34,879 Shares in TE Connectivity Ltd. $TEL Bought by Robinhood Asset Management LLC

Robinhood Asset Management LLC purchased a new stake in TE Connectivity Ltd. (NYSE:TEL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 34,879 shares of the electronics maker’s stock, valued at approximately $7,936,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Aaron Wealth Advisors LLC boosted its stake in shares of TE Connectivity by 36.7% during the 4th quarter. Aaron Wealth Advisors LLC now owns 2,947 shares of the electronics maker’s stock worth $671,000 after buying an additional 791 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of TE Connectivity in the fourth quarter valued at about $111,000. Sowell Financial Services LLC raised its holdings in TE Connectivity by 7.4% during the fourth quarter. Sowell Financial Services LLC now owns 1,503 shares of the electronics maker’s stock worth $342,000 after acquiring an additional 104 shares in the last quarter. Signaturefd LLC boosted its position in TE Connectivity by 9.6% during the fourth quarter. Signaturefd LLC now owns 8,488 shares of the electronics maker’s stock valued at $1,931,000 after purchasing an additional 741 shares during the last quarter. Finally, eCIO Inc. bought a new position in TE Connectivity in the fourth quarter valued at approximately $175,000. 91.43% of the stock is owned by institutional investors.

TE Connectivity Stock Performance

NYSE TEL opened at $210.06 on Tuesday. The stock has a market cap of $61.64 billion, a PE ratio of 30.31, a P/E/G ratio of 1.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a 50-day moving average of $216.29 and a 200-day moving average of $225.35. TE Connectivity Ltd. has a 52-week low of $116.30 and a 52-week high of $250.67.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.17. The firm had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.52 billion. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The business’s revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, sell-side analysts anticipate that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity announced that its board has authorized a share repurchase plan on Wednesday, March 11th that allows the company to repurchase $3.00 billion in shares. This repurchase authorization allows the electronics maker to purchase up to 5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

TE Connectivity Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s payout ratio is 40.98%.

Insider Activity at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $222.52, for a total value of $2,091,688.00. Following the completion of the sale, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,780,179.52. The trade was a 26.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the transaction, the executive vice president directly owned 21,810 shares in the company, valued at approximately $4,859,486.10. This represents a 22.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 32,945 shares of company stock worth $7,528,616 in the last ninety days. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TEL shares. Barclays upped their price objective on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, February 6th. UBS Group increased their price target on shares of TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research report on Wednesday, January 21st. Finally, Oppenheimer upped their target price on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $249.47.

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.