Qsemble Capital Management LP Has $5.82 Million Stake in TE Connectivity Ltd. $TEL

Qsemble Capital Management LP raised its position in TE Connectivity Ltd. (NYSE:TEL) by 110.6% during the fourth quarter, Holdings Channel reports. The firm owned 25,597 shares of the electronics maker’s stock after purchasing an additional 13,444 shares during the period. Qsemble Capital Management LP’s holdings in TE Connectivity were worth $5,824,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of TE Connectivity by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 38,421,283 shares of the electronics maker’s stock valued at $8,741,226,000 after acquiring an additional 168,142 shares during the period. State Street Corp lifted its position in shares of TE Connectivity by 0.8% during the 3rd quarter. State Street Corp now owns 13,028,927 shares of the electronics maker’s stock valued at $2,860,244,000 after acquiring an additional 100,194 shares during the period. Bank of America Corp DE lifted its position 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 acquiring an additional 1,352,152 shares during the period. Bank of New York Mellon Corp lifted its position in shares of TE Connectivity by 3.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,259,441 shares of the electronics maker’s stock valued at $935,075,000 after acquiring an additional 122,994 shares during the period. Finally, Invesco Ltd. lifted its position in shares of TE Connectivity by 11.0% during the 3rd quarter. Invesco Ltd. now owns 2,954,244 shares of the electronics maker’s stock valued at $648,545,000 after acquiring an additional 292,154 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Activity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at $5,584,840. This represents a 26.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 28,200 shares of company stock valued at $6,211,332. Corporate insiders own 0.60% of the company’s stock.

TE Connectivity Stock Performance

NYSE TEL opened at $205.54 on Friday. TE Connectivity Ltd. has a 1 year low of $155.37 and a 1 year high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The firm has a market cap of $60.00 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.46 and a beta of 1.18. The company has a fifty day moving average price of $212.61 and a 200-day moving average price of $224.91.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $0.03. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.72 billion. During the same quarter in the prior year, the business posted $2.10 EPS. The business’s revenue was up 14.4% compared to the same quarter last year. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, equities research analysts predict that TE Connectivity Ltd. will post 11.28 EPS for the current fiscal year.

TE Connectivity announced that its board has initiated a share repurchase program on Wednesday, March 11th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the electronics maker to reacquire up to 5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

TE Connectivity Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, May 22nd. This is a positive change from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s dividend payout ratio (DPR) is currently 29.01%.

Analysts Set New Price Targets

A number of research firms recently issued reports on TEL. HSBC downgraded shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 target price on the stock. in a research report on Thursday, April 23rd. Wall Street Zen downgraded shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Truist Financial lowered their price objective on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a report on Thursday, April 23rd. Finally, Oppenheimer upped their price objective on shares of TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.57.

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.