25,536 Shares in TE Connectivity Ltd. $TEL Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in TE Connectivity Ltd. (NYSE:TEL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,536 shares of the electronics maker’s stock, valued at approximately $5,810,000.

Other large investors also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in TE Connectivity during the 4th quarter valued at $25,000. Caitlin John LLC acquired a new stake in TE Connectivity during the 3rd quarter valued at $28,000. Aster Capital Management DIFC Ltd acquired a new stake in TE Connectivity during the 3rd quarter valued at $29,000. JFS Wealth Advisors LLC lifted its position in shares of TE Connectivity by 54.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock worth $42,000 after purchasing an additional 65 shares in the last quarter. Finally, Westfuller Advisors LLC lifted its position in shares of TE Connectivity by 120.2% in the fourth quarter. Westfuller Advisors LLC now owns 185 shares of the electronics maker’s stock worth $42,000 after purchasing an additional 101 shares in the last quarter. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Stock Performance

Shares of NYSE TEL opened at $196.31 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.20 and a current ratio of 1.89. The firm has a market cap of $57.30 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.42 and a beta of 1.18. The business’s 50-day simple moving average is $212.21 and its 200-day simple moving average is $224.26. TE Connectivity Ltd. has a 52 week low of $155.37 and a 52 week high of $252.56.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping the consensus estimate of $2.70 by $0.03. The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The business’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, equities research analysts expect that TE Connectivity Ltd. will post 11.28 earnings per share for the current fiscal year.

TE Connectivity Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be issued a $0.78 dividend. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. The ex-dividend date is Friday, May 22nd. This represents a $3.12 annualized dividend and a yield of 1.6%. TE Connectivity’s payout ratio is 29.01%.

TE Connectivity announced that its board has initiated a stock repurchase program on Wednesday, March 11th that authorizes the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the electronics maker to purchase up to 5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TEL. Truist Financial reduced their price target on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. Wells Fargo & Company lifted their price objective on TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Oppenheimer lifted their price objective on TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Wall Street Zen downgraded shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, HSBC downgraded shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 target price for the company. in a research report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $256.57.

Insider Buying and Selling

In other news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 28,200 shares of company stock valued at $6,211,332. Company insiders own 0.60% of the company’s stock.

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.