IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.15 Million Stock Position in TE Connectivity Ltd. $TEL

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its stake in shares of TE Connectivity Ltd. (NYSE:TEL) by 68.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,243 shares of the electronics maker’s stock after selling 11,587 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in TE Connectivity were worth $1,151,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TEL. Norges Bank acquired a new stake in shares of TE Connectivity in the 2nd quarter valued at approximately $609,158,000. Bank of America Corp DE raised its position in TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after acquiring an additional 1,352,152 shares in the last quarter. Dodge & Cox lifted its stake 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 acquiring an additional 1,017,323 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of TE Connectivity by 21.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,136,447 shares of the electronics maker’s stock valued at $697,694,000 after acquiring an additional 739,453 shares during the period. Finally, Bahl & Gaynor Inc. increased its stake in shares of TE Connectivity by 40,481.3% during the 2nd quarter. Bahl & Gaynor Inc. now owns 680,548 shares of the electronics maker’s stock worth $114,788,000 after purchasing an additional 678,871 shares during the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

TE Connectivity Stock Performance

NYSE:TEL opened at $216.36 on Friday. The stock has a 50 day simple moving average of $230.31 and a 200 day simple moving average of $222.36. The stock has a market cap of $63.49 billion, a P/E ratio of 31.22, a PEG ratio of 1.59 and a beta of 1.24. TE Connectivity Ltd. has a 1-year low of $116.30 and a 1-year high of $250.67. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37.

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

TE Connectivity Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. TE Connectivity’s payout ratio is currently 40.98%.

Wall Street Analyst Weigh In

TEL has been the subject of several recent analyst reports. Barclays raised their target price on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Oppenheimer raised TE Connectivity from a “market perform” rating to an “outperform” rating and set a $270.00 price objective for the company in a research report on Tuesday, January 27th. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a report on Monday, November 17th. Finally, The Goldman Sachs Group set a $306.00 price objective on shares of TE Connectivity in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $250.86.

About TE Connectivity

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.