Evercore ISI Forecasts Strong Price Appreciation for TE Connectivity (NYSE:TEL) Stock

TE Connectivity (NYSE:TEL) had its target price increased by Evercore ISI from $250.00 to $260.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the electronics maker’s stock. Evercore ISI’s price target suggests a potential upside of 5.20% from the company’s current price.

Other research analysts have also issued reports about the company. Truist Financial lifted their target price on TE Connectivity from $200.00 to $255.00 and gave the stock a “hold” rating in a report on Thursday. Wells Fargo & Company lifted their target price on TE Connectivity from $215.00 to $241.00 and gave the stock an “equal weight” rating in a report on Thursday. KGI Securities upgraded TE Connectivity to a “hold” rating in a report on Thursday, July 24th. Citigroup lifted their target price on TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Barclays began coverage on TE Connectivity in a research note on Tuesday, October 7th. They issued an “overweight” rating and a $249.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $239.25.

TE Connectivity Stock Up 1.5%

Shares of NYSE:TEL opened at $247.14 on Thursday. The company has a 50 day moving average price of $218.96 and a two-hundred day moving average price of $187.54. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.96 and a current ratio of 1.56. The company has a market capitalization of $73.03 billion, a PE ratio of 40.19, a PEG ratio of 2.24 and a beta of 1.26. TE Connectivity has a 52 week low of $116.30 and a 52 week high of $247.92.

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

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 23,850 shares of the company’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 owned 25,976 shares in the company, valued at approximately $5,272,868.24. This represents a 47.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of TE Connectivity by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock worth $6,458,766,000 after purchasing an additional 410,910 shares during the last quarter. Dodge & Cox increased its holdings in TE Connectivity by 6.3% during the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after buying an additional 1,017,323 shares during the last quarter. State Street Corp increased its holdings in TE Connectivity by 0.8% during the second quarter. State Street Corp now owns 12,928,733 shares of the electronics maker’s stock worth $2,180,693,000 after buying an additional 100,040 shares during the last quarter. Wellington Management Group LLP increased its holdings in TE Connectivity by 17.2% during the first quarter. Wellington Management Group LLP now owns 7,459,195 shares of the electronics maker’s stock worth $1,054,133,000 after buying an additional 1,097,035 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in TE Connectivity by 7.1% during the second quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock worth $1,185,474,000 after buying an additional 464,853 shares during the last quarter. 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.