Reuben Shaffer Buys Shares of TE Connectivity
Reuben Shaffer, SVP and Corporate Controller at TE Connectivity, purchased 5 shares on June 12, 2026.
Key Points
- Reuben Shaffer, a senior executive at TE Connectivity, bought 5 shares on June 12, 2026.
- TE Connectivity trades at $210.38 with a market cap of $61.4 billion and a P/E ratio of 21.5.
- Analysts maintain a 'buy' rating with a mean price target of $263.47 for TE Connectivity.
Reuben Shaffer, the Senior Vice President and Corporate Controller at TE Connectivity plc, purchased 5 shares of the company on June 12, 2026. This insider buying activity comes as TE Connectivity's stock trades around $210.38 on the NYSE.
Insider Buying and Selling at TE Connectivity plc
On June 12, 2026, Reuben Shaffer bought 5 shares of TE Connectivity, while Malavika Sagar, the SVP and Chief Human Resources Officer, purchased 4 shares. Earlier, on June 1, 2026, Shadrak Kroeger, President of Industrial Solutions, conducted multiple transactions, buying and selling 9,400 shares, with one sale under a planned transaction at $215 per share.
Other Institutional Activity in TE Connectivity
Among institutional investors, BlackRock, Inc. increased its stake in TE Connectivity by adding 3,213,980 shares, bringing its total to 25,910,278 shares valued at about $5.42 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established positions with 19,047,041 and 16,620,667 shares respectively, valued at $3.98 billion and $3.47 billion. Meanwhile, Dodge & Cox trimmed its holdings by 184,900 shares, ending with 14,688,950 shares worth approximately $3.07 billion.
TE Connectivity Stock Snapshot
Shares of NYSE:TEL are trading near $210.38. TE Connectivity has a market cap of $61.4 billion and a P/E ratio of 21.5. The stock's 52-week range is between $162.17 and $252.56, with moving averages of $214.49 for 50 days and $221.46 for 200 days. The company maintains a current ratio of 1.89 and a quick ratio of 1.05, with a debt-to-equity ratio of 43.8.
Recent Earnings
In its most recent earnings report, TE Connectivity reported revenue of $18.7 billion with a growth rate of 14.5%. The company achieved an EPS of $9.78, a net margin of 15.5%, and a return on equity of 22.7%. The next earnings announcement is scheduled for July 22, 2026.
Dividend
TE Connectivity offers an annual dividend rate of $2.98, yielding 1.42% with a payout ratio of 29%. This provides investors with a steady income stream alongside potential capital gains.
Analysts Set New Price Targets
On June 15, 2026, Barclays maintained its 'buy' rating for TE Connectivity with a price target of $300. UBS and Truist Securities also maintained their ratings, with UBS setting a target of $261 and Truist at $240. The consensus among 19 analysts is a 'buy' rating, with an average price target of $263.47.
About TE Connectivity
TE Connectivity plc, headquartered in Ballybrit, Ireland, is a global technology company specializing in connectivity and sensor solutions. With a workforce of 90,000, it serves various industries, including automotive, aerospace, and industrial machinery. The company operates through its Transportation Solutions and Industrial Solutions segments, offering products such as connectors, sensors, and fiber optics. Led by CEO Terrence R. Curtin, TE Connectivity aims to provide innovative solutions across the globe.
Bottom Line
Reuben Shaffer's recent purchase of TE Connectivity shares reflects ongoing insider interest in the company. TE Connectivity's stock performance, coupled with its strong market position and analyst support, makes it a company to watch. As always, remember that insider transactions are disclosed after the fact and may not indicate future intentions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.