TE Connectivity Ltd. $TEL Stock Holdings Lowered by Bridges Investment Management Inc.

Bridges Investment Management Inc. cut its position in TE Connectivity Ltd. (NYSE:TEL) by 28.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,560 shares of the electronics maker’s stock after selling 3,350 shares during the quarter. Bridges Investment Management Inc.’s holdings in TE Connectivity were worth $1,879,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of TE Connectivity by 11.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,418 shares of the electronics maker’s stock worth $7,078,000 after purchasing an additional 4,310 shares during the last quarter. Nordea Investment Management AB boosted its holdings in TE Connectivity by 54.4% in the second quarter. Nordea Investment Management AB now owns 1,605,782 shares of the electronics maker’s stock worth $269,723,000 after purchasing an additional 565,857 shares in the last quarter. Vanguard Group Inc. increased its position in TE Connectivity by 1.1% during the second quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after buying an additional 410,910 shares during the last quarter. J. Safra Sarasin Holding AG raised its holdings in TE Connectivity by 132.5% during the third quarter. J. Safra Sarasin Holding AG now owns 13,446 shares of the electronics maker’s stock valued at $2,952,000 after buying an additional 7,664 shares in the last quarter. Finally, PFG Investments LLC acquired a new stake in shares of TE Connectivity in the second quarter worth about $274,000. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Price Performance

Shares of TEL stock opened at $226.70 on Tuesday. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67. The company has a market capitalization of $66.52 billion, a P/E ratio of 32.71, a P/E/G ratio of 1.70 and a beta of 1.24. The stock has a 50 day moving average of $230.92 and a two-hundred day moving average of $221.91. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same period in the prior year, the company posted $1.95 earnings per share. TE Connectivity’s revenue was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, equities analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be paid a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

Wall Street Analysts Forecast Growth

TEL has been the subject of several analyst reports. Truist Financial boosted their target price on TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Weiss Ratings downgraded shares of TE Connectivity from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 23rd. Barclays boosted their target price on shares of TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Finally, The Goldman Sachs Group set a $306.00 price objective on TE Connectivity in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus target price of $250.86.

TE Connectivity Profile

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.