TE Connectivity (NYSE:TEL) Sets New 12-Month High – What’s Next?

Shares of TE Connectivity Ltd. (NYSE:TEL) reached a new 52-week high on Monday . The stock traded as high as $248.59 and last traded at $246.1270, with a volume of 44566 shares trading hands. The stock had previously closed at $247.01.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Citigroup increased their price objective on TE Connectivity from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday. KGI Securities upgraded TE Connectivity to a “hold” rating in a research report on Thursday, July 24th. Evercore ISI increased their price objective on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday. Wells Fargo & Company increased their price objective on TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, TE Connectivity currently has a consensus rating of “Moderate Buy” and an average price target of $239.25.

TE Connectivity Price Performance

The company has a fifty day simple moving average of $218.96 and a two-hundred day simple moving average of $188.38. The company has a market cap of $73.17 billion, a price-to-earnings ratio of 40.28, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The company has a quick ratio of 0.96, a current ratio of 1.56 and a debt-to-equity ratio of 0.38.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.15. The company had revenue of $4.75 billion for 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 company’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the business posted $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities research analysts anticipate that TE Connectivity Ltd. will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

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

Insider Activity at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 23,850 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total transaction of $4,841,311.50. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $5,272,868.24. This trade represents a 47.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. HHM Wealth Advisors LLC grew its position in shares of TE Connectivity by 11.8% in the 3rd quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker’s stock worth $89,000 after acquiring an additional 43 shares in the last quarter. Dakota Community Bank & Trust NA boosted its position in TE Connectivity by 5.4% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock worth $209,000 after acquiring an additional 49 shares during the period. Csenge Advisory Group boosted its position in TE Connectivity by 3.2% during the 3rd quarter. Csenge Advisory Group now owns 1,602 shares of the electronics maker’s stock worth $352,000 after acquiring an additional 50 shares during the period. Security National Bank of SO Dak boosted its position in TE Connectivity by 0.5% during the 2nd quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after acquiring an additional 50 shares during the period. Finally, Fidelis Capital Partners LLC boosted its position in TE Connectivity by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock worth $565,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 91.43% of the company’s stock.

About TE Connectivity

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.