TE Connectivity Ltd. $TEL Stake Cut by Capital Fund Management S.A.

Capital Fund Management S.A. lessened its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 93.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,780 shares of the electronics maker’s stock after selling 178,028 shares during the quarter. Capital Fund Management S.A.’s holdings in TE Connectivity were worth $1,987,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fidelis Capital Partners LLC grew its position in TE Connectivity by 1.6% during the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after purchasing an additional 52 shares in the last quarter. Rossby Financial LCC boosted its stake in shares of TE Connectivity by 6.0% during the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock valued at $169,000 after buying an additional 57 shares during the period. Premier Path Wealth Partners LLC grew its holdings in shares of TE Connectivity by 2.8% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after acquiring an additional 57 shares in the last quarter. Personal CFO Solutions LLC increased its stake in shares of TE Connectivity by 3.0% in the second quarter. Personal CFO Solutions LLC now owns 2,117 shares of the electronics maker’s stock worth $357,000 after acquiring an additional 61 shares during the last quarter. Finally, Martingale Asset Management L P boosted its position in TE Connectivity by 3.6% during the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock valued at $255,000 after purchasing an additional 63 shares during the last quarter. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $231.17 on Thursday. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $229.63 and a 200-day simple moving average of $201.96. The stock has a market capitalization of $68.01 billion, a price-to-earnings ratio of 37.59, a PEG ratio of 1.73 and a beta of 1.25. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. The business had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. TE Connectivity’s revenue was up 16.7% compared to the same quarter last year. During the same period last year, the business posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s payout ratio is currently 46.18%.

Insider Activity at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following the sale, the executive vice president owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the completion of the transaction, the chief financial officer directly owned 45,503 shares in the company, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TEL has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Cowen reissued a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. Barclays raised their price target on shares of TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Finally, TD Cowen upped their price objective on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $244.46.

About TE Connectivity

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.