TE Connectivity (NYSE:TEL – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.050-3.050 for the period, compared to the consensus earnings per share estimate of 2.980. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion.
Analysts Set New Price Targets
TEL has been the subject of several research reports. Weiss Ratings raised shares of TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Jefferies Financial Group raised shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 15th. The Goldman Sachs Group set a $286.00 target price on shares of TE Connectivity in a research note on Wednesday, April 22nd. Barclays upped their target price on TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Finally, Wells Fargo & Company lifted their price target on shares of TE Connectivity from $226.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $255.31.
Get Our Latest Stock Report on TEL
TE Connectivity Stock Up 2.9%
TE Connectivity (NYSE:TEL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.10. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities research analysts anticipate that TE Connectivity will post 11.31 EPS for the current year.
TE Connectivity Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a $0.78 dividend. 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 is presently 31.87%.
Insider Activity at TE Connectivity
In other news, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction that occurred 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 owned 25,976 shares of the company’s stock, valued at $5,584,840. This trade represents a 26.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.
Hedge Funds Weigh In On TE Connectivity
A number of hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. lifted its stake in TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after buying an additional 127 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new stake in shares of TE Connectivity in the fourth quarter worth about $49,000. Resources Management Corp CT ADV acquired a new position in TE Connectivity during the 4th quarter worth approximately $66,000. Greenline Wealth Management LLC purchased a new position in TE Connectivity in the 4th quarter worth approximately $75,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in TE Connectivity in the third quarter valued at approximately $78,000. 91.43% of the stock is currently owned by hedge funds and other institutional investors.
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.
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