Allianz SE Boosts Stock Position in TE Connectivity Ltd. $TEL

Allianz SE lifted its stake in TE Connectivity Ltd. (NYSE:TEL) by 69.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,344 shares of the electronics maker’s stock after purchasing an additional 7,522 shares during the quarter. Allianz SE’s holdings in TE Connectivity were worth $4,027,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new position in shares of TE Connectivity during the 3rd quarter worth $29,000. Neo Ivy Capital Management acquired a new stake in TE Connectivity during the second quarter worth about $30,000. Caldwell Trust Co purchased a new position in TE Connectivity during the second quarter worth about $31,000. Geneos Wealth Management Inc. boosted its holdings in TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Finally, Avalon Trust Co increased its holdings in shares of TE Connectivity by 146.7% during the 2nd quarter. Avalon Trust Co now owns 222 shares of the electronics maker’s stock worth $37,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction that occurred 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 $7,608,736.62. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 23,545 shares of company stock valued at $5,436,928. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Stock Performance

Shares of TE Connectivity stock opened at $229.68 on Friday. The business has a 50-day simple moving average of $230.69 and a 200-day simple moving average of $225.57. The company has a market cap of $67.39 billion, a PE ratio of 33.14, a P/E/G ratio of 1.80 and a beta of 1.24. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, topping the consensus estimate of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same quarter in the previous year, the business posted $1.95 EPS. The firm’s revenue was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, equities research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

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

Wall Street Analyst Weigh In

TEL has been the topic of a number of recent analyst reports. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Weiss Ratings raised TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. Oppenheimer boosted their price objective on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Finally, Barclays increased their target price on shares of TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $251.93.

About TE Connectivity

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.