9,897 Shares in TE Connectivity Ltd. $TEL Purchased by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,897 shares of the electronics maker’s stock, valued at approximately $2,252,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D boosted its holdings in TE Connectivity by 7.0% during the third quarter. State of New Jersey Common Pension Fund D now owns 103,287 shares of the electronics maker’s stock worth $22,675,000 after purchasing an additional 6,755 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in TE Connectivity during the fourth quarter worth about $1,983,000. Power Wealth Management LLC boosted its holdings in TE Connectivity by 226.5% during the third quarter. Power Wealth Management LLC now owns 8,979 shares of the electronics maker’s stock worth $1,971,000 after purchasing an additional 6,229 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in TE Connectivity by 2,766.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 277,270 shares of the electronics maker’s stock worth $63,082,000 after purchasing an additional 267,598 shares during the last quarter. Finally, Bowen Hanes & Co. Inc. purchased a new position in TE Connectivity in the third quarter valued at about $42,808,000. 91.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. The Goldman Sachs Group set a $286.00 target price on shares of TE Connectivity in a research note on Wednesday, April 22nd. Barclays dropped their target price on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Wall Street Zen cut shares of TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Wells Fargo & Company boosted their target price on shares of TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Finally, Weiss Ratings upgraded shares of TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, TE Connectivity currently has an average rating of “Moderate Buy” and a consensus target price of $256.57.

TE Connectivity Stock Performance

Shares of TEL stock opened at $210.37 on Friday. The stock has a market capitalization of $61.40 billion, a P/E ratio of 21.49, a PEG ratio of 1.49 and a beta of 1.16. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. The firm’s 50 day moving average is $214.51 and its 200 day moving average is $220.63. TE Connectivity Ltd. has a 12 month low of $162.17 and a 12 month high of $252.56.

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. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. TE Connectivity’s revenue was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, sell-side analysts anticipate that TE Connectivity Ltd. will post 11.28 earnings per share for the current year.

TE Connectivity Announces Dividend

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

TE Connectivity announced that its Board of Directors has approved a share buyback plan on Wednesday, March 11th that allows the company to buyback $3.00 billion in outstanding shares. This buyback authorization allows the electronics maker to purchase up to 5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $5,584,840. This represents a 26.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 28,200 shares of company stock worth $6,140,644. Corporate 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.