MassMutual Private Wealth & Trust FSB Purchases 1,788 Shares of TE Connectivity Ltd. $TEL

Key Points

• MassMutual Private Wealth & Trust FSB increased its stake in TE Connectivity Ltd. by 4.2%, acquiring an additional 1,788 shares, bringing its total holdings to 44,175 shares valued at approximately $7.45 million.
• TE Connectivity's stock has received favorable analyst upgrades, with price objectives raised by several firms, including a target increase from $200 to $230 by Citigroup, indicating strong market interest.
• The company also announced a quarterly dividend of $0.71 per share, which reflects a 1.3% yield and underscores its financial health, with a payout ratio of 58.80%.

MassMutual Private Wealth & Trust FSB increased its stake in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,175 shares of the electronics maker's stock after acquiring an additional 1,788 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in TE Connectivity were worth $7,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in TE Connectivity by 17.0% in the 1st quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker's stock worth $5,353,401,000 after buying an additional 5,502,415 shares during the period. Nuveen LLC purchased a new position in shares of TE Connectivity in the 1st quarter valued at approximately $174,700,000. Wellington Management Group LLP lifted its stake in shares of TE Connectivity by 17.2% in the 1st quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker's stock valued at $1,054,133,000 after purchasing an additional 1,097,035 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of TE Connectivity by 17.1% in the 1st quarter. Ameriprise Financial Inc. now owns 6,563,527 shares of the electronics maker's stock valued at $927,571,000 after purchasing an additional 960,276 shares during the period. Finally, Woodline Partners LP purchased a new position in shares of TE Connectivity in the 4th quarter valued at approximately $127,351,000. 91.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on TEL shares. Evercore ISI lifted their price objective on TE Connectivity from $200.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. UBS Group lifted their price objective on TE Connectivity from $185.00 to $201.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Truist Financial lifted their price objective on TE Connectivity from $156.00 to $200.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. Citigroup lifted their price objective on TE Connectivity from $200.00 to $230.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, KGI Securities upgraded TE Connectivity to a "hold" rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, TE Connectivity has an average rating of "Moderate Buy" and a consensus target price of $199.55.

TE Connectivity Stock Performance

NYSE:TEL opened at $210.99 on Tuesday. The stock has a 50-day simple moving average of $199.15 and a two-hundred day simple moving average of $168.02. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $215.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. The firm has a market capitalization of $62.34 billion, a PE ratio of 43.68, a P/E/G ratio of 2.49 and a beta of 1.23.

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

TE Connectivity Dividend Announcement

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

Insider Buying and Selling

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of the business's stock in a transaction dated 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 sale, the senior vice president owned 4,716 shares of the company's stock, valued at approximately $977,155.20. The trade was a 29.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Shadrak W. Kroeger sold 23,850 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total value of $4,841,311.50. Following the sale, the insider directly 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. Over the last ninety days, insiders sold 137,645 shares of company stock worth $27,267,158. Company insiders own 0.90% of the company's stock.

About TE Connectivity

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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