TE Connectivity Ltd. $TEL Shares Purchased by National Pension Service

National Pension Service raised its stake in TE Connectivity Ltd. (NYSE:TEL) by 2.5% during the second quarter, Holdings Channel.com reports. The firm owned 1,102,295 shares of the electronics maker’s stock after purchasing an additional 27,088 shares during the quarter. National Pension Service’s holdings in TE Connectivity were worth $222,234,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JNBA Financial Advisors increased its stake in shares of TE Connectivity by 67.1% during the second quarter. JNBA Financial Advisors now owns 127 shares of the electronics maker’s stock worth $26,000 after buying an additional 51 shares during the period. Geneos Wealth Management Inc. lifted its stake 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 acquiring an additional 127 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in TE Connectivity during the 2nd quarter worth approximately $34,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of TE Connectivity in the 4th quarter valued at approximately $40,000. Finally, MV Capital Management Inc. purchased a new stake in shares of TE Connectivity in the 4th quarter valued at approximately $41,000. 91.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TEL has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TE Connectivity in a research report on Friday, July 24th. UBS Group reissued a “buy” rating and issued a $241.00 target price on shares of TE Connectivity in a report on Thursday, July 23rd. Wall Street Zen raised TE Connectivity from a “hold” rating to a “buy” rating in a report on Sunday, August 23rd. Barclays increased their price objective on TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 15th. Finally, Evercore reissued an “in-line” rating and set a $230.00 target price on shares of TE Connectivity in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $251.15.

TE Connectivity Price Performance

Shares of NYSE:TEL opened at $204.38 on Friday. The company’s fifty day moving average price is $206.08 and its 200 day moving average price is $209.84. TE Connectivity Ltd. has a 12 month low of $190.27 and a 12 month high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.88 and a quick ratio of 1.23. The firm has a market capitalization of $59.17 billion, a P/E ratio of 20.04, a P/E/G ratio of 1.37 and a beta of 1.16.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.09. The firm had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.01 billion. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. TE Connectivity’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.27 earnings per share. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, sell-side analysts predict that TE Connectivity Ltd. will post 11.48 earnings per share for the current fiscal year.

About TE Connectivity

TE Connectivity Ltd. (NYSE: TEL) designs and manufactures connectivity and sensor products used in transportation, industrial equipment, communications systems, data centers, aerospace and defense, medical technology, energy infrastructure, and consumer applications. Its products help transmit power, data and signals between components and systems.

The company’s product portfolio includes connectors, terminals, relays, sensors, antennas, cable assemblies, circuit-protection devices, heat-shrink products and other components for electronic and electrical systems.