Vanguard Personalized Indexing Management LLC Increases Position in TE Connectivity Ltd. $TEL

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in TE Connectivity by 26%, holding 45,582 shares valued at approximately $7.69 million after acquiring an additional 9,399 shares in the second quarter.
• Several institutional investors have recently initiated positions in TE Connectivity, with institutional ownership currently at 91.43% of the company's stock.
• TE Connectivity's stock has been given a Moderate Buy rating, with an average price target of $219.92 from market analysts, despite a recent downgrade from Zacks Research.

Vanguard Personalized Indexing Management LLC grew its stake in TE Connectivity Ltd. (NYSE:TEL - Free Report) by 26.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,582 shares of the electronics maker's stock after acquiring an additional 9,399 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in TE Connectivity were worth $7,689,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TEL. Costello Asset Management INC acquired a new stake in shares of TE Connectivity in the 1st quarter worth $28,000. Millstone Evans Group LLC acquired a new stake in TE Connectivity during the 1st quarter worth about $32,000. Richardson Financial Services Inc. purchased a new position in shares of TE Connectivity during the 2nd quarter valued at about $33,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of TE Connectivity during the 1st quarter valued at about $34,000. Finally, Ransom Advisory Ltd purchased a new position in shares of TE Connectivity during the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 91.43% of the company's stock.

Insider Activity at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 45,850 shares of the company's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $209.33, for a total value of $9,597,780.50. Following the completion of the transaction, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Aaron Kyle Stucki sold 52,900 shares of the company's stock in a transaction 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 transaction, the insider owned 23,667 shares of the company's stock, valued at $4,562,524.26. This represents a 69.09% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 124,545 shares of company stock worth $25,040,158. Insiders own 0.90% of the company's stock.

Wall Street Analysts Forecast Growth

TEL has been the subject of several recent analyst reports. Zacks Research lowered TE Connectivity from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 24th. Wells Fargo & Company boosted their price objective on TE Connectivity from $198.00 to $215.00 and gave the stock an "equal weight" rating in a research note on Thursday, September 25th. The Goldman Sachs Group boosted their target price on TE Connectivity from $228.00 to $263.00 and gave the stock a "buy" rating in a report on Monday, September 29th. Barclays initiated coverage on TE Connectivity in a report on Tuesday, October 7th. They set an "overweight" rating and a $249.00 target price on the stock. Finally, Bank of America upped their price objective on TE Connectivity from $168.00 to $190.00 and gave the company a "buy" rating in a report on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, TE Connectivity has an average rating of "Moderate Buy" and an average price target of $219.92.

TE Connectivity Stock Performance

NYSE:TEL opened at $214.55 on Monday. The firm has a market capitalization of $63.40 billion, a PE ratio of 44.42, a price-to-earnings-growth ratio of 2.31 and a beta of 1.26. The business's fifty day moving average price is $210.41 and its 200 day moving average price is $177.47. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $226.40.

TE Connectivity (NYSE:TEL - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating the consensus estimate of $2.08 by $0.19. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.TE Connectivity's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.91 earnings per share. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal 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 paid a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity's dividend payout ratio is currently 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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