MQS Management LLC Buys Shares of 3,258 TE Connectivity Ltd. $TEL

MQS Management LLC purchased a new stake in shares of TE Connectivity Ltd. (NYSE:TEL) in the third quarter, HoldingsChannel.com reports. The fund purchased 3,258 shares of the electronics maker’s stock, valued at approximately $715,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in TE Connectivity during the fourth quarter worth $820,000. Sivia Capital Partners LLC increased its position in shares of TE Connectivity by 66.7% in the second quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock valued at $425,000 after buying an additional 1,007 shares in the last quarter. Blue Trust Inc. raised its stake in shares of TE Connectivity by 87.9% during the 2nd quarter. Blue Trust Inc. now owns 2,050 shares of the electronics maker’s stock worth $346,000 after buying an additional 959 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of TE Connectivity by 46.2% in the 2nd quarter. Apollon Wealth Management LLC now owns 7,732 shares of the electronics maker’s stock worth $1,304,000 after buying an additional 2,442 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in TE Connectivity by 15.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,339 shares of the electronics maker’s stock valued at $395,000 after acquiring an additional 308 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Down 0.3%

Shares of NYSE TEL opened at $225.83 on Wednesday. The firm has a market cap of $66.27 billion, a P/E ratio of 32.59, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The firm’s 50 day moving average price is $230.26 and its 200 day moving average price is $223.07.

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

TE Connectivity Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. upped their target price on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Citigroup increased their target price on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $250.86.

Insider Activity at TE Connectivity

In other news, EVP John S. Jenkins sold 6,155 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the transaction, the executive vice president directly owned 21,810 shares in the company, valued at $4,859,486.10. This represents a 22.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Company 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.