SG Americas Securities LLC Has $2.61 Million Stock Holdings in TE Connectivity Ltd. $TEL

SG Americas Securities LLC decreased its position in TE Connectivity Ltd. (NYSE:TEL) by 82.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,877 shares of the electronics maker’s stock after selling 53,998 shares during the quarter. SG Americas Securities LLC’s holdings in TE Connectivity were worth $2,607,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TEL. Vanguard Group Inc. grew its stake 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. Dodge & Cox boosted its holdings in shares of TE Connectivity by 6.3% in the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after acquiring an additional 1,017,323 shares in the last quarter. State Street Corp grew its position in TE Connectivity by 0.8% during the 2nd quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock worth $2,180,693,000 after acquiring an additional 100,040 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in TE Connectivity by 7.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock valued at $1,185,474,000 after purchasing an additional 464,853 shares in the last quarter. Finally, Bank of America Corp DE raised its position in TE Connectivity by 27.5% in the 2nd 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 purchasing an additional 1,352,152 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

TE Connectivity Stock Up 0.4%

Shares of NYSE:TEL opened at $236.36 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. The stock has a market cap of $69.54 billion, a price-to-earnings ratio of 38.43, a P/E/G ratio of 1.81 and a beta of 1.24. The company has a 50 day moving average of $232.25 and a 200-day moving average of $216.28. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $250.67.

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

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. TE Connectivity’s payout ratio is 46.18%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TEL. Citigroup raised their target price on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Truist Financial raised their price objective on shares of TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a research report on Friday, December 19th. TD Cowen upped their target price on shares of TE Connectivity from $220.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, January 8th. Finally, Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $244.85.

Insider Transactions at TE Connectivity

In other TE Connectivity news, CFO Heath A. Mitts sold 82,300 shares of the 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 transaction, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. This represents a 64.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.90% of the company’s stock.

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.