Wells Fargo & Company Forecasts Strong Price Appreciation for TE Connectivity (NYSE:TEL) Stock

TE Connectivity (NYSE:TEL) had its target price boosted by stock analysts at Wells Fargo & Company from $215.00 to $241.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the electronics maker’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 2.49% from the company’s current price.

A number of other equities research analysts also recently issued reports on TEL. Evercore ISI boosted their price target on TE Connectivity from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Bank of America increased their price target on TE Connectivity from $168.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, July 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of TE Connectivity in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on TE Connectivity from $186.00 to $204.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Finally, Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $239.25.

TE Connectivity Price Performance

TEL stock opened at $247.14 on Thursday. The stock has a 50-day moving average price of $218.96 and a two-hundred day moving average price of $187.54. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $247.92. The company has a current ratio of 1.56, a quick ratio of 0.96 and a debt-to-equity ratio of 0.38. The company has a market cap of $73.03 billion, a PE ratio of 40.19, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26.

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. 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 during the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the previous year, the business earned $1.95 earnings per share. The firm’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. As a group, research analysts predict that TE Connectivity will post 8.05 EPS for the current year.

Insider Buying and Selling

In related news, insider Shadrak W. Kroeger sold 23,850 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the completion of the transaction, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,272,868.24. This represents a 47.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in TE Connectivity by 1.1% in the second quarter. Vanguard Group Inc. now owns 38,292,320 shares of the electronics maker’s stock valued at $6,458,766,000 after purchasing an additional 410,910 shares during the last quarter. Dodge & Cox lifted its position in shares of 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 purchasing an additional 1,017,323 shares during the last quarter. State Street Corp lifted its position in shares of 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 purchasing an additional 100,040 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of 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 purchasing an additional 1,097,035 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of 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 purchasing an additional 464,853 shares during the last quarter. Hedge funds and other 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.