SeaBridge Investment Advisors LLC Buys 9,862 Shares of TE Connectivity Ltd. $TEL

SeaBridge Investment Advisors LLC raised its stake in TE Connectivity Ltd. (NYSE:TEL) by 118.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,217 shares of the electronics maker’s stock after acquiring an additional 9,862 shares during the period. SeaBridge Investment Advisors LLC’s holdings in TE Connectivity were worth $3,999,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of TEL. Norges Bank purchased a new position in shares of TE Connectivity during the second quarter valued at about $609,158,000. Valeo Financial Advisors LLC boosted its stake in TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock valued at $299,490,000 after buying an additional 1,771,153 shares during the last quarter. Bank of America Corp DE boosted its stake in TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock valued at $1,058,390,000 after buying an additional 1,352,152 shares during the last quarter. Dodge & Cox grew its holdings in TE Connectivity by 6.3% during the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after buying an additional 1,017,323 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in TE Connectivity by 21.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,136,447 shares of the electronics maker’s stock worth $697,694,000 after acquiring an additional 739,453 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TEL shares. The Goldman Sachs Group increased their target price on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Evercore ISI upped their price target on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. increased their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, UBS Group upped their target price on shares of TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.85.

Insider Activity at TE Connectivity

In other TE Connectivity news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the transaction, the chief financial officer owned 45,503 shares in the company, valued at $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John S. Jenkins sold 25,021 shares of the 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 sale, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by insiders.

TE Connectivity Stock Down 0.1%

NYSE TEL opened at $231.14 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $250.67. The firm has a market capitalization of $68.00 billion, a price-to-earnings ratio of 37.58, a PEG ratio of 1.78 and a beta of 1.24. The company has a fifty day moving average of $233.46 and a two-hundred day moving average of $214.00.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.15. The business 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 revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be paid a $0.71 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.2%. TE Connectivity’s dividend payout ratio (DPR) is presently 46.18%.

About TE Connectivity

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.