TE Connectivity (NYSE:TEL) Given New $209.00 Price Target at Wells Fargo & Company

TE Connectivity (NYSE:TEL) had its price objective trimmed by Wells Fargo & Company from $230.00 to $209.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has an equal weight rating on the electronics maker’s stock.

TEL has been the topic of several other research reports. Zacks Research downgraded TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 8th. Wall Street Zen upgraded TE Connectivity from a “hold” rating to a “buy” rating in a research note on Monday. Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. The Goldman Sachs Group set a $286.00 target price on TE Connectivity in a research note on Wednesday, April 22nd. Finally, Evercore reaffirmed an “in-line” rating and set a $230.00 target price on shares of TE Connectivity in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and an average price target of $251.15.

TE Connectivity Stock Performance

NYSE TEL opened at $198.87 on Thursday. The company’s 50 day moving average is $205.41 and its 200-day moving average is $215.09. TE Connectivity has a 12-month low of $190.27 and a 12-month high of $252.56. The company has a quick ratio of 1.20, a current ratio of 1.88 and a debt-to-equity ratio of 0.42. The firm has a market cap of $58.05 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 1.40 and a beta of 1.17.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 EPS for the quarter, topping the consensus estimate of $2.85 by $0.09. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. The company had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the firm earned $2.27 EPS. TE Connectivity’s revenue for the quarter was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. Sell-side analysts predict that TE Connectivity will post 11.31 earnings per share for the current year.

TE Connectivity Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s dividend payout ratio (DPR) is currently 31.87%.

Insider Transactions at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the completion of the transaction, the insider owned 25,976 shares of the company’s stock, valued at $5,584,840. The trade was a 26.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

Institutional Trading of TE Connectivity

A number of hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC bought a new stake in TE Connectivity during the fourth quarter worth about $820,000. Sivia Capital Partners LLC increased its position in shares of TE Connectivity by 66.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,517 shares of the electronics maker’s stock valued at $425,000 after purchasing an additional 1,007 shares during the last quarter. Walleye Capital LLC raised its holdings in shares of TE Connectivity by 14.6% during the 2nd quarter. Walleye Capital LLC now owns 2,688 shares of the electronics maker’s stock valued at $453,000 after buying an additional 343 shares in the last quarter. Squarepoint Ops LLC lifted its position in TE Connectivity by 1,214.0% in the 2nd quarter. Squarepoint Ops LLC now owns 105,267 shares of the electronics maker’s stock worth $17,755,000 after buying an additional 97,256 shares during the last quarter. Finally, Ieq Capital LLC boosted its stake in TE Connectivity by 75.0% in the second quarter. Ieq Capital LLC now owns 23,284 shares of the electronics maker’s stock worth $3,927,000 after buying an additional 9,980 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

More TE Connectivity News

Here are the key news stories impacting TE Connectivity this week:

• Positive Sentiment: TE Connectivity reported fiscal Q3 results that beat expectations, with earnings of $2.94 per share and revenue of $5.16 billion, while sales rose 14% year over year on record demand. Article: TE Connectivity delivers results above guidance with 14% sales growth and 19% EPS growth in third quarter of fiscal 2026
• Positive Sentiment: The company issued upbeat Q4 guidance above Wall Street expectations, reinforcing confidence in continued double-digit sales and earnings growth. Article: TE Connectivity projects upbeat quarterly results amid strong AI tools demand
• Positive Sentiment: Analysts highlighted improving earnings estimate revisions and an average price target that implies roughly 27% upside, which can support bullish sentiment. Article: Wall Street Analysts Believe TE Connectivity (TEL) Could Rally 26.98%: Here’s is How to Trade
• Positive Sentiment: Momentum-focused coverage also pointed to TE Connectivity as a strong momentum name after the earnings beat and favorable demand trends. Article: Here’s Why TE Connectivity (TEL) is a Strong Momentum Stock
• Neutral Sentiment: Options activity showed elevated call buying, suggesting traders are positioning for more upside after the earnings release. Article: Stock Traders Purchase High Volume of Call Options on TE Connectivity (NYSE:TEL)
• Negative Sentiment: Wells Fargo cut its price target on TE Connectivity to $209 from $230, even while keeping an equal-weight rating, which may temper enthusiasm. Article: Wells Fargo lowered TE Connectivity price target
• Negative Sentiment: Some commentary suggested the shares may already be fairly valued after the recent earnings-driven move, raising the risk of consolidation. Article: TE Connectivity (TEL) Stock Looks Fully Priced Despite Cheap Earnings
• Negative Sentiment: News that TE Connectivity is falling after a $1.4 billion Astrodyne deal overshadowed its earnings and outlook beat suggests investors are also weighing acquisition-related concerns. Article: TE Connectivity falls as $1.4B Astrodyne deal overshadows earnings, outlook beat

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.