John G Ullman & Associates Inc. Decreases Stock Holdings in TE Connectivity Ltd. $TEL

John G Ullman & Associates Inc. lowered its stake in TE Connectivity Ltd. (NYSE:TEL) by 3.5% in the first quarter, HoldingsChannel.com reports. The firm owned 95,325 shares of the electronics maker’s stock after selling 3,492 shares during the quarter. TE Connectivity comprises 2.6% of John G Ullman & Associates Inc.’s investment portfolio, making the stock its 6th largest position. John G Ullman & Associates Inc.’s holdings in TE Connectivity were worth $19,925,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Gulf International Bank UK Ltd boosted its position in TE Connectivity by 0.3% in the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock valued at $3,412,000 after buying an additional 44 shares during the last quarter. MCF Advisors LLC raised its position in shares of TE Connectivity by 14.1% during the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock worth $83,000 after acquiring an additional 45 shares during the last quarter. Webster Bank N. A. lifted its stake in shares of TE Connectivity by 19.1% during the fourth quarter. Webster Bank N. A. now owns 287 shares of the electronics maker’s stock valued at $65,000 after acquiring an additional 46 shares during the period. CYBER HORNET ETFs LLC lifted its stake in shares of TE Connectivity by 5.6% during the fourth quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock valued at $202,000 after acquiring an additional 47 shares during the period. Finally, Harbour Investments Inc. boosted its holdings in TE Connectivity by 4.2% in the fourth quarter. Harbour Investments Inc. now owns 1,193 shares of the electronics maker’s stock valued at $271,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Analysts Set New Price Targets

TEL has been the subject of several recent research reports. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Barclays raised their target price on shares of TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Evercore reiterated an “in-line” rating and set a $230.00 price target on shares of TE Connectivity in a research report on Monday, June 22nd. Wall Street Zen downgraded shares of TE Connectivity from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, HSBC lowered shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price objective on the stock. in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $255.31.

TE Connectivity Price Performance

Shares of TEL opened at $203.22 on Friday. The stock has a market cap of $59.32 billion, a P/E ratio of 20.76, a price-to-earnings-growth ratio of 1.42 and a beta of 1.17. TE Connectivity Ltd. has a 1 year low of $177.21 and a 1 year high of $252.56. The stock’s 50-day moving average price is $205.86 and its two-hundred day moving average price is $215.96. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.72 billion. During the same period in the prior year, the business posted $2.10 EPS. TE Connectivity’s revenue was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, equities analysts predict that TE Connectivity Ltd. will post 11.31 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a $0.78 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. TE Connectivity’s payout ratio is 31.87%.

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the sale, the insider owned 25,976 shares in the company, valued at $5,584,840. This represents a 26.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

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.