Peak Financial Advisors LLC Invests $500,000 in TE Connectivity Ltd. $TEL

Key Points

• Peak Financial Advisors LLC has invested approximately $500,000 in TE Connectivity Ltd., acquiring 2,965 shares during the second quarter.
• The company recently reported an earnings per share (EPS) of $2.27, exceeding analyst expectations and reflecting a year-over-year revenue increase of 13.9%.
• TE Connectivity announced a quarterly dividend of $0.71 per share, with the ex-dividend date set for November 21st, indicating a dividend yield of 1.4%.

Peak Financial Advisors LLC acquired a new position in TE Connectivity Ltd. (NYSE:TEL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,965 shares of the electronics maker's stock, valued at approximately $500,000.

A number of other large investors also recently modified their holdings of TEL. Costello Asset Management INC purchased a new position in shares of TE Connectivity in the 1st quarter worth about $28,000. Millstone Evans Group LLC purchased a new position in shares of TE Connectivity in the 1st quarter worth about $32,000. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of TE Connectivity during the 1st quarter valued at about $34,000. Ransom Advisory Ltd purchased a new stake in shares of TE Connectivity during the 1st quarter valued at about $34,000. Finally, Dagco Inc. purchased a new stake in shares of TE Connectivity during the 1st quarter valued at about $35,000. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other TE Connectivity news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider owned 25,976 shares of the company's stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Aaron Kyle Stucki sold 52,900 shares of TE Connectivity stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total value of $10,198,062.00. Following the sale, the insider directly owned 23,667 shares in the company, valued at $4,562,524.26. The trade was a 69.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 137,645 shares of company stock worth $27,267,158. Company insiders own 0.90% of the company's stock.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $209.71 on Friday. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $215.22. The business has a 50 day moving average price of $198.35 and a two-hundred day moving average price of $167.52. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39. The firm has a market cap of $61.96 billion, a PE ratio of 43.42, a price-to-earnings-growth ratio of 2.52 and a beta of 1.23.

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

TE Connectivity Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a $0.71 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.4%. TE Connectivity's dividend payout ratio (DPR) is presently 58.80%.

Analyst Ratings Changes

Several equities research analysts recently commented on TEL shares. The Goldman Sachs Group reiterated a "buy" rating on shares of TE Connectivity in a report on Friday, July 11th. Wall Street Zen downgraded TE Connectivity from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 31st. Citigroup raised their target price on TE Connectivity from $200.00 to $230.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Bank of America raised their target price on TE Connectivity from $168.00 to $190.00 and gave the company a "buy" rating in a report on Thursday, July 10th. Finally, KGI Securities upgraded TE Connectivity to a "hold" rating in a research note on Thursday, July 24th. One equities 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $199.55.

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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