TE Connectivity Ltd. (NYSE:TEL) SVP Eric Resch sold 48,950 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $93.75, for a total value of $4,589,062.50. Following the completion of the sale, the senior vice president now owns 78,129 shares in the company, valued at $7,324,593.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of TE Connectivity Ltd. (TEL) traded up $2.38 during trading hours on Friday, reaching $95.15. The company’s stock had a trading volume of 1,891,200 shares, compared to its average volume of 1,417,855. The firm has a market capitalization of $33,410.00, a price-to-earnings ratio of 19.21, a PEG ratio of 1.79 and a beta of 1.06. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.54 and a quick ratio of 1.07. TE Connectivity Ltd. has a 12 month low of $66.14 and a 12 month high of $95.36.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 24th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.68%. TE Connectivity’s dividend payout ratio (DPR) is currently 34.19%.

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TEL has been the topic of several recent research reports. SunTrust Banks, Inc. upped their price objective on TE Connectivity to $90.00 and gave the company a “hold” rating in a research report on Thursday, November 2nd. They noted that the move was a valuation call. Zacks Investment Research upgraded TE Connectivity from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a research report on Monday, September 4th. Stifel Nicolaus restated a “buy” rating and issued a $87.00 price objective on shares of TE Connectivity in a research report on Tuesday, October 17th. Royal Bank Of Canada restated a “buy” rating and issued a $95.00 price objective (up from $90.00) on shares of TE Connectivity in a research report on Monday, October 30th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $89.00 target price on shares of TE Connectivity in a research report on Wednesday, September 20th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $150.00.

Several hedge funds have recently bought and sold shares of TEL. Duncker Streett & Co. Inc. grew its stake in shares of TE Connectivity by 17.8% in the second quarter. Duncker Streett & Co. Inc. now owns 1,325 shares of the electronics maker’s stock valued at $104,000 after buying an additional 200 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of TE Connectivity by 38.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,379 shares of the electronics maker’s stock valued at $109,000 after buying an additional 384 shares in the last quarter. AllSquare Wealth Management LLC purchased a new position in TE Connectivity in the third quarter valued at about $113,000. Acrospire Investment Management LLC purchased a new position in TE Connectivity in the second quarter valued at about $126,000. Finally, Harfst & Associates Inc. boosted its holdings in TE Connectivity by 46.2% in the second quarter. Harfst & Associates Inc. now owns 1,722 shares of the electronics maker’s stock valued at $135,000 after purchasing an additional 544 shares during the last quarter. Institutional investors and hedge funds own 90.07% of the company’s stock.

TE Connectivity Company Profile

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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