Schwartz Investment Counsel Inc. Raises Stock Position in TE Connectivity Ltd. $TEL

Schwartz Investment Counsel Inc. lifted its holdings in shares of TE Connectivity Ltd. (NYSE:TEL) by 102.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,100 shares of the electronics maker’s stock after purchasing an additional 3,600 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in TE Connectivity were worth $1,559,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in TE Connectivity in the 2nd quarter valued at approximately $609,158,000. Valeo Financial Advisors LLC increased its position in shares of TE Connectivity by 39,846.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,775,598 shares of the electronics maker’s stock worth $299,490,000 after acquiring an additional 1,771,153 shares during the period. Bank of America Corp DE raised its stake in shares of TE Connectivity by 27.5% in the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock valued at $1,058,390,000 after acquiring an additional 1,352,152 shares in the last quarter. Dodge & Cox boosted its holdings in TE Connectivity by 6.3% in the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after purchasing an additional 1,017,323 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in TE Connectivity by 21.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,136,447 shares of the electronics maker’s stock worth $697,694,000 after purchasing an additional 739,453 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

Insider Buying and Selling

In other TE Connectivity 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 value of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares in the company, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Citigroup boosted their price target on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $304.00 price objective on shares of TE Connectivity in a research report on Thursday. Finally, UBS Group increased their target price on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $248.23.

TE Connectivity Trading Down 0.3%

NYSE TEL opened at $241.23 on Monday. The firm’s fifty day moving average price is $231.98 and its 200 day moving average price is $217.75. TE Connectivity Ltd. has a 12 month low of $116.30 and a 12 month high of $250.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. The company has a market capitalization of $70.97 billion, a price-to-earnings ratio of 39.22, a price-to-earnings-growth ratio of 1.85 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, beating 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%. TE Connectivity’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, sell-side analysts expect that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is currently 46.18%.

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.