Capital International Investors Has $705.84 Million Stake in TE Connectivity Ltd. $TEL

Capital International Investors boosted its position in TE Connectivity Ltd. (NYSE:TEL) by 18.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,100,444 shares of the electronics maker’s stock after purchasing an additional 473,690 shares during the period. Capital International Investors’ holdings in TE Connectivity were worth $705,835,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in TE Connectivity in the fourth quarter valued at $25,000. Caitlin John LLC acquired a new position in TE Connectivity in the third quarter valued at $28,000. Aster Capital Management DIFC Ltd acquired a new position in TE Connectivity in the third quarter valued at $29,000. Geneos Wealth Management Inc. lifted its holdings in TE Connectivity by 189.6% in the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after buying an additional 127 shares during the period. Finally, JFS Wealth Advisors LLC lifted its holdings in TE Connectivity by 54.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock valued at $42,000 after buying an additional 65 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Trading Up 0.0%

NYSE:TEL opened at $212.70 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The firm has a 50-day moving average of $214.26 and a 200-day moving average of $221.20. The company has a market cap of $62.09 billion, a PE ratio of 21.73, a PEG ratio of 1.51 and a beta of 1.16. TE Connectivity Ltd. has a one year low of $162.17 and a one year high of $252.56.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping the consensus estimate of $2.70 by $0.03. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, equities research analysts expect that TE Connectivity Ltd. will post 11.28 EPS for the current fiscal year.

TE Connectivity Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. TE Connectivity’s payout ratio is presently 31.87%.

TE Connectivity announced that its board has approved a stock repurchase program on Wednesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the electronics maker to repurchase up to 5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Oppenheimer upped their price objective on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Wall Street Zen lowered shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Barclays dropped their price objective on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. HSBC lowered shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price objective on the stock. in a report on Thursday, April 23rd. Finally, Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, TE Connectivity presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.57.

Insider Activity at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the sale, the insider directly owned 25,976 shares of the company’s stock, valued at $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,200 shares of company stock worth $6,140,644 over the last ninety days. Insiders own 0.60% of the company’s stock.

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.