TE Connectivity Ltd. $TEL Shares Purchased by 111 Capital

Key Points

• 111 Capital significantly increased its stake in TE Connectivity Ltd. by 435.1%, acquiring an additional 7,419 shares, bringing their total holdings to 9,124 shares worth approximately $1.54 million.
• Company insiders sold a total of 124,545 shares in the last ninety days, valued at over $25 million, indicating a potential shift in confidence among executives.
• TE Connectivity reported a strong quarterly earnings with EPS of $2.27, surpassing estimates, and a revenue increase of 13.9% year-over-year, suggesting robust company performance.

111 Capital raised its position in TE Connectivity Ltd. (NYSE:TEL - Free Report) by 435.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,124 shares of the electronics maker's stock after purchasing an additional 7,419 shares during the period. 111 Capital's holdings in TE Connectivity were worth $1,539,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Martingale Asset Management L P boosted its position in TE Connectivity by 3.6% during the first quarter. Martingale Asset Management L P now owns 1,807 shares of the electronics maker's stock worth $255,000 after acquiring an additional 63 shares during the last quarter. Ballentine Partners LLC lifted its stake in shares of TE Connectivity by 1.4% during the 1st quarter. Ballentine Partners LLC now owns 4,975 shares of the electronics maker's stock worth $703,000 after purchasing an additional 68 shares during the period. Hickory Point Bank & Trust boosted its holdings in shares of TE Connectivity by 2.6% during the second quarter. Hickory Point Bank & Trust now owns 2,938 shares of the electronics maker's stock worth $496,000 after purchasing an additional 75 shares during the last quarter. Wedmont Private Capital grew its position in shares of TE Connectivity by 4.3% in the first quarter. Wedmont Private Capital now owns 1,944 shares of the electronics maker's stock valued at $275,000 after purchasing an additional 80 shares during the period. Finally, AllSquare Wealth Management LLC increased its stake in TE Connectivity by 7.0% in the first quarter. AllSquare Wealth Management LLC now owns 1,274 shares of the electronics maker's stock valued at $180,000 after purchasing an additional 83 shares during the last quarter. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Aaron Kyle Stucki sold 52,900 shares of the business's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the transaction, the insider directly owned 23,667 shares of the company's stock, valued at approximately $4,562,524.26. The trade was a 69.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the completion of the transaction, the insider owned 25,976 shares of the company's stock, valued at approximately $5,272,868.24. This represents a 47.87% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 124,545 shares of company stock worth $25,040,158. Company insiders own 0.90% of the company's stock.

TE Connectivity Trading Down 0.1%

NYSE TEL opened at $221.00 on Friday. The firm has a market capitalization of $65.30 billion, a price-to-earnings ratio of 45.75, a PEG ratio of 2.39 and a beta of 1.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. TE Connectivity Ltd. has a one year low of $116.30 and a one year high of $224.97. The company's 50 day moving average price is $208.91 and its 200 day moving average price is $174.54.

TE Connectivity (NYSE:TEL - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $4.30 billion. During the same period in the previous year, the firm earned $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. On average, sell-side analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

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

Analyst Ratings Changes

TEL has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on TE Connectivity from $186.00 to $204.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Bank of America raised their target price on shares of TE Connectivity from $168.00 to $190.00 and gave the stock a "buy" rating in a research report on Thursday, July 10th. Wells Fargo & Company boosted their target price on shares of TE Connectivity from $198.00 to $215.00 and gave the company an "equal weight" rating in a report on Thursday, September 25th. KGI Securities raised shares of TE Connectivity to a "hold" rating in a research note on Thursday, July 24th. Finally, Citigroup lifted their price target on shares of TE Connectivity from $230.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, TE Connectivity presently has a consensus rating of "Moderate Buy" and a consensus price target of $211.36.

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.

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