Czech National Bank Buys 2,560 Shares of TE Connectivity Ltd. $TEL

Czech National Bank lifted its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 3.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 75,046 shares of the electronics maker’s stock after buying an additional 2,560 shares during the quarter. Czech National Bank’s holdings in TE Connectivity were worth $16,475,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. McLean Asset Management Corp acquired a new stake in TE Connectivity during the third quarter worth approximately $237,000. Renaissance Investment Group LLC increased its stake in shares of TE Connectivity by 0.4% during the third quarter. Renaissance Investment Group LLC now owns 61,033 shares of the electronics maker’s stock worth $13,399,000 after purchasing an additional 217 shares during the period. Gradient Investments LLC boosted its stake in TE Connectivity by 51.4% in the 3rd quarter. Gradient Investments LLC now owns 6,426 shares of the electronics maker’s stock valued at $1,411,000 after purchasing an additional 2,181 shares during the period. Heartwood Wealth Advisors LLC acquired a new position in TE Connectivity in the 3rd quarter valued at $228,000. Finally, Nilsine Partners LLC bought a new position in TE Connectivity during the 3rd quarter worth $205,000. 91.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. TD Cowen boosted their price objective on shares of TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a report on Monday, November 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. Truist Financial cut their price target on TE Connectivity from $255.00 to $239.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Finally, Citigroup raised their price objective on TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, TE Connectivity has an average rating of “Moderate Buy” and an average price target of $244.77.

Insider Buying and Selling

In other TE Connectivity 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 owned 45,503 shares in the company, valued at $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP John S. Jenkins sold 25,021 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.90% of the company’s stock.

TE Connectivity Stock Up 1.4%

Shares of TEL opened at $225.91 on Friday. The firm has a 50 day simple moving average of $232.39 and a two-hundred day simple moving average of $207.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a market cap of $66.46 billion, a P/E ratio of 36.73, a P/E/G ratio of 1.71 and a beta of 1.25.

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

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio is 46.18%.

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.