Callan Family Office LLC Has $5.48 Million Stock Holdings in TE Connectivity Ltd. $TEL

Key Points

• Callan Family Office LLC increased its stake in TE Connectivity Ltd. by 225.1%, owning 32,476 shares valued at approximately $5.48 million after purchasing an additional 22,485 shares in the second quarter.
• Insider trading activity shows significant sales, with SVP Malavika Sagar selling 1,945 shares for approximately $403,004 and insider Shadrak W. Kroeger selling 23,850 shares for over $4.84 million in recent months.
• TE Connectivity announced a quarterly dividend of $0.71 per share to be paid on December 12, reflecting an annual yield of 1.3%, with institutional investors holding 91.43% of the company's stock.

Callan Family Office LLC lifted its position in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 225.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,476 shares of the electronics maker's stock after buying an additional 22,485 shares during the quarter. Callan Family Office LLC's holdings in TE Connectivity were worth $5,478,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TEL. Costello Asset Management INC acquired a new stake in shares of TE Connectivity during the first quarter worth $28,000. Millstone Evans Group LLC acquired a new stake in shares of TE Connectivity during the first quarter worth $32,000. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of TE Connectivity during the first quarter worth $34,000. Ransom Advisory Ltd acquired a new stake in shares of TE Connectivity during the first quarter worth $34,000. Finally, Dagco Inc. acquired a new stake in shares of TE Connectivity during the first quarter worth $35,000. Institutional investors and hedge funds own 91.43% of the company's stock.

Insider Buying and Selling

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of TE Connectivity stock in a transaction on Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the completion of the transaction, the senior vice president owned 4,716 shares in the company, valued at approximately $977,155.20. The trade was a 29.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the completion of the transaction, the insider owned 25,976 shares of the company's stock, valued at $5,272,868.24. This represents a 47.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,545 shares of company stock worth $25,040,158 over the last three months. 0.90% of the stock is owned by corporate insiders.

TE Connectivity Price Performance

TE Connectivity stock opened at $214.55 on Friday. The stock has a market capitalization of $63.40 billion, a price-to-earnings ratio of 44.42, a PEG ratio of 2.41 and a beta of 1.26. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $226.40. The stock's 50 day moving average price is $210.41 and its two-hundred day moving average price is $177.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52.

TE Connectivity (NYSE:TEL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, topping analysts' consensus estimates of $2.08 by $0.19. The business had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.30 billion. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The business's quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, equities analysts predict that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.71 per share. The ex-dividend date is Friday, November 21st. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity's payout ratio is presently 58.80%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TEL. Zacks Research downgraded TE Connectivity from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 24th. Wells Fargo & Company boosted their price target on TE Connectivity from $198.00 to $215.00 and gave the company an "equal weight" rating in a research note on Thursday, September 25th. The Goldman Sachs Group boosted their price target on TE Connectivity from $228.00 to $263.00 and gave the company a "buy" rating in a research note on Monday, September 29th. Wall Street Zen downgraded TE Connectivity from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Robert W. Baird lifted their target price on TE Connectivity from $222.00 to $238.00 and gave the company an "outperform" rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $219.92.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

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