Midwestern Financial LLC IA Takes $391,000 Position in TE Connectivity Ltd. $TEL

Midwestern Financial LLC IA acquired a new position in TE Connectivity Ltd. (NYSE:TEL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,318 shares of the electronics maker’s stock, valued at approximately $391,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TEL. Brighton Jones LLC bought a new stake in TE Connectivity during the fourth quarter valued at about $820,000. Townsquare Capital LLC grew its holdings in TE Connectivity by 117.4% in the 1st quarter. Townsquare Capital LLC now owns 4,364 shares of the electronics maker’s stock valued at $617,000 after buying an additional 2,357 shares during the last quarter. Public Sector Pension Investment Board increased its position in TE Connectivity by 8.2% in the 1st quarter. Public Sector Pension Investment Board now owns 46,214 shares of the electronics maker’s stock worth $6,531,000 after buying an additional 3,515 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of TE Connectivity by 109.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 494 shares of the electronics maker’s stock worth $70,000 after buying an additional 258 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in shares of TE Connectivity during the first quarter worth approximately $263,000. 91.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial dropped their target price on shares of TE Connectivity from $255.00 to $239.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. The Goldman Sachs Group boosted their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a report on Monday, September 29th. TD Cowen upped their price objective on shares of TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Barclays lifted their target price on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Finally, Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $244.77.

TE Connectivity Stock Down 5.7%

NYSE TEL opened at $230.25 on Friday. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The company has a market capitalization of $67.74 billion, a price-to-earnings ratio of 37.44, a PEG ratio of 1.77 and a beta of 1.25. The stock’s 50 day moving average is $232.11 and its two-hundred day moving average is $205.71. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38.

TE Connectivity (NYSE:TEL) last posted 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. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter last year, the company earned $1.95 EPS. TE Connectivity’s revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Equities analysts forecast that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 25,021 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Heath A. Mitts sold 82,300 shares of TE Connectivity stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.90% of the company’s stock.

About TE Connectivity

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.