TE Connectivity Ltd. (NYSE:TEL – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are currently covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $255.3077.
Several equities research analysts have commented on TEL shares. Evercore reaffirmed an “in-line” rating and issued a $230.00 price target on shares of TE Connectivity in a report on Monday, June 22nd. The Goldman Sachs Group set a $286.00 price objective on TE Connectivity in a research note on Wednesday, April 22nd. Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Finally, HSBC cut TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price target for the company. in a research report on Thursday, April 23rd.
View Our Latest Stock Analysis on TE Connectivity
TE Connectivity Stock Performance
TE Connectivity (NYSE:TEL – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, beating the consensus estimate 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 net margin of 15.54% and a return on equity of 23.56%. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, analysts anticipate that TE Connectivity will post 11.31 EPS for the current year.
TE Connectivity Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s payout ratio is 31.87%.
Insider Activity
In related news, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the sale, the insider directly owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of TEL. Kohmann Bosshard Financial Services LLC purchased a new position in shares of TE Connectivity in the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. boosted its position in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 127 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new position in TE Connectivity during the fourth quarter worth approximately $40,000. MV Capital Management Inc. acquired a new stake in TE Connectivity in the fourth quarter valued at approximately $41,000. Finally, JFS Wealth Advisors LLC increased its position in shares of TE Connectivity by 54.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 184 shares of the electronics maker’s stock valued at $42,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.
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.
Read More
- Five stocks we like better than TE Connectivity
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.
