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191,555 Shares in TE Connectivity Ltd. $TEL Acquired by PFA Pension Forsikringsaktieselskab

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Key Points

  • PFA Pension bought a new position of 191,555 shares of TE Connectivity (NYSE:TEL), valued at about $44.13 million, representing roughly 0.07% of the company.
  • TE Connectivity raised its quarterly dividend to $0.78 (annualized $3.12, yield 1.5%) and authorized a $3.0 billion share buyback program to repurchase up to about 5% of outstanding shares.
  • The company beat Q4 estimates with $2.73 EPS (vs. $2.70) and $4.74B revenue (+14.4% YoY), set Q3 2026 guidance at 2.83 EPS, and carries a consensus rating of "Moderate Buy" with an average price target of $256.57.
  • MarketBeat previews top five stocks to own in June.

PFA Pension Forsikringsaktieselskab bought a new position in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 191,555 shares of the electronics maker's stock, valued at approximately $44,131,000. PFA Pension Forsikringsaktieselskab owned approximately 0.07% of TE Connectivity as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in TEL. Kohmann Bosshard Financial Services LLC bought a new stake in TE Connectivity during the fourth quarter worth approximately $25,000. Caitlin John LLC bought a new stake in TE Connectivity during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd bought a new stake in TE Connectivity during the third quarter worth approximately $29,000. Geneos Wealth Management Inc. boosted its holdings in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker's stock worth $33,000 after buying an additional 127 shares in the last quarter. Finally, SOA Wealth Advisors LLC. boosted its stake in TE Connectivity by 47.4% in 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. 91.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. The Goldman Sachs Group set a $286.00 target price on shares of TE Connectivity in a research note on Wednesday, April 22nd. Zacks Research raised TE Connectivity from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 27th. Oppenheimer raised their target price on TE Connectivity from $270.00 to $285.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Jefferies Financial Group raised TE Connectivity from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 15th. Finally, Barclays decreased their target price on TE Connectivity from $302.00 to $297.00 and set an "overweight" rating for the company in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $256.57.

View Our Latest Research Report on TE Connectivity

TE Connectivity Stock Down 2.0%

TEL stock opened at $207.43 on Friday. TE Connectivity Ltd. has a 12-month low of $147.75 and a 12-month high of $252.56. The company has a quick ratio of 1.20, a current ratio of 1.89 and a debt-to-equity ratio of 0.42. The company has a market cap of $60.55 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 1.47 and a beta of 1.18. The company has a 50 day moving average of $215.86 and a two-hundred day moving average of $226.07.

TE Connectivity (NYSE:TEL - Get Free Report) last released its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.70 by $0.03. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter in the prior year, the firm earned $2.10 EPS. The company'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. On average, equities analysts anticipate that TE Connectivity Ltd. will post 11.28 earnings per share for the current fiscal year.

TE Connectivity Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a 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 payout ratio is currently 29.01%.

TE Connectivity declared that its board has authorized a share repurchase plan on Wednesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the electronics maker to reacquire up to 5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $223.26, for a total transaction of $2,098,644.00. Following the completion of the sale, the insider owned 25,976 shares of the company's stock, valued at approximately $5,799,401.76. The trade was a 26.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 42,345 shares of company stock worth $9,627,260 in the last quarter. 0.60% of the stock is currently owned by corporate insiders.

TE Connectivity Profile

(Free Report)

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.

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Want to see what other hedge funds are holding TEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TEL - Free Report).

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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