Darwin Wealth Management LLC Boosts Stock Position in TE Connectivity Ltd. $TEL

Darwin Wealth Management LLC boosted its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 31.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,486 shares of the electronics maker’s stock after acquiring an additional 2,768 shares during the quarter. Darwin Wealth Management LLC’s holdings in TE Connectivity were worth $2,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC raised its stake in shares of TE Connectivity by 385.0% during the first quarter. Hsbc Holdings PLC now owns 1,115,692 shares of the electronics maker’s stock worth $232,677,000 after purchasing an additional 885,658 shares during the last quarter. Seelaus Asset Management LLC raised its position in TE Connectivity by 23.8% during the 1st quarter. Seelaus Asset Management LLC now owns 3,637 shares of the electronics maker’s stock worth $760,000 after buying an additional 700 shares during the last quarter. Frank Rimerman Advisors LLC lifted its stake in shares of TE Connectivity by 27.5% in the 1st quarter. Frank Rimerman Advisors LLC now owns 4,849 shares of the electronics maker’s stock worth $1,014,000 after acquiring an additional 1,045 shares during the period. Resonant Capital Advisors LLC increased its stake in shares of TE Connectivity by 3.0% during the first quarter. Resonant Capital Advisors LLC now owns 6,585 shares of the electronics maker’s stock worth $1,376,000 after acquiring an additional 191 shares during the period. Finally, Burney Co. acquired a new stake in TE Connectivity in the first quarter valued at about $515,000. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. UBS Group dropped their price objective on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Jefferies Financial Group raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Truist Financial cut their price target on TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Weiss Ratings upgraded shares of TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen cut TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.92.

TE Connectivity Stock Up 0.4%

Shares of TEL opened at $199.80 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.89 and a debt-to-equity ratio of 0.42. The firm has a market cap of $58.32 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 1.40 and a beta of 1.17. The company’s fifty day moving average is $206.75 and its two-hundred day moving average is $217.05. TE Connectivity Ltd. has a fifty-two week low of $173.54 and a fifty-two week high of $252.56.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, beating the consensus estimate of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.72 billion. During the same period in the previous year, the company posted $2.10 EPS. The company’s revenue was up 14.4% compared to the same quarter last year. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. Analysts forecast that TE Connectivity Ltd. will post 11.31 earnings per share for the current year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a $0.78 dividend. The ex-dividend date is Friday, August 21st. This represents a $3.12 annualized dividend and a dividend yield of 1.6%. TE Connectivity’s dividend payout ratio is 31.87%.

Insider Buying and Selling

In other news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the sale, the insider directly owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

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.