Grantham Mayo Van Otterloo & Co. LLC Raises Stock Holdings in TE Connectivity Ltd. $TEL

Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of TE Connectivity Ltd. (NYSE:TEL) by 49.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 68,123 shares of the electronics maker’s stock after acquiring an additional 22,553 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in TE Connectivity were worth $14,955,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of TE Connectivity in the second quarter worth about $609,158,000. Bank of America Corp DE boosted its position in TE Connectivity by 27.5% in 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 boosted its position in TE Connectivity by 6.3% in the second 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 during the last quarter. Bahl & Gaynor Inc. increased its holdings in TE Connectivity by 40,481.3% in the 2nd quarter. Bahl & Gaynor Inc. now owns 680,548 shares of the electronics maker’s stock worth $114,788,000 after buying an additional 678,871 shares during the period. Finally, Boston Partners raised its position in TE Connectivity by 34.5% during the 2nd quarter. Boston Partners now owns 1,904,718 shares of the electronics maker’s stock worth $321,463,000 after buying an additional 488,269 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Activity at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $233.82, for a total transaction of $2,197,908.00. Following the transaction, the insider owned 32,541 shares in the company, valued at approximately $7,608,736.62. This represents a 22.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. The trade was a 22.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 32,945 shares of company stock worth $7,528,616 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on TEL shares. The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research note on Wednesday, January 21st. Oppenheimer boosted 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, February 13th. Barclays increased their price target on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Weiss Ratings upgraded TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, February 6th. Finally, Truist Financial boosted their price objective on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $251.93.

TE Connectivity Stock Performance

TEL opened at $205.99 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07. The firm has a fifty day moving average price of $228.29 and a 200 day moving average price of $226.03. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The stock has a market cap of $60.44 billion, a P/E ratio of 29.72, a P/E/G ratio of 1.57 and a beta of 1.23.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating the consensus estimate of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the business earned $1.95 earnings per share. The firm’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. Equities research 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 announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.4%. TE Connectivity’s dividend payout ratio (DPR) is 40.98%.

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.