UNIVEST FINANCIAL Corp Raises Stake in TE Connectivity Ltd. (NYSE:TEL)

01 Aug 2025, 08:52 by Renee Jackson · The Cerbat Gem

UNIVEST FINANCIAL Corp grew its stake in TE Connectivity Ltd. (NYSE:TEL – Free Report) by 2.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,597 shares of the electronics maker’s stock after acquiring an additional 1,501 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in TE Connectivity were worth $10,966,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Ballentine Partners LLC increased its position in TE Connectivity by 1.4% during the first quarter. Ballentine Partners LLC now owns 4,975 shares of the electronics maker’s stock worth $703,000 after purchasing an additional 68 shares during the last quarter. Vista Investment Management boosted its holdings in TE Connectivity by 0.5% in the 4th quarter. Vista Investment Management now owns 13,225 shares of the electronics maker’s stock valued at $1,891,000 after purchasing an additional 70 shares during the last quarter. Silvercrest Asset Management Group LLC grew its stake in shares of TE Connectivity by 2.1% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 3,732 shares of the electronics maker’s stock valued at $534,000 after buying an additional 75 shares during the period. Wedmont Private Capital increased its holdings in shares of TE Connectivity by 4.3% during the 1st quarter. Wedmont Private Capital now owns 1,944 shares of the electronics maker’s stock worth $275,000 after buying an additional 80 shares during the last quarter. Finally, AllSquare Wealth Management LLC raised its position in shares of TE Connectivity by 7.0% during the 1st quarter. AllSquare Wealth Management LLC now owns 1,274 shares of the electronics maker’s stock valued at $180,000 after buying an additional 83 shares during the period. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Insider Transactions at TE Connectivity

In other news, SVP Malavika Sagar sold 3,125 shares of TE Connectivity stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $160.00, for a total value of $500,000.00. Following the completion of the transaction, the senior vice president owned 5,927 shares in the company, valued at approximately $948,320. This trade represents a 34.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shadrak W. Kroeger sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $159.03, for a total transaction of $3,975,750.00. Following the sale, the insider owned 25,976 shares in the company, valued at $4,130,963.28. The trade was a 49.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 258,470 shares of company stock valued at $45,313,205 in the last 90 days. Insiders own 0.90% of the company’s stock.

TE Connectivity Stock Down 0.7%

Shares of NYSE:TEL opened at $205.23 on Friday. The firm has a market capitalization of $60.64 billion, a PE ratio of 42.49, a price-to-earnings-growth ratio of 2.47 and a beta of 1.23. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $212.76. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The firm’s 50-day moving average is $173.44 and its two-hundred day moving average is $155.56.

TE Connectivity (NYSE:TEL – Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.19. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.30 billion. TE Connectivity had a net margin of 8.78% and a return on equity of 20.22%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.91 EPS. Analysts predict that TE Connectivity Ltd. will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 22nd will be issued a $0.71 dividend. The ex-dividend date is Friday, August 22nd. This represents a $2.84 dividend on an annualized basis and a yield of 1.4%. TE Connectivity’s dividend payout ratio (DPR) is 58.80%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. UBS Group upped their price target on TE Connectivity from $185.00 to $201.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Citigroup raised their price objective on TE Connectivity from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Robert W. Baird boosted their price objective on shares of TE Connectivity from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday, July 24th. Finally, Truist Financial increased their target price on shares of TE Connectivity from $156.00 to $200.00 and gave the stock a “hold” rating in a research note on Thursday, July 24th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $194.80.

Read Our Latest Report on TE Connectivity

TE Connectivity Company Profile

(Free Report)

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.