Capital International Inc. CA Purchases 104,496 Shares of TE Connectivity Ltd. $TEL

Capital International Inc. CA boosted its position in TE Connectivity Ltd. (NYSE:TEL) by 425.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 129,058 shares of the electronics maker’s stock after buying an additional 104,496 shares during the quarter. Capital International Inc. CA’s holdings in TE Connectivity were worth $28,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in TEL. Norges Bank purchased a new position in shares of TE Connectivity in the second quarter valued at $609,158,000. Bank of America Corp DE raised its stake in shares of TE Connectivity by 27.5% during 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 period. Dodge & Cox lifted its holdings in TE Connectivity by 6.3% during the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after purchasing an additional 1,017,323 shares in the last quarter. Capital International Investors boosted its stake in TE Connectivity by 44.4% in the 3rd quarter. Capital International Investors now owns 2,626,754 shares of the electronics maker’s stock worth $576,384,000 after purchasing an additional 807,702 shares during the period. Finally, Bahl & Gaynor Inc. grew its holdings in TE Connectivity by 40,481.3% during the 2nd quarter. Bahl & Gaynor Inc. now owns 680,548 shares of the electronics maker’s stock valued at $114,788,000 after buying an additional 678,871 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TEL. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. UBS Group raised their price target on shares of TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Finally, The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a report on Wednesday, January 21st. One 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $251.93.

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $222.52, for a total value of $2,091,688.00. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at approximately $5,780,179.52. The trade was a 26.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 32,945 shares of company stock valued at $7,528,616. Insiders own 0.60% of the company’s stock.

TE Connectivity Stock Down 1.4%

Shares of NYSE TEL opened at $203.31 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average of $227.25 and a 200-day moving average of $226.07. The firm has a market capitalization of $59.66 billion, a price-to-earnings ratio of 29.34, a PEG ratio of 1.57 and a beta of 1.23. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The business had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same period last year, the firm posted $1.95 earnings per share. TE Connectivity’s quarterly 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. Sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s payout ratio is currently 40.98%.

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.