Ameriprise Financial Inc. Raises Position in TE Connectivity Ltd. $TEL

Ameriprise Financial Inc. raised its stake in TE Connectivity Ltd. (NYSE:TEL) by 7.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,028,380 shares of the electronics maker’s stock after purchasing an additional 464,853 shares during the period. Ameriprise Financial Inc.’s holdings in TE Connectivity were worth $1,185,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TEL shares. Evercore ISI lifted their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. raised their target price on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Citigroup increased their target price on TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. UBS Group lifted their price target on shares of TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Truist Financial reduced their price objective on TE Connectivity from $255.00 to $239.00 and set a “hold” rating for the company in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $244.77.

Insider Activity at TE Connectivity

In related news, CFO Heath A. Mitts sold 82,300 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction 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 completion of the transaction, the executive vice president directly owned 20,903 shares in the company, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by company insiders.

TE Connectivity Stock Performance

TE Connectivity stock opened at $230.25 on Friday. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The company has a market capitalization of $67.74 billion, a price-to-earnings ratio of 37.44, a PEG ratio of 1.88 and a beta of 1.25. The stock has a fifty day moving average of $232.11 and a two-hundred day moving average of $205.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 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 return on equity of 21.18% and a net margin of 10.67%.The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Profile

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.