TE Connectivity Ltd. (NYSE:TEL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of TE Connectivity Ltd. (NYSE:TEL) have received an average recommendation of “Moderate Buy” from the eighteen research firms that are currently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $249.4667.

A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a $250.00 price objective (down from $280.00) on shares of TE Connectivity in a research note on Tuesday. Wells Fargo & Company decreased their target price on shares of TE Connectivity from $249.00 to $214.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 11th. Oppenheimer raised their price target on shares of TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Finally, UBS Group lifted their price objective on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a report on Wednesday, January 14th.

Insiders Place Their Bets

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of TE Connectivity stock in a transaction on Monday, February 9th. The stock was sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the transaction, the executive vice president directly owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. This trade represents a 22.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $234.23, for a total transaction of $333,777.75. The SEC filing for this sale provides additional information. Insiders sold 32,945 shares of company stock worth $7,528,616 over the last three months. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of TE Connectivity

Several large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in TE Connectivity during the 4th quarter valued at $820,000. Sivia Capital Partners LLC grew its holdings in shares of TE Connectivity by 66.7% during the second quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock worth $425,000 after purchasing an additional 1,007 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of TE Connectivity by 11.1% during the second quarter. Lido Advisors LLC now owns 8,761 shares of the electronics maker’s stock worth $1,478,000 after purchasing an additional 872 shares during the last quarter. Fisher Asset Management LLC acquired a new stake in shares of TE Connectivity in the second quarter valued at $371,000. Finally, Quantbot Technologies LP bought a new position in shares of TE Connectivity in the second quarter valued at about $1,057,000. 91.43% of the stock is owned by institutional investors.

TE Connectivity Price Performance

Shares of NYSE:TEL opened at $209.22 on Friday. The firm has a market capitalization of $61.39 billion, a PE ratio of 30.19, a PEG ratio of 1.59 and a beta of 1.26. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. TE Connectivity has a 1-year low of $116.30 and a 1-year high of $250.67. The business’s 50 day moving average is $216.60 and its 200-day moving average is $225.23.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, January 21st. The electronics maker reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.52 billion. During the same period in the prior year, the company posted $1.95 earnings per share. TE Connectivity’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. Sell-side analysts predict that TE Connectivity will post 8.05 earnings per share for the current year.

TE Connectivity announced that its Board of Directors has authorized a share repurchase plan on Wednesday, March 11th that authorizes the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization authorizes the electronics maker to repurchase up to 5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

TE Connectivity Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be paid a $0.78 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.12 annualized dividend and a yield of 1.5%. This is a positive change from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s payout ratio is presently 40.98%.

About TE Connectivity

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.