<div id="readability-page-1"><p>Wedge Capital Management L L P NC lowered its stake in shares of  TE Connectivity Ltd. (NYSE:TEL - Free Report) by 7.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 334,111 shares of the electronics maker's stock after selling 27,661 shares during the period. TE Connectivity makes up  approximately  1.2% of Wedge Capital Management L L P NC's portfolio, making the stock its 5th biggest holding. Wedge Capital Management L L P NC owned about 0.11% of TE Connectivity worth $73,347,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>TE Connectivity</strong> alerts:</span></p></div><ul><li>3 Stocks Quietly Leveraging AI While Everyone Chases NVIDIA</li></ul><p>Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Princeton Global Asset Management LLC bought a new stake in  TE Connectivity during the second quarter worth $26,000.  Neo Ivy Capital Management purchased a new position in  TE Connectivity during the 2nd quarter worth $30,000.  Salomon &amp; Ludwin LLC grew its stake in shares of  TE Connectivity by 58.9% in the 2nd quarter. Salomon &amp; Ludwin LLC now owns 178 shares of the electronics maker's stock worth $31,000 after acquiring an additional 66 shares in the last quarter.  Caldwell Trust Co purchased a new stake in shares of  TE Connectivity in the second quarter valued at about $31,000.  Finally, Richardson Financial Services Inc. bought a new position in shares of  TE Connectivity during the second quarter valued at about $33,000. 91.43% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Activity at TE Connectivity</h2><p>In other news, EVP John S. Jenkins sold 25,021 shares of the firm's stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following the completion of the transaction, the executive vice president directly owned 20,903 shares of the company's stock, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CFO Heath A. Mitts sold 82,300 shares of the business's stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer owned 45,503 shares in the company, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is currently owned by company insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>Insiders Sold Big at These 3 Stocks—Should You Worry?</li></ul><p>Several equities research analysts have commented on the stock. The Goldman Sachs Group increased their price objective on shares of TE Connectivity from $228.00 to $263.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, September 29th. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of TE Connectivity in a research report on Wednesday, October 8th. Citigroup boosted their price objective on TE Connectivity from $250.00 to $290.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, October 30th. Wells Fargo &amp; Company upped their price objective on TE Connectivity from $241.00 to $245.00 and gave the company an &#34;equal weight&#34; rating in a research note on Tuesday, December 9th. Finally, Wall Street Zen upgraded TE Connectivity from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research note on Saturday, November 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have issued  a Buy rating and five have issued  a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $244.85.</p><p><b>Read Our Latest Stock Analysis on TEL</b></p><h2>TE Connectivity Stock Performance</h2><ul><li>This mid-cap tech stock just jumped 30%...and is still cheap</li></ul><p>Shares of TEL opened at $230.18 on Friday. TE Connectivity Ltd. has a 1 year low of $116.30 and a 1 year high of $250.67. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.56 and a quick ratio of 1.03. The stock's fifty day moving average price is $232.70 and its two-hundred day moving average price is $208.03. The firm has a market cap of $67.72 billion, a PE ratio of 37.43, a PEG ratio of 1.77 and a beta of 1.25. </p><p>TE Connectivity (NYSE:TEL - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.15. The company had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The firm's revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS.  On average, equities research analysts forecast that  TE Connectivity Ltd. will post 8.05 EPS for the current year. </p><h2>TE Connectivity Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity's dividend payout ratio  is presently 46.18%. </p><h2>About TE Connectivity</h2> (Free Report)<p>TE Connectivity <span>NYSE: TEL<span></span></span> 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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than TE Connectivity</li><li>Consumer Staples Stocks, Explained</li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>Ride Out The Recession With These Dividend Kings </li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>What Are Dividend Contenders? Investing in Dividend Contenders</li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p><strong>Want to see what other hedge funds are holding TEL?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TEL - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRFTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRFTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TE Connectivity Right Now?</h2><p>Before you consider TE Connectivity, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TE Connectivity wasn't on the list.</p><p>While TE Connectivity currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wedge Capital Management L L P NC reduced its stake in TE Connectivity Ltd. by 7.6% in Q3, selling 27,661 shares. The fund now owns 334,111 shares, worth $73,347,000, making TE Connectivity its 5th largest holding. Several other institutional investors also modified their holdings. TE Connectivity's stock has a consensus rating of 'Moderate Buy' with an average target price of $244.85.</p>

Wedge Capital Management L L P NC Sells 27,661 Shares of TE Connectivity Ltd. $TEL