TE Connectivity Ltd. $TEL Stock Holdings Trimmed by Curated Wealth Partners LLC

Curated Wealth Partners LLC reduced its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 99.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,853 shares of the electronics maker’s stock after selling 1,824,699 shares during the quarter. Curated Wealth Partners LLC’s holdings in TE Connectivity were worth $602,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. State Street Corp lifted its stake in TE Connectivity by 5.7% during the second quarter. State Street Corp now owns 13,639,381 shares of the electronics maker’s stock worth $2,750,079,000 after purchasing an additional 730,084 shares during the last quarter. Wellington Management Group LLP boosted its stake in TE Connectivity by 48.2% in the second quarter. Wellington Management Group LLP now owns 7,709,235 shares of the electronics maker’s stock valued at $1,554,259,000 after acquiring an additional 2,507,569 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of TE Connectivity by 3.5% during the second quarter. Baird Financial Group Inc. now owns 3,237,914 shares of the electronics maker’s stock worth $652,796,000 after purchasing an additional 109,020 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of TE Connectivity by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,958,535 shares of the electronics maker’s stock worth $618,121,000 after purchasing an additional 118,284 shares during the last quarter. Finally, Amundi increased its position in shares of TE Connectivity by 37.2% during the first quarter. Amundi now owns 2,256,878 shares of the electronics maker’s stock worth $471,733,000 after purchasing an additional 612,180 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of NYSE:TEL opened at $212.19 on Friday. The business’s 50 day simple moving average is $210.28 and its 200-day simple moving average is $210.32. The firm has a market capitalization of $61.43 billion, a price-to-earnings ratio of 19.67, a price-to-earnings-growth ratio of 1.25 and a beta of 1.14. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.88 and a quick ratio of 1.23. TE Connectivity Ltd. has a 12 month low of $190.27 and a 12 month high of $252.56.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.09. The firm had revenue of $5.16 billion during 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%. TE Connectivity’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, equities analysts forecast that TE Connectivity Ltd. will post 11.49 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Friday, November 20th will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, November 20th. TE Connectivity’s payout ratio is currently 30.59%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TEL shares. JPMorgan Chase & Co. dropped their price target on TE Connectivity from $260.00 to $235.00 and set a “neutral” rating on the stock in a research note on Thursday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of TE Connectivity in a research report on Friday, July 24th. The Goldman Sachs Group raised their price objective on shares of TE Connectivity from $284.00 to $288.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Robert W. Baird lifted their price objective on shares of TE Connectivity from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. Finally, Citigroup lowered their target price on TE Connectivity from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Eleven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average target price of $258.07.

About TE Connectivity

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products include connectors, terminals, relays, sensors, switches, circuit-protection devices, antennas and related components used to transmit power, data and signals reliably in demanding environments.

The company serves customers across the automotive, commercial transportation, industrial, aerospace and defense, medical, energy, data communications and consumer-device markets.