Truist Financial Increases TE Connectivity (NYSE:TEL) Price Target to $255.00

TE Connectivity (NYSE:TEL) had its price target increased by equities researchers at Truist Financial from $200.00 to $255.00 in a research report issued on Thursday, Marketbeat reports. The firm presently has a “hold” rating on the electronics maker’s stock. Truist Financial’s price objective indicates a potential upside of 3.18% from the company’s previous close.

A number of other brokerages also recently commented on TEL. KGI Securities upgraded TE Connectivity to a “hold” rating in a research note on Thursday, July 24th. Barclays initiated coverage on TE Connectivity in a research note on Tuesday, October 7th. They issued an “overweight” rating and a $249.00 target price on the stock. Evercore ISI boosted their target price on TE Connectivity from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Finally, Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 31st. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, TE Connectivity presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.25.

TE Connectivity Trading Up 1.5%

Shares of NYSE:TEL opened at $247.14 on Thursday. The firm has a fifty day moving average of $218.96 and a two-hundred day moving average of $187.54. The firm has a market capitalization of $73.03 billion, a P/E ratio of 40.19, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $247.92. 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 issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the previous year, the company posted $1.95 earnings per share. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities analysts expect that TE Connectivity will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Shadrak W. Kroeger sold 23,850 shares of TE Connectivity stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $202.99, for a total value of $4,841,311.50. Following the transaction, the insider owned 25,976 shares in the company, valued at $5,272,868.24. This trade represents a 47.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Princeton Global Asset Management LLC acquired a new position in shares of TE Connectivity during the 2nd quarter worth about $26,000. Costello Asset Management INC acquired a new position in shares of TE Connectivity during the 1st quarter worth about $28,000. Neo Ivy Capital Management acquired a new position in shares of TE Connectivity during the 2nd quarter worth about $30,000. Salomon & Ludwin LLC lifted its position in shares of TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 66 shares during the last quarter. Finally, Caldwell Trust Co acquired a new position in shares of TE Connectivity during the 2nd quarter worth about $31,000. Institutional investors 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.