TE Connectivity Ltd. $TEL Shares Sold by Eisler Capital Management Ltd.

Key Points

• Eisler Capital Management Ltd. reduced its holdings in TE Connectivity Ltd. by 39.1%, selling 2,241 shares, leaving them with a total of 3,493 shares valued at approximately $494,000.
• Several institutional investors, including Vanguard Group, Dodge & Cox, and Ameriprise Financial, have increased their positions in TE Connectivity, with Vanguard boosting its holdings by 17.0%.
• TE Connectivity's stock received multiple price target increases from analysts, with Bank of America raising it from $168.00 to $190.00 and Citigroup increasing theirs from $200.00 to $230.00, reflecting positive sentiment about the company's performance.

Eisler Capital Management Ltd. lessened its stake in TE Connectivity Ltd. (NYSE:TEL - Free Report) by 39.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,493 shares of the electronics maker's stock after selling 2,241 shares during the quarter. Eisler Capital Management Ltd.'s holdings in TE Connectivity were worth $494,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TEL. Brighton Jones LLC purchased a new position in shares of TE Connectivity in the 4th quarter valued at about $820,000. Integrated Wealth Concepts LLC increased its holdings in shares of TE Connectivity by 5.3% in the 4th quarter. Integrated Wealth Concepts LLC now owns 4,742 shares of the electronics maker's stock valued at $678,000 after purchasing an additional 238 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of TE Connectivity by 0.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 338,963 shares of the electronics maker's stock valued at $48,462,000 after purchasing an additional 2,867 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of TE Connectivity by 8.5% in the 4th quarter. Lido Advisors LLC now owns 6,437 shares of the electronics maker's stock valued at $920,000 after purchasing an additional 504 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of TE Connectivity by 7.4% in the 4th quarter. AQR Capital Management LLC now owns 532,918 shares of the electronics maker's stock valued at $76,191,000 after purchasing an additional 36,583 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company's stock.

TE Connectivity Trading Down 0.8%

Shares of NYSE TEL traded down $1.72 during midday trading on Friday, reaching $206.33. 1,331,430 shares of the stock were exchanged, compared to its average volume of 1,604,158. The company has a market capitalization of $60.96 billion, a P/E ratio of 42.72, a P/E/G ratio of 2.45 and a beta of 1.23. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $212.76. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average price of $190.65 and a 200-day moving average price of $163.80.

TE Connectivity (NYSE:TEL - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $4.30 billion. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.91 earnings per share. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Equities research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 22nd will be given a $0.71 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $2.84 annualized dividend and a dividend yield of 1.4%. TE Connectivity's dividend payout ratio (DPR) is currently 58.80%.

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $159.03, for a total value of $3,975,750.00. Following the sale, the insider directly owned 25,976 shares of the company's stock, valued at approximately $4,130,963.28. This trade represents a 49.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Aaron Kyle Stucki sold 52,900 shares of the firm's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the completion of the sale, the insider directly owned 23,667 shares in the company, valued at $4,562,524.26. This represents a 69.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 138,795 shares of company stock valued at $26,401,597 over the last three months. Insiders own 0.90% of the company's stock.

Wall Street Analysts Forecast Growth

TEL has been the subject of several recent research reports. KGI Securities upgraded shares of TE Connectivity to a "hold" rating in a report on Thursday, July 24th. Wells Fargo & Company raised their target price on shares of TE Connectivity from $170.00 to $198.00 and gave the company an "equal weight" rating in a report on Thursday, July 24th. Wall Street Zen downgraded shares of TE Connectivity from a "strong-buy" rating to a "buy" rating in a report on Sunday. The Goldman Sachs Group restated a "buy" rating on shares of TE Connectivity in a report on Friday, July 11th. Finally, Robert W. Baird raised their target price on shares of TE Connectivity from $185.00 to $210.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $197.55.

TE Connectivity 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.