State of New Jersey Common Pension Fund D Has $22.68 Million Stake in TE Connectivity Ltd. $TEL

State of New Jersey Common Pension Fund D boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,287 shares of the electronics maker’s stock after purchasing an additional 6,755 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in TE Connectivity were worth $22,675,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC bought a new position in TE Connectivity during the second quarter worth $26,000. SOA Wealth Advisors LLC. increased its holdings in shares of TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after purchasing an additional 54 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 66 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of TE Connectivity in the third quarter valued at about $39,000. Finally, Neo Ivy Capital Management bought a new stake in shares of TE Connectivity in the second quarter valued at about $30,000. 91.43% of the stock is owned by institutional investors.

Insider Activity

In other TE Connectivity 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 sale, the executive vice president owned 21,810 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

TE Connectivity Price Performance

NYSE:TEL opened at $235.99 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The firm has a market cap of $69.25 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 1.80 and a beta of 1.24. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67. The company’s 50-day moving average price is $230.09 and its two-hundred day moving average price is $223.54.

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

TE Connectivity Announces Dividend

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 issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio is presently 40.98%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. The Goldman Sachs Group set a $306.00 price objective on TE Connectivity in a research report on Wednesday, January 21st. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, February 6th. UBS Group raised their price objective on shares of TE Connectivity from $280.00 to $283.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Oppenheimer lifted their target price on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Wells Fargo & Company increased their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $251.93.

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.