Two Sigma Securities LLC Invests $1.24 Million in TE Connectivity Ltd. $TEL

Two Sigma Securities LLC bought a new position in shares of TE Connectivity Ltd. (NYSE:TEL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,156 shares of the electronics maker’s stock, valued at approximately $1,241,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its holdings in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 127 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new position in TE Connectivity in the second quarter valued at approximately $34,000. Commonwealth Retirement Investments LLC bought a new position in TE Connectivity in the fourth quarter valued at approximately $40,000. MV Capital Management Inc. acquired a new position in shares of TE Connectivity during the 4th quarter worth approximately $41,000. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of TE Connectivity by 118.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 192 shares of the electronics maker’s stock valued at $43,000 after buying an additional 104 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $205.47 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.88 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $59.49 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16. TE Connectivity Ltd. has a twelve month low of $190.27 and a twelve month high of $252.56. The company has a 50-day simple moving average of $205.09 and a two-hundred day simple moving average of $211.35.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 EPS for the quarter, topping the consensus estimate of $2.85 by $0.09. The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.01 billion. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $2.27 earnings per share. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. Analysts forecast that TE Connectivity Ltd. will post 11.48 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s dividend payout ratio is 30.59%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TEL shares. Weiss Ratings restated a “buy (b)” rating on shares of TE Connectivity in a report on Friday, July 24th. Citigroup decreased their price objective on shares of TE Connectivity from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Zacks Research lowered shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. UBS Group reiterated a “buy” rating and issued a $241.00 target price on shares of TE Connectivity in a research note on Thursday, July 23rd. Finally, Evercore reaffirmed an “in-line” rating and set a $230.00 price objective on shares of TE Connectivity in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $251.15.

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.