SG Americas Securities LLC Purchases 482,956 Shares of TE Connectivity Ltd. $TEL

Key Points

• SG Americas Securities LLC increased its stake in TE Connectivity by 4,066.3% in Q4, acquiring 482,956 shares and ending the quarter with 494,833 shares (about 0.17% of the company) valued at roughly $112.58 million.
• TE Connectivity beat quarterly estimates with $2.72 EPS vs. $2.55 expected and $4.67 billion in revenue (up 21.7% YoY), set Q2 2026 guidance at $2.65 EPS, and analysts expect about 8.05 EPS for the fiscal year.
• The board authorized a $3.00 billion share buyback (up to 5% of shares) and raised the quarterly dividend to $0.78 (from $0.71), implying a $3.12 annualized payout and a ~1.6% yield.

SG Americas Securities LLC lifted its position in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 4,066.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 494,833 shares of the electronics maker's stock after acquiring an additional 482,956 shares during the quarter. SG Americas Securities LLC owned approximately 0.17% of TE Connectivity worth $112,579,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of TE Connectivity in the second quarter worth about $609,158,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of TE Connectivity by 26,798.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,383,932 shares of the electronics maker's stock valued at $303,815,000 after buying an additional 1,378,787 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of TE Connectivity by 27.5% during the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker's stock valued at $1,058,390,000 after buying an additional 1,352,152 shares in the last quarter. Dodge & Cox boosted its holdings in TE Connectivity by 6.3% in the 2nd quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker's stock worth $2,874,104,000 after buying an additional 1,017,323 shares during the period. Finally, Balyasny Asset Management L.P. grew its stake in TE Connectivity by 243.2% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,359,191 shares of the electronics maker's stock valued at $298,383,000 after buying an additional 963,123 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company's stock.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $200.65 on Tuesday. The stock has a market cap of $58.88 billion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 1.49 and a beta of 1.23. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The stock's 50-day moving average is $221.77 and its 200 day moving average is $225.66.

TE Connectivity (NYSE:TEL - Get Free Report) last issued its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.17. The company had revenue of $4.67 billion during the quarter, compared to analysts' expectations of $4.52 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.TE Connectivity's quarterly revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be paid a $0.78 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is a boost from TE Connectivity's previous quarterly dividend of $0.71. This represents a $3.12 annualized dividend and a dividend yield of 1.6%. TE Connectivity's payout ratio is 40.98%.

TE Connectivity declared that its Board of Directors has initiated a share buyback plan on Wednesday, March 11th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the electronics maker to purchase up to 5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TEL shares. Wall Street Zen upgraded TE Connectivity from a "buy" rating to a "strong-buy" rating in a research report on Sunday, January 11th. Weiss Ratings upgraded TE Connectivity from a "hold (c+)" rating to a "buy (b)" rating in a research report on Friday, February 6th. Oppenheimer boosted their price objective on TE Connectivity from $270.00 to $285.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. Barclays raised their target price on TE Connectivity from $297.00 to $302.00 and gave the stock an "overweight" rating in a research note on Friday, January 23rd. Finally, The Goldman Sachs Group set a $306.00 target price on TE Connectivity in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, TE Connectivity has a consensus rating of "Moderate Buy" and an average price target of $251.93.

Insider Buying and Selling

In other news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $222.52, for a total value of $2,091,688.00. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $5,780,179.52. This trade represents a 26.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The SEC filing for this sale provides additional information. Insiders have sold 32,945 shares of company stock valued at $7,528,616 over the last ninety days. 0.60% of the stock is owned by insiders.

TE Connectivity Company Profile

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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