Capital Fund Management S.A. Has $26.82 Million Holdings in TE Connectivity Ltd. $TEL

Key Points

• Capital Fund Management S.A. increased its stake in TE Connectivity Ltd. by 13.9%, holding 189,808 shares valued at approximately $26.82 million.
• TE Connectivity's recent earnings report showed an EPS of $2.27, surpassing estimates, with a revenue increase of 13.9% year-over-year.
• The company announced a quarterly dividend of $0.71, with an ex-dividend date of August 22nd, representing an annual yield of 1.4% based on a payout ratio of 58.80%.

Capital Fund Management S.A. boosted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 13.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 189,808 shares of the electronics maker's stock after acquiring an additional 23,185 shares during the period. Capital Fund Management S.A. owned 0.06% of TE Connectivity worth $26,824,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Credit Agricole S A boosted its stake in TE Connectivity by 7.3% during the 1st quarter. Credit Agricole S A now owns 77,235 shares of the electronics maker's stock worth $10,915,000 after acquiring an additional 5,242 shares during the last quarter. Berkshire Asset Management LLC PA boosted its position in shares of TE Connectivity by 1.0% during the first quarter. Berkshire Asset Management LLC PA now owns 255,133 shares of the electronics maker's stock worth $38,811,000 after purchasing an additional 2,426 shares in the last quarter. Wellington Management Group LLP increased its position 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 buying an additional 1,097,035 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in TE Connectivity by 51.6% during the 1st quarter. Aptus Capital Advisors LLC now owns 4,411 shares of the electronics maker's stock worth $623,000 after buying an additional 1,501 shares during the period. Finally, Summit Securities Group LLC bought a new position in TE Connectivity during the first quarter worth about $64,000. 91.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP John S. Jenkins sold 45,850 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the completion of the sale, the executive vice president owned 24,625 shares of the company's stock, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Malavika Sagar sold 1,945 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $207.20, for a total transaction of $403,004.00. Following the sale, the senior vice president directly owned 4,716 shares of the company's stock, valued at approximately $977,155.20. This trade represents a 29.20% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 138,795 shares of company stock valued at $26,401,597. Company insiders own 0.90% of the company's stock.

TE Connectivity Stock Performance

NYSE TEL traded up $0.6750 on Monday, hitting $205.6750. 313,732 shares of the stock were exchanged, compared to its average volume of 1,834,189. The company has a market capitalization of $60.77 billion, a PE ratio of 42.58, a P/E/G ratio of 2.44 and a beta of 1.23. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The business's fifty day moving average is $186.36 and its 200 day moving average is $161.78. TE Connectivity Ltd. has a 52 week low of $116.30 and a 52 week high of $212.76.

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, topping analysts' consensus estimates of $2.08 by $0.19. The firm had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.30 billion. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.91 earnings per share. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Research analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 22nd. TE Connectivity's dividend payout ratio is presently 58.80%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Truist Financial lifted their price objective on TE Connectivity from $156.00 to $200.00 and gave the company a "hold" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. upped their price target on shares of TE Connectivity from $186.00 to $204.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Evercore ISI increased their price objective on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of TE Connectivity in a research note on Friday, July 11th. Finally, Citigroup lifted their price target on TE Connectivity from $200.00 to $230.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, TE Connectivity currently has a consensus rating of "Moderate Buy" and a consensus price target of $197.55.

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.