TE Connectivity (NYSE:TEL) Stock Acquired Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of TE Connectivity Ltd. NYSE: TEL. In a filing disclosed on June 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in TE Connectivity stock on May 22nd. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/25/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/20/2025.
• Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 6/20/2025.
• Purchased $1,001 - $15,000 in shares of Carvana NYSE: CVNA on 6/20/2025.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 6/20/2025.

TE Connectivity Price Performance

Shares of TEL stock traded down $0.32 during mid-day trading on Tuesday, hitting $179.19. 460,806 shares of the stock traded hands, compared to its average volume of 1,707,246. TE Connectivity Ltd. has a twelve month low of $116.30 and a twelve month high of $189.98. The firm has a market cap of $53.14 billion, a price-to-earnings ratio of 39.34, a price-to-earnings-growth ratio of 2.21 and a beta of 1.23. The company's 50-day simple moving average is $166.46 and its 200-day simple moving average is $152.09. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.08 and a current ratio of 1.51.

TE Connectivity (NYSE:TEL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The electronics maker reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.14. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $3.97 billion. TE Connectivity had a return on equity of 19.40% and a net margin of 8.67%. The business's revenue was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $1.86 earnings per share. As a group, equities research analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently declared 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 1.58%. The ex-dividend date is Friday, August 22nd. TE Connectivity's payout ratio is 62.42%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of TEL. 111 Capital increased its stake in TE Connectivity by 435.1% in the second quarter. 111 Capital now owns 9,124 shares of the electronics maker's stock valued at $1,539,000 after purchasing an additional 7,419 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of TE Connectivity by 4.2% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,430 shares of the electronics maker's stock worth $410,000 after purchasing an additional 98 shares in the last quarter. Hilltop National Bank purchased a new stake in shares of TE Connectivity during the 2nd quarter worth $70,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of TE Connectivity by 11.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,418 shares of the electronics maker's stock worth $7,078,000 after purchasing an additional 4,310 shares in the last quarter. Finally, Kennebec Savings Bank raised its stake in shares of TE Connectivity by 5.8% during the 2nd quarter. Kennebec Savings Bank now owns 4,152 shares of the electronics maker's stock worth $700,000 after buying an additional 228 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TEL shares. Citigroup upgraded shares of TE Connectivity from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $150.00 to $200.00 in a research report on Friday, July 11th. Bank of America boosted their target price on shares of TE Connectivity from $168.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, July 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of TE Connectivity in a research note on Friday, July 11th. JPMorgan Chase & Co. lifted their price target on shares of TE Connectivity from $148.00 to $186.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Finally, Robert W. Baird boosted their target price on shares of TE Connectivity from $147.00 to $153.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $177.10.

Insider Buying and Selling at TE Connectivity

In other news, SVP Malavika Sagar sold 3,125 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $160.00, for a total transaction of $500,000.00. Following the completion of the sale, the senior vice president owned 5,927 shares in the company, valued at approximately $948,320. The trade was a 34.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John S. Jenkins sold 30,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $149.39, for a total value of $4,481,700.00. Following the completion of the transaction, the executive vice president owned 24,625 shares of the company's stock, valued at approximately $3,678,728.75. This represents a 54.92% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 187,775 shares of company stock worth $29,596,059. Insiders own 0.90% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About TE Connectivity

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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