New York State Teachers Retirement System Trims Holdings in TE Connectivity Ltd. $TEL

02 May 2026, 08:41 by Renee Jackson · The Cerbat Gem

New York State Teachers Retirement System reduced its holdings in shares of TE Connectivity Ltd. (NYSE:TEL – Free Report) by 1.6% during the 4th quarter, HoldingsChannel reports. The firm owned 224,199 shares of the electronics maker’s stock after selling 3,578 shares during the period. New York State Teachers Retirement System’s holdings in TE Connectivity were worth $51,008,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of TEL. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of TE Connectivity during the fourth quarter worth about $25,000. Caitlin John LLC acquired a new position in TE Connectivity in the 3rd quarter valued at about $28,000. Aster Capital Management DIFC Ltd acquired a new position in TE Connectivity in the 3rd quarter valued at about $29,000. Geneos Wealth Management Inc. raised its stake in TE Connectivity by 189.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. Finally, SOA Wealth Advisors LLC. lifted its position in TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after acquiring an additional 54 shares during the period. 91.43% of the stock is currently owned by institutional investors and hedge funds.

TE Connectivity Price Performance

Shares of NYSE TEL opened at $207.43 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.20 and a current ratio of 1.89. TE Connectivity Ltd. has a one year low of $147.75 and a one year high of $252.56. The firm has a market capitalization of $60.55 billion, a P/E ratio of 21.19, a PEG ratio of 1.50 and a beta of 1.26. The company’s fifty day moving average is $215.86 and its two-hundred day moving average is $226.02.

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

TE Connectivity Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.78 per share. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio is presently 31.87%.

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

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group lowered their target price on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. The Goldman Sachs Group set a $286.00 price target on TE Connectivity in a report on Wednesday, April 22nd. Jefferies Financial Group raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Barclays cut their price objective on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating for the company in a research report 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. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $256.57.

View Our Latest Stock Report on TEL

Insiders Place Their Bets

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the sale, the executive vice president owned 21,810 shares of the company’s stock, valued at $4,859,486.10. This represents a 22.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 42,345 shares of company stock worth $9,627,260. Insiders own 0.60% of the company’s stock.

TE Connectivity Company Profile

(Free Report)

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.