19,063 TE Connectivity Ltd. $TEL Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 231.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,310 shares of the electronics maker’s stock after acquiring an additional 19,063 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in TE Connectivity were worth $5,989,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TEL. State Street Corp boosted its stake in shares of TE Connectivity by 5.7% in the 2nd quarter. State Street Corp now owns 13,639,381 shares of the electronics maker’s stock valued at $2,750,079,000 after purchasing an additional 730,084 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of TE Connectivity by 48.2% during the 2nd quarter. Wellington Management Group LLP now owns 7,709,235 shares of the electronics maker’s stock valued at $1,554,259,000 after purchasing an additional 2,507,569 shares during the last quarter. Baird Financial Group Inc. increased its position in TE Connectivity by 3.5% during the 2nd quarter. Baird Financial Group Inc. now owns 3,237,914 shares of the electronics maker’s stock worth $652,796,000 after purchasing an additional 109,020 shares in the last quarter. Dimensional Fund Advisors LP increased its position in TE Connectivity by 4.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,958,535 shares of the electronics maker’s stock worth $618,121,000 after purchasing an additional 118,284 shares in the last quarter. Finally, Amundi lifted its stake in TE Connectivity by 37.2% in the 1st quarter. Amundi now owns 2,256,878 shares of the electronics maker’s stock valued at $471,733,000 after purchasing an additional 612,180 shares during the last quarter. Institutional investors own 91.43% of the company’s stock.

Wall Street Analysts Forecast Growth

TEL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on shares of TE Connectivity from $260.00 to $235.00 and set a “neutral” rating on the stock in a research report on Thursday, July 16th. Wells Fargo & Company upped their price target on shares of TE Connectivity from $209.00 to $220.00 and gave the stock a “cautious” rating in a report on Friday, September 11th. Robert W. Baird increased their price target on TE Connectivity from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. UBS Group increased their price target on TE Connectivity from $241.00 to $253.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. Finally, Wall Street Zen raised TE Connectivity from a “hold” rating to a “buy” rating in a report on Sunday. Eleven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, TE Connectivity presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.07.

TE Connectivity Stock Performance

TE Connectivity stock opened at $212.47 on Tuesday. The business has a 50 day moving average of $210.24 and a 200-day moving average of $210.43. TE Connectivity Ltd. has a 1 year low of $190.27 and a 1 year high of $252.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.88 and a quick ratio of 1.23. The company has a market capitalization of $61.51 billion, a P/E ratio of 19.63, a P/E/G ratio of 1.25 and a beta of 1.14.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.09. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. The business had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same quarter last year, the business earned $2.27 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities research analysts predict that TE Connectivity Ltd. will post 11.49 earnings per share for the current year.

TE Connectivity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 20th will be given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, November 20th. TE Connectivity’s dividend payout ratio is 30.59%.

TE Connectivity Profile

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products help transmit power, data and signals across a range of applications, including vehicles, industrial equipment, communications networks, aerospace systems, medical devices and consumer electronics.

The company’s product portfolio includes connectors, terminals, relays, sensors, antennas, circuit-protection products, wire and cable assemblies, and related application tooling.