TE Connectivity Ltd. (NYSE:TEL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of TE Connectivity Ltd. (NYSE:TELGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $250.8571.

A number of equities research analysts recently weighed in on TEL shares. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company raised their price target on shares of TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Truist Financial upped their price objective on shares of TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Oppenheimer raised shares of TE Connectivity from a “market perform” rating to an “outperform” rating and set a $270.00 target price for the company in a research note on Tuesday, January 27th. Finally, Barclays upped their price target on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd.

Read Our Latest Stock Analysis on TEL

TE Connectivity Stock Performance

TE Connectivity stock opened at $225.34 on Friday. The stock has a market cap of $66.12 billion, a PE ratio of 32.52, a P/E/G ratio of 1.74 and a beta of 1.24. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $250.67. The business’s 50-day moving average price is $230.05 and its two-hundred day moving average price is $223.13.

TE Connectivity (NYSE:TELGet Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same period in the previous year, the firm posted $1.95 EPS. The firm’s revenue was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, analysts expect that TE Connectivity will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

Insider Activity at TE Connectivity

In related news, EVP John S. Jenkins sold 6,155 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $222.81, for a total value of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares of the company’s stock, valued at $4,859,486.10. The trade was a 22.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of TE Connectivity

Several hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new position in TE Connectivity during the fourth quarter worth $25,000. Caitlin John LLC purchased a new position in shares of TE Connectivity during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd purchased a new position in TE Connectivity during the 3rd quarter worth $29,000. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity during the second quarter valued at about $26,000. Finally, SOA Wealth Advisors LLC. grew its position in TE Connectivity by 47.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock worth $37,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 91.43% of the company’s stock.

About TE Connectivity

(Get Free Report)

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.

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Analyst Recommendations for TE Connectivity (NYSE:TEL)

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