Generali Asset Management SPA SGR Has $6.42 Million Position in TE Connectivity Ltd. $TEL

Generali Asset Management SPA SGR increased its position in shares of TE Connectivity Ltd. (NYSE:TELFree Report) by 9.7% in the third quarter, Holdings Channel reports. The institutional investor owned 29,222 shares of the electronics maker’s stock after buying an additional 2,583 shares during the period. Generali Asset Management SPA SGR’s holdings in TE Connectivity were worth $6,415,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity during the 2nd quarter worth approximately $26,000. Salomon & Ludwin LLC boosted its holdings in TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 66 shares during the last quarter. Neo Ivy Capital Management bought a new position in TE Connectivity in the second quarter valued at $30,000. Caldwell Trust Co acquired a new stake in TE Connectivity in the 2nd quarter valued at $31,000. Finally, Geneos Wealth Management Inc. lifted its position in 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 buying an additional 127 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

Insider Activity at TE Connectivity

In other news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following the transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TEL. JPMorgan Chase & Co. raised their price objective on TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Barclays raised their price target on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Robert W. Baird upped their price objective on TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. Truist Financial raised their target price on shares of TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a research note on Friday, December 19th. Finally, Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $244.85.

Get Our Latest Stock Report on TEL

TE Connectivity Stock Up 2.5%

TEL stock opened at $233.17 on Friday. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The business’s 50 day simple moving average is $233.69 and its 200 day simple moving average is $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. The firm has a market capitalization of $68.60 billion, a PE ratio of 37.91, a PEG ratio of 1.75 and a beta of 1.24.

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

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, February 20th. TE Connectivity’s dividend payout ratio is currently 46.18%.

TE Connectivity Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding TEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TELFree Report).

Institutional Ownership by Quarter for TE Connectivity (NYSE:TEL)

Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.