111 Capital Has $1.31 Million Stock Holdings in TE Connectivity Ltd. $TEL

111 Capital decreased its position in TE Connectivity Ltd. (NYSE:TEL) by 34.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 5,950 shares of the electronics maker’s stock after selling 3,174 shares during the quarter. 111 Capital’s holdings in TE Connectivity were worth $1,306,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Elo Mutual Pension Insurance Co boosted its holdings in TE Connectivity by 28.2% during the third quarter. Elo Mutual Pension Insurance Co now owns 31,200 shares of the electronics maker’s stock worth $6,849,000 after purchasing an additional 6,861 shares during the last quarter. WASHINGTON TRUST Co lifted its position in TE Connectivity by 9.1% during the 3rd quarter. WASHINGTON TRUST Co now owns 55,803 shares of the electronics maker’s stock worth $12,250,000 after buying an additional 4,676 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new position in shares of TE Connectivity during the 3rd quarter worth about $436,000. Bahl & Gaynor Inc. grew its holdings in shares of TE Connectivity by 26.6% in the 3rd quarter. Bahl & Gaynor Inc. now owns 861,281 shares of the electronics maker’s stock valued at $189,077,000 after acquiring an additional 180,733 shares in the last quarter. Finally, Aprio Wealth Management LLC acquired a new stake in shares of TE Connectivity in the third quarter valued at about $242,000. 91.43% of the stock is owned by institutional investors.

Insider Activity at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 21,810 shares of the company’s stock, valued at $4,859,486.10. This represents a 22.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Shadrak W. Kroeger sold 6,565 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.64, for a total value of $1,533,846.60. Following the transaction, the insider owned 25,976 shares in the company, valued at $6,069,032.64. The trade was a 20.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,545 shares of company stock worth $5,436,928 in the last ninety days. 0.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price target on TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Barclays increased their price objective on TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Truist Financial boosted their target price on shares of TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. UBS Group increased their price target on shares of TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, TD Cowen reissued a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

TE Connectivity Stock Performance

NYSE TEL opened at $229.68 on Monday. The stock has a market cap of $67.39 billion, a PE ratio of 33.14, a P/E/G ratio of 1.75 and a beta of 1.23. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a 50-day moving average of $230.69 and a 200-day moving average of $225.86. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67.

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

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be issued 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%.

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.