TE Connectivity Ltd. (NYSE:TEL) Short Interest Update

TE Connectivity Ltd. (NYSE:TEL) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 5,168,366 shares, a growth of 24.4% from the November 30th total of 4,156,075 shares. Based on an average daily volume of 2,202,453 shares, the short-interest ratio is currently 2.3 days. Approximately 1.8% of the company’s stock are short sold. Approximately 1.8% of the company’s stock are short sold. Based on an average daily volume of 2,202,453 shares, the short-interest ratio is currently 2.3 days.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. TD Cowen raised their target price on TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a report on Monday, November 17th. UBS Group increased their price objective on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Robert W. Baird boosted their target price on TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Evercore ISI increased their price target on TE Connectivity from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Finally, Wells Fargo & Company upped their price objective on shares of TE Connectivity from $241.00 to $245.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $244.85.

TE Connectivity Stock Down 1.3%

TEL opened at $227.43 on Friday. The business has a 50 day moving average of $233.74 and a 200-day moving average of $211.89. The stock has a market capitalization of $66.91 billion, a price-to-earnings ratio of 36.98, a P/E/G ratio of 1.75 and a beta of 1.24. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. TE Connectivity has a 1-year low of $116.30 and a 1-year high of $250.67.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 EPS for the quarter, beating the consensus estimate of $2.29 by $0.15. The firm had revenue of $4.75 billion during the quarter, compared to analysts’ expectations of $4.57 billion. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.95 EPS. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, sell-side analysts anticipate that TE Connectivity will post 8.05 earnings per share for the current year.

TE Connectivity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, February 20th. TE Connectivity’s payout ratio is currently 46.18%.

Insider Activity

In related news, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.15, for a total value of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares of the company’s stock, valued at approximately $11,246,066.45. The trade was a 64.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John S. Jenkins sold 25,021 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the transaction, the executive vice president directly owned 20,903 shares in the company, valued at approximately $5,178,300.19. The trade was a 54.48% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.90% of the stock is owned by insiders.

Institutional Trading of TE Connectivity

Several institutional investors have recently modified their holdings of TEL. Keel Point LLC raised its stake in shares of TE Connectivity by 5.7% in the third quarter. Keel Point LLC now owns 1,455 shares of the electronics maker’s stock valued at $319,000 after purchasing an additional 79 shares in the last quarter. Hudson Bay Capital Management LP bought a new stake in TE Connectivity in the 3rd quarter valued at $273,000. Saranac Partners Ltd acquired a new position in shares of TE Connectivity in the 3rd quarter valued at $166,000. Allworth Financial LP lifted its holdings in shares of TE Connectivity by 4.5% during the 3rd quarter. Allworth Financial LP now owns 2,530 shares of the electronics maker’s stock worth $555,000 after acquiring an additional 108 shares during the period. Finally, Swiss Life Asset Management Ltd boosted its position in shares of TE Connectivity by 81.9% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 83,943 shares of the electronics maker’s stock valued at $18,428,000 after acquiring an additional 37,786 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

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.