Indivisible Partners Buys New Position in TE Connectivity Ltd. $TEL

Key Points

• Indivisible Partners initiated a new position in TE Connectivity, buying 5,333 shares worth about $1.21M in Q4, and institutional investors now own 91.43% of the company.
• TE Connectivity beat the quarter with $2.73 EPS (vs. $2.70) and $4.74B revenue (up 14.4% YoY), provided Q3 2026 EPS guidance of 2.83, and carries an average analyst price target of $256.57 with a "Moderate Buy" consensus.
• The board boosted the quarterly dividend to $0.78 (annualized $3.12, ~1.4% yield) and approved a $3.0 billion share repurchase program authorizing buybacks of up to 5% of shares.

Indivisible Partners bought a new stake in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,333 shares of the electronics maker's stock, valued at approximately $1,213,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. RFG Advisory LLC boosted its position in shares of TE Connectivity by 4.4% during the 4th quarter. RFG Advisory LLC now owns 1,528 shares of the electronics maker's stock valued at $348,000 after purchasing an additional 64 shares in the last quarter. Stevens Capital Management LP boosted its position in shares of TE Connectivity by 45.7% during the 4th quarter. Stevens Capital Management LP now owns 2,721 shares of the electronics maker's stock valued at $619,000 after purchasing an additional 854 shares in the last quarter. Swedbank AB boosted its position in shares of TE Connectivity by 8.1% during the 4th quarter. Swedbank AB now owns 84,831 shares of the electronics maker's stock valued at $19,300,000 after purchasing an additional 6,385 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of TE Connectivity by 5.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 627,878 shares of the electronics maker's stock valued at $146,434,000 after purchasing an additional 33,349 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of TE Connectivity by 1.4% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 41,214 shares of the electronics maker's stock valued at $9,377,000 after purchasing an additional 563 shares in the last quarter. Institutional investors own 91.43% of the company's stock.

TE Connectivity Stock Up 4.4%

Shares of NYSE:TEL opened at $215.97 on Thursday. The firm has a market cap of $63.04 billion, a P/E ratio of 22.06, a PEG ratio of 1.47 and a beta of 1.18. TE Connectivity Ltd. has a 52-week low of $147.80 and a 52-week high of $252.56. The business's 50 day simple moving average is $215.01 and its two-hundred day simple moving average is $225.94. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.20 and a current ratio of 1.89.

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

TE Connectivity Increases Dividend

The business also recently disclosed 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 1.4%. This is a boost from TE Connectivity's previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Friday, May 22nd. TE Connectivity's dividend payout ratio (DPR) is currently 29.01%.

TE Connectivity announced that its Board of Directors has approved a stock repurchase program on Wednesday, March 11th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the electronics maker to purchase up to 5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Wall Street Zen lowered TE Connectivity from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 2nd. Jefferies Financial Group upgraded TE Connectivity from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their price target on TE Connectivity from $214.00 to $226.00 and gave the stock an "equal weight" rating in a report on Thursday, April 23rd. Weiss Ratings upgraded TE Connectivity from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, April 29th. Finally, UBS Group cut their price target on TE Connectivity from $272.00 to $261.00 and set a "buy" rating on the stock in a report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, TE Connectivity presently has an average rating of "Moderate Buy" and an average price target of $256.57.

Insider Transactions at TE Connectivity

In other news, 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 value of $2,098,644.00. Following the completion of the sale, the insider directly owned 25,976 shares of the company's stock, valued at $5,799,401.76. This represents a 26.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John S. Jenkins sold 6,155 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares of the company's stock, valued at approximately $4,859,486.10. This trade represents a 22.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,345 shares of company stock valued at $9,627,260 over the last ninety days. 0.60% of the stock is currently owned by insiders.

About TE Connectivity

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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