59%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Barclays raised their price objective on TE Connectivity from $297.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, June 15th. UBS Group reaffirmed a “buy” rating and set a $241.00 target price on shares of TE Connectivity in a research report on Thursday, July 23rd. HSBC cut TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target for the company. in a research note on Thursday, April 23rd. Truist Financial dropped their price target on TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Finally, Robert W. Baird cut their price objective on shares of TE Connectivity from $240.00 to $225.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.