Sepio Capital LP Increases Stock Position in TE Connectivity Ltd. $TEL

Key Points

• Sepio Capital LP increased its holdings in TE Connectivity Ltd. by 28.2% in Q1, acquiring an additional 3,205 shares, bringing its total to 14,577 shares valued at approximately $2,060,000.
• Brokerages have raised their target prices on TE Connectivity, with UBS Group setting a new target of $201 and Wells Fargo increasing theirs to $198, while maintaining diverse ratings among analysts.
• TE Connectivity recently declared a quarterly dividend of $0.71 per share, representing an annualized yield of 1.4%, with a payout ratio of 58.80%.

Sepio Capital LP lifted its stake in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 28.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,577 shares of the electronics maker's stock after acquiring an additional 3,205 shares during the period. Sepio Capital LP's holdings in TE Connectivity were worth $2,060,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Costello Asset Management INC acquired a new position in shares of TE Connectivity during the 1st quarter valued at $28,000. Millstone Evans Group LLC acquired a new position in TE Connectivity during the first quarter worth $32,000. Kelly Lawrence W & Associates Inc. CA acquired a new position in TE Connectivity during the first quarter worth $34,000. Dagco Inc. acquired a new position in TE Connectivity during the first quarter worth $35,000. Finally, North Capital Inc. purchased a new stake in shares of TE Connectivity in the first quarter valued at about $46,000. Institutional investors and hedge funds own 91.43% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TEL. Evercore ISI increased their target price on shares of TE Connectivity from $200.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. UBS Group increased their target price on shares of TE Connectivity from $185.00 to $201.00 and gave the company a "buy" rating in a report on Monday, July 14th. Robert W. Baird set a $232.00 target price on shares of TE Connectivity in a report on Wednesday, September 3rd. The Goldman Sachs Group reiterated a "buy" rating on shares of TE Connectivity in a report on Friday, July 11th. Finally, Citigroup increased their price target on shares of TE Connectivity from $200.00 to $230.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, TE Connectivity has an average rating of "Moderate Buy" and a consensus target price of $199.55.

TE Connectivity Price Performance

Shares of TEL stock traded up $0.70 during trading hours on Tuesday, reaching $208.57. The stock had a trading volume of 1,117,156 shares, compared to its average volume of 1,475,554. The stock's fifty day simple moving average is $196.13 and its 200 day simple moving average is $166.30. The company has a current ratio of 1.52, a quick ratio of 0.96 and a debt-to-equity ratio of 0.39. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $212.76. The firm has a market capitalization of $61.63 billion, a PE ratio of 43.18, a PEG ratio of 2.47 and a beta of 1.23.

TE Connectivity (NYSE:TEL - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating analysts' consensus estimates of $2.08 by $0.19. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period last year, the business earned $1.91 earnings per share. TE Connectivity's revenue was up 13.9% compared to the same quarter last year. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, equities research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current 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 paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 22nd. TE Connectivity's dividend payout ratio (DPR) is currently 58.80%.

Insider Activity at TE Connectivity

In related news, SVP Malavika Sagar sold 1,945 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $207.20, for a total value of $403,004.00. Following the sale, the senior vice president directly owned 4,716 shares of the company's stock, valued at $977,155.20. This trade represents a 29.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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 shares were 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. Over the last three months, insiders sold 137,645 shares of company stock valued at $27,267,158. Company insiders own 0.90% of the company's stock.

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.