Diversify Wealth Management LLC Makes New Investment in TE Connectivity Ltd. $TEL

Diversify Wealth Management LLC purchased a new stake in TE Connectivity Ltd. (NYSE:TEL) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,515 shares of the electronics maker’s stock, valued at approximately $516,000.

A number of other institutional investors have also recently bought and sold shares of the business. Man Group plc lifted its stake in shares of TE Connectivity by 259.9% in the 4th quarter. Man Group plc now owns 1,252,434 shares of the electronics maker’s stock valued at $284,941,000 after acquiring an additional 904,468 shares during the last quarter. Jefferies Financial Group Inc. grew its position in shares of TE Connectivity by 575.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 36,496 shares of the electronics maker’s stock valued at $8,303,000 after acquiring an additional 31,096 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of TE Connectivity in the fourth quarter valued at approximately $1,983,000. Swedbank AB increased its position in shares of TE Connectivity by 8.1% during the fourth quarter. Swedbank AB now owns 84,831 shares of the electronics maker’s stock valued at $19,300,000 after buying an additional 6,385 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of TE Connectivity by 2,766.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 277,270 shares of the electronics maker’s stock worth $63,082,000 after purchasing an additional 267,598 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TEL. Jefferies Financial Group raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Evercore reaffirmed an “in-line” rating and set a $230.00 price target on shares of TE Connectivity in a research report on Monday, June 22nd. Wells Fargo & Company increased their target price on shares of TE Connectivity from $226.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. The Goldman Sachs Group set a $286.00 target price on TE Connectivity in a research report on Wednesday, April 22nd. Finally, Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $255.31.

Insider Buying and Selling at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $215.00, for a total value of $2,021,000.00. Following the transaction, the insider owned 25,976 shares in the company, valued at approximately $5,584,840. This represents a 26.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

TE Connectivity Stock Performance

Shares of TE Connectivity stock opened at $203.22 on Friday. The firm has a market capitalization of $59.32 billion, a P/E ratio of 20.76, a PEG ratio of 1.42 and a beta of 1.17. The company has a 50 day moving average price of $205.86 and a 200 day moving average price of $215.96. TE Connectivity Ltd. has a 52 week low of $177.21 and a 52 week high of $252.56. The company has a quick ratio of 1.20, a current ratio of 1.89 and a debt-to-equity ratio of 0.42.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results 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. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.72 billion. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.TE Connectivity’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. Sell-side analysts expect that TE Connectivity Ltd. will post 11.31 EPS for the current year.

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a $0.78 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.12 annualized dividend and a yield of 1.5%. TE Connectivity’s dividend payout ratio (DPR) is 31.87%.

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.