First Horizon Advisors Inc. Purchases 236 Shares of TE Connectivity Ltd. $TEL

First Horizon Advisors Inc. boosted its position in TE Connectivity Ltd. (NYSE:TEL) by 7.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,556 shares of the electronics maker’s stock after purchasing an additional 236 shares during the quarter. First Horizon Advisors Inc.’s holdings in TE Connectivity were worth $600,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity in the 2nd quarter worth about $26,000. Costello Asset Management INC purchased a new stake in TE Connectivity in the first quarter worth about $28,000. Salomon & Ludwin LLC increased its stake in shares of TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 66 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of TE Connectivity during the first quarter valued at approximately $32,000. Finally, Richardson Financial Services Inc. bought a new stake in shares of TE Connectivity in the 2nd quarter worth approximately $33,000. Institutional investors own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In other TE Connectivity 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 value of $6,198,452.33. Following the transaction, the executive vice president directly owned 20,903 shares of the company’s stock, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s 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 SEC filing for this sale provides additional information. Insiders have sold a total of 131,171 shares of company stock worth $31,380,209 in the last ninety days. Insiders own 0.90% of the company’s stock.

TE Connectivity Price Performance

NYSE TEL opened at $242.40 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56. The company has a market capitalization of $71.62 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 2.24 and a beta of 1.27. The stock has a 50-day moving average of $222.03 and a 200 day moving average of $190.78. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter last year, the firm posted $1.95 EPS. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is presently 46.18%.

Wall Street Analyst Weigh In

TEL has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Bank of America raised their price target on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 10th. Evercore ISI upped their price target on shares of TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average target price of $241.58.

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.