TE Connectivity Ltd. (NYSE:TEL) SVP Mario Calastri sold 8,539 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $93.27, for a total transaction of $796,432.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of TE Connectivity Ltd. (NYSE:TEL) traded up $0.24 during mid-day trading on Tuesday, hitting $92.97. 1,343,572 shares of the stock were exchanged, compared to its average volume of 1,160,000. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.54. The company has a market capitalization of $32,750.00, a price-to-earnings ratio of 19.20, a PEG ratio of 1.79 and a beta of 1.06. TE Connectivity Ltd. has a twelve month low of $63.32 and a twelve month high of $93.68.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data on Wednesday, November 1st. The electronics maker reported $1.25 EPS for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.09. The business had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.28 billion. TE Connectivity had a net margin of 12.84% and a return on equity of 18.97%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.22 earnings per share. equities analysts predict that TE Connectivity Ltd. will post 5.27 EPS for the current year.

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Several hedge funds have recently made changes to their positions in TEL. First Eagle Investment Management LLC lifted its position in shares of TE Connectivity by 112,210.6% in the second quarter. First Eagle Investment Management LLC now owns 1,684,659 shares of the electronics maker’s stock worth $132,549,000 after purchasing an additional 1,683,159 shares in the last quarter. PNC Financial Services Group Inc. raised its position in TE Connectivity by 499.5% during the second quarter. PNC Financial Services Group Inc. now owns 1,386,610 shares of the electronics maker’s stock worth $109,098,000 after acquiring an additional 1,155,316 shares in the last quarter. Boston Partners raised its position in TE Connectivity by 8.1% during the third quarter. Boston Partners now owns 12,428,336 shares of the electronics maker’s stock worth $1,032,298,000 after acquiring an additional 934,796 shares in the last quarter. Koch Industries Inc. bought a new stake in TE Connectivity during the second quarter worth $523,000. Finally, Vanguard Group Inc. raised its position in TE Connectivity by 2.3% during the second quarter. Vanguard Group Inc. now owns 23,312,100 shares of the electronics maker’s stock worth $1,834,196,000 after acquiring an additional 521,884 shares in the last quarter. 90.12% of the stock is currently owned by institutional investors and hedge funds.

TEL has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of TE Connectivity from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a report on Monday, September 18th. BidaskClub cut shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Cowen and Company reiterated a “buy” rating and issued a $95.00 price target on shares of TE Connectivity in a report on Thursday, August 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $87.00 price target on shares of TE Connectivity in a report on Tuesday, October 17th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $95.00 price target (up previously from $90.00) on shares of TE Connectivity in a report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $93.50.

About TE Connectivity

TE Connectivity Ltd. is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates through three segments: Transportation Solutions, Industrial Solutions and Communications Solutions. The Transportation Solutions segment offers connectivity and sensor technologies.

Insider Buying and Selling by Quarter for TE Connectivity (NYSE:TEL)

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