Osaic Holdings Inc. Buys 3,459 Shares of TE Connectivity Ltd. $TEL

Osaic Holdings Inc. increased its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 15.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,696 shares of the electronics maker’s stock after acquiring an additional 3,459 shares during the quarter. Osaic Holdings Inc.’s holdings in TE Connectivity were worth $4,291,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Midwestern Financial LLC IA purchased a new position in shares of TE Connectivity during the second quarter valued at about $391,000. Stance Capital LLC purchased a new position in TE Connectivity during the 2nd quarter valued at approximately $1,349,000. B. Riley Wealth Advisors Inc. purchased a new position in TE Connectivity during the 2nd quarter valued at approximately $1,250,000. Asset Dedication LLC increased its stake in TE Connectivity by 26.9% in the 2nd quarter. Asset Dedication LLC now owns 623 shares of the electronics maker’s stock worth $105,000 after acquiring an additional 132 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of TE Connectivity by 189.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 127 shares in the last quarter. 91.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TEL shares. The Goldman Sachs Group raised their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a report on Monday, September 29th. TD Cowen increased their price objective on shares of TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Zacks Research raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Finally, Truist Financial increased their price target on shares of TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average price target of $244.85.

Insider Buying and Selling at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the completion of the sale, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. 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 25,021 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the transaction, the executive vice president directly owned 20,903 shares in the company, valued at $5,178,300.19. This represents a 54.48% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.90% of the company’s stock.

TE Connectivity Price Performance

TE Connectivity stock opened at $231.90 on Thursday. TE Connectivity Ltd. has a 12-month low of $116.30 and a 12-month high of $250.67. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $233.41 and a 200-day moving average price of $209.49. The firm has a market capitalization of $68.22 billion, a PE ratio of 37.71, a price-to-earnings-growth ratio of 1.79 and a beta of 1.25.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating the consensus estimate of $2.29 by $0.15. The company had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The firm’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, equities research analysts forecast that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

TE Connectivity Profile

TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.

The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.