Investors Purchase High Volume of TE Connectivity Put Options (NYSE:TEL)

TE Connectivity Ltd. (NYSE:TEL) was the recipient of some unusual options trading on Wednesday. Stock investors bought 4,136 put options on the company. This represents an increase of approximately 132% compared to the average volume of 1,783 put options.

Analyst Upgrades and Downgrades

Several 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 Wednesday, January 28th. Wells Fargo & Company increased their target price on TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Barclays boosted their price target on TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. UBS Group lifted their target price on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, Truist Financial boosted their target price on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

Insiders Place Their Bets

In related news, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.82, for a total transaction of $2,197,908.00. Following the completion of the sale, the insider owned 32,541 shares in the company, valued at approximately $7,608,736.62. The trade was a 22.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 23,545 shares of company stock valued at $5,436,928 in the last three months. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On TE Connectivity

A number of hedge funds have recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC raised its holdings in shares of TE Connectivity by 11.8% during the third quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock worth $89,000 after acquiring an additional 43 shares in the last quarter. Gulf International Bank UK Ltd increased its position in TE Connectivity by 0.3% in the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock worth $3,412,000 after purchasing an additional 44 shares during the last quarter. MCF Advisors LLC lifted its holdings in shares of TE Connectivity by 14.1% during the 4th quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after buying an additional 45 shares during the last quarter. Webster Bank N. A. lifted its holdings in shares of TE Connectivity by 19.1% during the 4th quarter. Webster Bank N. A. now owns 287 shares of the electronics maker’s stock valued at $65,000 after buying an additional 46 shares during the last quarter. Finally, CYBER HORNET ETFs LLC grew its stake in shares of TE Connectivity by 5.6% in the 4th quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock valued at $202,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of TEL opened at $236.10 on Friday. The stock has a market cap of $69.28 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.85 and a beta of 1.24. The business’s fifty day moving average is $230.70 and its 200 day moving average is $225.36. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $250.67.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the previous year, the firm posted $1.95 EPS. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Sell-side analysts anticipate that TE Connectivity will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

TE Connectivity Company Profile

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.