Valeo Financial Advisors LLC Raises Position in TE Connectivity Ltd. $TEL

Key Points

• Valeo Financial Advisors LLC significantly increased its stake in TE Connectivity Ltd. by an astonishing 39,846.0%, acquiring a total of 1,775,598 shares valued at approximately $299.49 million.
• Several equity analysts have raised their target prices for TE Connectivity, with estimates now ranging up to $232.00, suggesting a positive outlook for the stock.
• TE Connectivity announced a quarterly dividend of $0.71, with a record date of November 21st, translating to an annual yield of 1.3%.

Valeo Financial Advisors LLC lifted its stake in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) by 39,846.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,775,598 shares of the electronics maker's stock after buying an additional 1,771,153 shares during the quarter. TE Connectivity accounts for approximately 0.9% of Valeo Financial Advisors LLC's holdings, making the stock its 18th largest holding. Valeo Financial Advisors LLC owned about 0.60% of TE Connectivity worth $299,490,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TEL. Brighton Jones LLC acquired a new stake in TE Connectivity during the 4th quarter valued at $820,000. Merit Financial Group LLC grew its stake in shares of TE Connectivity by 175.2% during the first quarter. Merit Financial Group LLC now owns 4,562 shares of the electronics maker's stock valued at $645,000 after acquiring an additional 2,904 shares in the last quarter. Vest Financial LLC lifted its stake in shares of TE Connectivity by 73.9% in the first quarter. Vest Financial LLC now owns 7,406 shares of the electronics maker's stock worth $1,047,000 after acquiring an additional 3,148 shares in the last quarter. Gateway Investment Advisers LLC boosted its holdings in TE Connectivity by 13.6% in the first quarter. Gateway Investment Advisers LLC now owns 2,936 shares of the electronics maker's stock valued at $415,000 after purchasing an additional 351 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in TE Connectivity during the 1st quarter valued at approximately $213,000. Institutional investors and hedge funds own 91.43% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Truist Financial increased their target price on TE Connectivity from $156.00 to $200.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. Evercore ISI raised their price objective on shares of TE Connectivity from $200.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. Robert W. Baird set a $232.00 target price on shares of TE Connectivity in a research note on Wednesday, September 3rd. Bank of America lifted their price target on TE Connectivity from $168.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, July 10th. Finally, Zacks Research cut TE Connectivity from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, TE Connectivity currently has an average rating of "Moderate Buy" and a consensus price target of $211.36.

Insiders Place Their Bets

In other TE Connectivity news, SVP Malavika Sagar sold 1,945 shares of TE Connectivity stock in a transaction 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 owned 4,716 shares of the company's stock, valued at $977,155.20. The trade was a 29.20% 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 the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $192.78, for a total value of $10,198,062.00. Following the completion of 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 disclosure for this sale can be found here. Insiders sold 124,545 shares of company stock worth $25,040,158 over the last 90 days. Insiders own 0.90% of the company's stock.

TE Connectivity Stock Performance

TEL stock opened at $221.00 on Monday. The stock's fifty day moving average is $208.91 and its two-hundred day moving average is $174.92. The stock 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 1 year low of $116.30 and a 1 year high of $224.97.

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 for the quarter, topping analysts' consensus estimates of $2.08 by $0.19. The business had revenue of $4.53 billion for 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 quarter last year, the company earned $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, research analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Announces Dividend

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

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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