Insider Selling: TE Connectivity (NYSE:TEL) Insider Sells 23,850 Shares of Stock

Key Points

• Shadrak Kroeger, an insider at TE Connectivity, sold **23,850 shares** at an average price of $202.99, worth approximately **$4.84 million**, resulting in a **47.87% ownership decrease**.
• The company recently reported **earnings of $2.27 per share**, exceeding estimates, with revenues of **$4.53 billion**, a **13.9% year-over-year increase**.
• TE Connectivity announced a quarterly dividend of **$0.71 per share**, equating to an annual yield of **1.4%**, with the payout ratio set at **58.80%**.

TE Connectivity Ltd. (NYSE:TEL - Get Free Report) insider Shadrak Kroeger sold 23,850 shares of the business's stock in a transaction dated 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 transaction, the insider owned 25,976 shares of the company's stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

TE Connectivity Trading Up 0.1%

Shares of TE Connectivity stock traded up $0.30 during trading on Wednesday, hitting $204.86. 306,917 shares of the company were exchanged, compared to its average volume of 1,827,858. The firm has a market capitalization of $60.53 billion, a P/E ratio of 42.36, a price-to-earnings-growth ratio of 2.45 and a beta of 1.23. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $212.76. The firm's fifty day moving average price is $192.22 and its 200 day moving average price is $164.46. 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 (NYSE:TEL - Get Free Report) last posted its earnings results 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 return on equity of 20.22% and a net margin of 8.78%.The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the company earned $1.91 EPS. The company's revenue for the quarter 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. As a group, sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

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

Institutional Investors Weigh In On TE Connectivity

Several large investors have recently added to or reduced their stakes in TEL. Vanguard Group Inc. grew its stake in TE Connectivity by 17.0% during the first quarter. Vanguard Group Inc. now owns 37,881,410 shares of the electronics maker's stock worth $5,353,401,000 after purchasing an additional 5,502,415 shares during the period. Norges Bank acquired a new stake in TE Connectivity during the second quarter worth approximately $609,158,000. Valeo Financial Advisors LLC grew its stake in TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker's stock worth $299,490,000 after purchasing an additional 1,771,153 shares during the period. Bank of America Corp DE grew its stake in TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker's stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares during the period. Finally, Nuveen LLC acquired a new stake in TE Connectivity in the first quarter valued at approximately $174,700,000. Institutional investors and hedge funds own 91.43% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on TE Connectivity from $186.00 to $204.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. The Goldman Sachs Group restated a "buy" rating on shares of TE Connectivity in a research note on Friday, July 11th. Bank of America boosted their target price on TE Connectivity from $168.00 to $190.00 and gave the company a "buy" rating in a research note on Thursday, July 10th. UBS Group upped their price objective on TE Connectivity from $185.00 to $201.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Finally, KGI Securities upgraded TE Connectivity to a "hold" rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, TE Connectivity presently has a consensus rating of "Moderate Buy" and an average price target of $199.55.

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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