Quotient Wealth Partners LLC Lowers Stake in TE Connectivity Ltd. $TEL

Quotient Wealth Partners LLC lowered its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 9.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,029 shares of the electronics maker’s stock after selling 220 shares during the period. Quotient Wealth Partners LLC’s holdings in TE Connectivity were worth $342,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in TE Connectivity by 17.0% during the first quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker’s stock valued at $5,353,401,000 after purchasing an additional 5,502,415 shares in the last quarter. Dodge & Cox lifted its holdings in TE Connectivity by 0.4% during the first quarter. Dodge & Cox now owns 16,022,480 shares of the electronics maker’s stock valued at $2,264,297,000 after purchasing an additional 56,871 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of TE Connectivity by 17.2% in the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock worth $1,054,133,000 after buying an additional 1,097,035 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of TE Connectivity by 17.1% in the first quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker’s stock worth $927,571,000 after buying an additional 960,276 shares in the last quarter. Finally, EdgePoint Investment Group Inc. lifted its holdings in shares of TE Connectivity by 5.8% in the first quarter. EdgePoint Investment Group Inc. now owns 4,108,472 shares of the electronics maker’s stock worth $580,609,000 after buying an additional 224,422 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Trading Down 0.4%

Shares of TEL opened at $223.33 on Friday. The company’s fifty day moving average is $212.45 and its 200 day moving average is $180.01. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $226.50. The stock has a market capitalization of $65.99 billion, a PE ratio of 46.24, a P/E/G ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the business posted $1.91 earnings per share. TE Connectivity’s quarterly revenue was up 13.9% on a year-over-year basis. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be given a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s payout ratio is 58.80%.

Insider Activity

In other TE Connectivity news, EVP John S. Jenkins sold 45,850 shares of the business’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the transaction, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. The trade was a 65.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Aaron Kyle Stucki sold 52,900 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the transaction, the insider owned 23,667 shares in the company, valued at $4,562,524.26. This trade represents a 69.09% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 124,545 shares of company stock worth $25,040,158. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

TEL has been the topic of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. Barclays initiated coverage on shares of TE Connectivity in a report on Tuesday, October 7th. They issued an “overweight” rating and a $249.00 target price on the stock. Evercore ISI boosted their target price on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. UBS Group boosted their target price on shares of TE Connectivity from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $219.92.

TE Connectivity Profile

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.