TE Connectivity Ltd. (NYSE:TEL) Receives $251.15 Average PT from Analysts

TE Connectivity Ltd. (NYSE:TEL) has earned an average rating of “Moderate Buy” from the fifteen research firms that are covering the stock, MarketBeat Ratings reports. Six research 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 twelve-month price objective among brokers that have covered the stock in the last year is $251.1538.

TEL has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of TE Connectivity in a report on Friday, July 24th. Citigroup dropped their price target on TE Connectivity from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. Barclays lifted their target price on TE Connectivity from $297.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 15th. UBS Group reaffirmed a “buy” rating and issued a $241.00 price objective on shares of TE Connectivity in a report on Thursday, July 23rd. Finally, Evercore reissued an “in-line” rating and set a $230.00 target price on shares of TE Connectivity in a report on Monday, June 22nd.

Institutional Trading of TE Connectivity

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System grew its stake in shares of TE Connectivity by 19,772.4% during the 2nd quarter. California State Teachers Retirement System now owns 92,477,499 shares of the electronics maker’s stock worth $18,644,389,000 after purchasing an additional 92,012,142 shares during the period. Norges Bank acquired a new stake in TE Connectivity during the fourth quarter valued at $938,706,000. Wellington Management Group LLP increased its holdings in TE Connectivity by 48.2% in the second quarter. Wellington Management Group LLP now owns 7,709,235 shares of the electronics maker’s stock valued at $1,554,259,000 after buying an additional 2,507,569 shares in the last quarter. J. Stern & Co. LLP acquired a new position in shares of TE Connectivity in the fourth quarter worth about $445,402,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of 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 worth $706,457,000 after acquiring an additional 1,721,235 shares in the last quarter. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Price Performance

Shares of TEL stock opened at $208.67 on Tuesday. TE Connectivity has a fifty-two week low of $190.27 and a fifty-two week high of $252.56. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.23 and a current ratio of 1.88. The firm has a market capitalization of $60.41 billion, a price-to-earnings ratio of 20.46, a PEG ratio of 1.40 and a beta of 1.16. The stock’s 50-day simple moving average is $205.62 and its 200-day simple moving average is $210.83.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.09. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. The company had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same period last year, the business earned $2.27 EPS. TE Connectivity’s revenue for the quarter was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. As a group, equities analysts forecast that TE Connectivity will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.78 per share. The ex-dividend date is Friday, August 21st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio (DPR) is presently 30.59%.

About TE Connectivity

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.