Creative Planning Has $8.23 Million Holdings in TE Connectivity Ltd. $TEL

Creative Planning grew its holdings in TE Connectivity Ltd. (NYSE:TEL) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,804 shares of the electronics maker’s stock after purchasing an additional 1,165 shares during the period. Creative Planning’s holdings in TE Connectivity were worth $8,232,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Princeton Global Asset Management LLC acquired a new position in TE Connectivity in the 2nd quarter valued at approximately $26,000. Costello Asset Management INC purchased a new position in shares of TE Connectivity during the 1st quarter valued at $28,000. Salomon & Ludwin LLC increased its stake in shares of TE Connectivity by 58.9% in the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 66 shares during the last quarter. Richardson Financial Services Inc. purchased a new stake in shares of TE Connectivity during the second quarter worth $33,000. Finally, Kelly Lawrence W & Associates Inc. CA purchased a new position in TE Connectivity in the first quarter valued at about $34,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $233.11 on Thursday. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $227.83 and a 200-day simple moving average of $197.27. The stock has a market capitalization of $68.58 billion, a price-to-earnings ratio of 37.90, a PEG ratio of 2.24 and a beta of 1.27. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67.

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

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 21st will be given 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 payout ratio is currently 46.18%.

Insider Activity at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the sale, the insider owned 25,976 shares of the company’s stock, valued at $5,272,868.24. This trade represents a 47.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 20,903 shares in the company, valued at approximately $5,178,300.19. This represents a 54.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 131,171 shares of company stock worth $31,380,209 in the last 90 days. 0.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

TEL has been the subject of several research reports. Barclays lifted their price target on TE Connectivity from $249.00 to $277.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Citigroup boosted their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Truist Financial raised their price target on shares of TE Connectivity from $200.00 to $255.00 and gave the company a “hold” rating in a report on Thursday, October 30th. Finally, Cowen reiterated a “buy” rating on shares of TE Connectivity in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $244.15.

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.