TE Connectivity Ltd. $TEL Shares Purchased by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. increased its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 26.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 861,281 shares of the electronics maker’s stock after purchasing an additional 180,733 shares during the period. Bahl & Gaynor Inc.’s holdings in TE Connectivity were worth $189,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Caitlin John LLC purchased a new stake in TE Connectivity during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of TE Connectivity during the 3rd quarter worth approximately $29,000. SOA Wealth Advisors LLC. grew its position in shares of TE Connectivity by 47.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after buying an additional 54 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in TE Connectivity during the 3rd quarter worth $39,000. Finally, Neo Ivy Capital Management purchased a new stake in TE Connectivity in the second quarter valued at $30,000. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Stock Down 2.6%

Shares of TE Connectivity stock opened at $229.68 on Monday. 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 $67.39 billion, a P/E ratio of 33.14, a PEG 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 fifty day moving average of $230.69 and a two-hundred day moving average of $225.86.

TE Connectivity (NYSE:TEL) last issued its 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 business had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.95 earnings per share. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

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

Insider Activity

In other news, SVP Reuben M. Shaffer sold 1,425 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, 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 in the company, valued at $4,859,486.10. This represents a 22.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,545 shares of company stock valued at $5,436,928 in the last three months. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TEL. The Goldman Sachs Group set a $306.00 target price on TE Connectivity in a research report on Wednesday, January 21st. TD Cowen reiterated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. UBS Group increased their price target on shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Barclays lifted their price objective on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. One equities research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $251.93.

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.