TE Connectivity (NYSE:TEL) Given New $240.00 Price Target at Truist Financial

TE Connectivity (NYSE:TEL) had its target price reduced by equities researchers at Truist Financial from $244.00 to $240.00 in a report released on Thursday,Benzinga reports. The firm presently has a “hold” rating on the electronics maker’s stock. Truist Financial’s target price indicates a potential upside of 10.67% from the stock’s current price.

TEL has been the topic of a number of other research reports. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, February 6th. Barclays lowered their price target on shares of TE Connectivity from $302.00 to $297.00 and set an “overweight” rating for the company in a report on Thursday. UBS Group set a $261.00 price target on TE Connectivity in a research report on Thursday. HSBC cut TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price objective on the stock. in a research note on Thursday. Finally, Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $250.80.

TE Connectivity Price Performance

TE Connectivity stock traded down $4.18 during midday trading on Thursday, reaching $216.86. 2,370,970 shares of the stock traded hands, compared to its average volume of 2,276,919. The stock has a market cap of $63.63 billion, a P/E ratio of 31.29, a PEG ratio of 1.76 and a beta of 1.26. The stock’s fifty day moving average is $218.61 and its 200-day moving average is $226.51. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. TE Connectivity has a 12 month low of $137.86 and a 12 month high of $252.56.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The company’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, equities research analysts anticipate that TE Connectivity will post 11.08 EPS for the current year.

TE Connectivity announced that its Board of Directors has authorized a stock repurchase program on Wednesday, March 11th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the electronics maker to repurchase up to 5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Insider Activity at TE Connectivity

In other TE Connectivity news, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total value of $333,777.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $233.82, for a total value of $2,197,908.00. Following the completion of the sale, the insider owned 32,541 shares in the company, valued at approximately $7,608,736.62. The trade was a 22.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,345 shares of company stock worth $9,627,260 in the last quarter. 0.60% of the stock is owned by company insiders.

Institutional Trading of TE Connectivity

A number of large investors have recently modified their holdings of TEL. Norges Bank purchased a new position in TE Connectivity during the 4th quarter worth $938,706,000. J. Stern & Co. LLP purchased a new stake in TE Connectivity during the fourth quarter worth $445,402,000. Arrowstreet Capital Limited Partnership boosted its position in TE Connectivity by 124.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,105,167 shares of the electronics maker’s stock valued at $706,457,000 after acquiring an additional 1,721,235 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of TE Connectivity by 27.5% in the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock valued at $1,058,390,000 after acquiring an additional 1,352,152 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of TE Connectivity by 183.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,530,414 shares of the electronics maker’s stock worth $348,184,000 after acquiring an additional 990,703 shares in the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.

Key Headlines Impacting TE Connectivity

Here are the key news stories impacting TE Connectivity this week:

• Positive Sentiment: Q2 beat and strong guidance — TEL reported EPS of $2.73 (above consensus) and revenue of $4.74B, with management setting Q3 EPS guidance at $2.83 and revenue around $5.0B, signaling continued organic growth and margin improvement. TE Connectivity delivers results above guidance
• Positive Sentiment: Record orders and margin gains — company reported record orders (~$5.3B) and cited margin expansion versus prior year, which supports upside to near-term earnings power. TEL Q2 Earnings Beat on Record Orders
• Positive Sentiment: AI and end-market strength cited on the call — management and coverage note AI-related demand and robust Industrial/Transportation end-markets helped drive the “record quarter” narrative. That supports growth thesis beyond cyclical semiconductor exposure. TE Connectivity Rides AI Wave to Record Quarter
• Neutral Sentiment: Analyst target adjustment — Barclays trimmed its price target modestly from $302 to $297 but kept an Overweight rating, implying meaningful upside remains despite the small cut. This is a mild offset to negative headlines but still supportive long term. Barclays lowers target to $297
• Neutral Sentiment: Investor presentations/transcripts available — multiple call transcripts and the slide deck outline where growth is coming from and management’s margin assumptions; useful for modeling FY26/FY27 EPS. Earnings Call Transcript
• Negative Sentiment: Geopolitical risk and potential price actions — coverage highlights concerns around geopolitical exposure (mentions of Iran-related disruptions) and possible price increases, which inject uncertainty about supply chains and near-term demand elasticity. TE Connectivity Weighs Geopolitical Risks
• Negative Sentiment: Mixed-market reaction / profit-taking — despite beats, some outlets flagged a “mixed” quarter and the stock pulled back after hitting a near all-time high, suggesting investors are booking gains and parsing revenue/margin nuances. TE Connectivity Sinks After Mixed Q2

TE Connectivity Company 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.