TE Connectivity Ltd. $TEL Stake Raised by Brown Advisory Inc.

Brown Advisory Inc. grew its holdings in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,574 shares of the electronics maker’s stock after purchasing an additional 2,128 shares during the period. Brown Advisory Inc.’s holdings in TE Connectivity were worth $3,302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Fidelis Capital Partners LLC lifted its stake in TE Connectivity by 1.6% during the second quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock valued at $565,000 after purchasing an additional 52 shares during the last quarter. Rossby Financial LCC increased its holdings in shares of TE Connectivity by 6.0% in the second quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock valued at $169,000 after buying an additional 57 shares in the last quarter. Premier Path Wealth Partners LLC lifted its position in shares of TE Connectivity by 2.8% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,061 shares of the electronics maker’s stock valued at $348,000 after acquiring an additional 57 shares during the last quarter. Personal CFO Solutions LLC grew its holdings in shares of TE Connectivity by 3.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 2,117 shares of the electronics maker’s stock worth $357,000 after acquiring an additional 61 shares during the last quarter. Finally, Martingale Asset Management L P grew its holdings in shares of TE Connectivity by 3.6% in the 1st quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker’s stock worth $255,000 after acquiring an additional 63 shares during the last quarter. 91.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TEL has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price target on TE Connectivity from $241.00 to $245.00 and gave the company an “equal weight” rating in a research report on Tuesday. The Goldman Sachs Group upped their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Citigroup lifted their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Finally, Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $244.77.

Get Our Latest Analysis on TE Connectivity

TE Connectivity Stock Up 1.0%

TE Connectivity stock opened at $236.22 on Wednesday. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $250.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56. The firm has a market cap of $69.49 billion, a PE ratio of 38.41, a P/E/G ratio of 1.80 and a beta of 1.25. The firm’s 50 day moving average price is $231.01 and its two-hundred day moving average price is $204.34.

TE Connectivity (NYSE:TELGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating the consensus estimate of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.57 billion. During the same period in the previous year, the company posted $1.95 EPS. TE Connectivity’s revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

Insider Activity

In other news, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, the executive vice president directly owned 20,903 shares of the company’s stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity Company Profile

(Free Report)

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

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Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

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