24,410 Shares in TE Connectivity Ltd. $TEL Purchased by Brasada Capital Management LP

Brasada Capital Management LP acquired a new position in TE Connectivity Ltd. (NYSE:TEL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 24,410 shares of the electronics maker’s stock, valued at approximately $4,921,000.

A number of other institutional investors have also recently bought and sold shares of the business. Gulf International Bank UK Ltd raised its position in shares of TE Connectivity by 0.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock valued at $3,412,000 after buying an additional 44 shares in the last quarter. MCF Advisors LLC boosted its stake in shares of TE Connectivity by 14.1% in the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock valued at $83,000 after buying an additional 45 shares during the period. CYBER HORNET ETFs LLC grew its position in TE Connectivity by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock worth $202,000 after buying an additional 47 shares in the last quarter. Harbour Investments Inc. increased its stake in TE Connectivity by 4.2% during the 4th quarter. Harbour Investments Inc. now owns 1,193 shares of the electronics maker’s stock worth $271,000 after acquiring an additional 48 shares during the period. Finally, Security National Bank of SO Dak increased its stake in TE Connectivity by 0.5% during the 2nd quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after acquiring an additional 50 shares during the period. Institutional investors own 91.43% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on TEL. Weiss Ratings reiterated a “buy (b)” rating on shares of TE Connectivity in a research report on Friday, July 24th. Robert W. Baird decreased their price target on TE Connectivity from $240.00 to $225.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 8th. Wells Fargo & Company reduced their price objective on shares of TE Connectivity from $230.00 to $209.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Finally, Wall Street Zen raised shares of TE Connectivity from a “hold” rating to a “buy” rating in a report on Sunday, August 23rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, TE Connectivity has a consensus rating of “Moderate Buy” and an average target price of $251.15.

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider directly 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Price Performance

TE Connectivity stock opened at $202.95 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.23 and a current ratio of 1.88. TE Connectivity Ltd. has a 52 week low of $190.27 and a 52 week high of $252.56. The stock has a market capitalization of $58.76 billion, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 1.37 and a beta of 1.16. The stock has a fifty day moving average of $205.54 and a 200-day moving average of $211.66.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.09. The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.01 billion. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.27 earnings per share. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, sell-side analysts expect that TE Connectivity Ltd. will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. TE Connectivity’s payout ratio is 30.59%.

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.