Financiere des Professionnels Fonds d investissement inc. Acquires 3,348 Shares of TE Connectivity Ltd. $TEL

Financiere des Professionnels Fonds d investissement inc. raised its holdings in TE Connectivity Ltd. (NYSE:TEL) by 10.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,901 shares of the electronics maker’s stock after purchasing an additional 3,348 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in TE Connectivity were worth $7,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TEL. ETF Portfolio Partners Inc. bought a new stake in TE Connectivity in the third quarter worth about $256,000. PDS Planning Inc bought a new position in TE Connectivity during the third quarter valued at $202,000. Physicians Financial Services Inc. purchased a new stake in TE Connectivity in the third quarter worth $242,000. Brookwood Investment Group LLC bought a new stake in shares of TE Connectivity in the third quarter valued at $431,000. Finally, SOA Wealth Advisors LLC. grew its stake in shares of TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after acquiring an additional 54 shares during the period. 91.43% of the stock is owned by hedge funds and other institutional investors.

TE Connectivity Trading Up 2.5%

NYSE TEL opened at $233.17 on Friday. The stock has a 50-day moving average of $233.69 and a 200-day moving average of $212.36. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The firm has a market cap of $68.60 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 1.75 and a beta of 1.24.

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

TE Connectivity Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a $0.71 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. TE Connectivity’s payout ratio is presently 46.18%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TEL shares. Evercore ISI upped their price objective on shares of TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Barclays increased their target price on TE Connectivity from $277.00 to $297.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. Finally, Wells Fargo & Company boosted their price target on shares of TE Connectivity from $241.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $244.85.

Insider Activity

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

TE Connectivity Company 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.