TE Connectivity (NYSE:TEL) EVP John Jenkins Sells 6,155 Shares of Stock

TE Connectivity Ltd. (NYSE:TEL) EVP John Jenkins sold 6,155 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were 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. The trade was a 22.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TE Connectivity Stock Performance

NYSE TEL opened at $226.78 on Tuesday. TE Connectivity Ltd. has a fifty-two week low of $116.30 and a fifty-two week high of $250.67. The stock has a market cap of $66.54 billion, a PE ratio of 32.72, a PEG ratio of 1.64 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The firm’s fifty day moving average price is $230.33 and its two-hundred day moving average price is $222.95.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.17. The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.TE Connectivity’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.95 EPS. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. On average, equities analysts expect that TE Connectivity Ltd. will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date is Friday, February 20th. This represents a $2.84 annualized dividend and a yield of 1.3%. TE Connectivity’s dividend payout ratio (DPR) is currently 40.98%.

Analyst Ratings Changes

Several research firms have recently issued reports on TEL. Oppenheimer raised shares of TE Connectivity from a “market perform” rating to an “outperform” rating and set a $270.00 price target for the company in a research note on Tuesday, January 27th. Evercore raised their target price on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Wells Fargo & Company upped their price target on TE Connectivity from $245.00 to $249.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Truist Financial lifted their price objective on TE Connectivity from $240.00 to $244.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $250.86.

Institutional Investors Weigh In On TE Connectivity

Several institutional investors have recently bought and sold shares of TEL. Kohmann Bosshard Financial Services LLC purchased a new position in shares of TE Connectivity in the 4th quarter worth about $25,000. Princeton Global Asset Management LLC purchased a new stake in shares of TE Connectivity during the second quarter worth $26,000. Caitlin John LLC bought a new stake in shares of TE Connectivity during the 3rd quarter valued at $28,000. Aster Capital Management DIFC Ltd bought a new position in TE Connectivity in the 3rd quarter worth about $29,000. Finally, Neo Ivy Capital Management purchased a new position in TE Connectivity during the 2nd quarter valued at about $30,000. Institutional investors 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.