TE Connectivity Ltd. (NYSE:TEL) Receives $241.58 Average PT from Analysts

TE Connectivity Ltd. (NYSE:TEL) has earned an average rating of “Moderate Buy” from the sixteen research firms that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $241.5833.

A number of analysts recently issued reports on the stock. The Goldman Sachs Group increased their target price on shares of TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. boosted their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Robert W. Baird increased their price objective on shares of TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. Citigroup lifted their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, KGI Securities raised shares of TE Connectivity to a “hold” rating in a research report on Thursday, July 24th.

TE Connectivity Trading Down 0.2%

TEL stock opened at $247.29 on Wednesday. TE Connectivity has a 52 week low of $116.30 and a 52 week high of $250.67. The company has a market cap of $73.07 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The business has a fifty day simple moving average of $224.44 and a 200-day simple moving average of $193.83.

TE Connectivity (NYSE:TEL) last posted its quarterly earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.95 earnings per share. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities research analysts expect that TE Connectivity will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a $0.71 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $2.84 annualized dividend and a dividend yield of 1.1%. TE Connectivity’s dividend payout ratio is presently 46.18%.

Insider Activity at TE Connectivity

In related news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total transaction of $20,340,445.00. Following the transaction, the chief financial officer directly owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 131,171 shares of company stock worth $31,380,209. 0.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On TE Connectivity

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC purchased a new position in TE Connectivity in the 2nd quarter valued at about $26,000. Costello Asset Management INC bought a new position in shares of TE Connectivity during the first quarter worth about $28,000. Neo Ivy Capital Management acquired a new position in shares of TE Connectivity in the 2nd quarter worth approximately $30,000. Salomon & Ludwin LLC increased its stake in TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 66 shares during the last quarter. Finally, Caldwell Trust Co bought a new stake in shares of TE Connectivity during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.