Brokerages Set TE Connectivity Ltd. (NYSE:TEL) Price Target at $251.93

TE Connectivity Ltd. (NYSE:TEL) has received a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $251.9286.

TEL has been the topic of several recent analyst reports. Wall Street Zen raised TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Zacks Research raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Oppenheimer lifted their price objective on shares of TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Weiss Ratings raised shares of TE Connectivity from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, February 6th. Finally, Truist Financial increased their target price on shares of TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd.

Insider Buying and Selling

In other news, EVP John S. Jenkins sold 6,155 shares of the company’s stock in a transaction on 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 owned 21,810 shares in the company, valued at $4,859,486.10. This represents a 22.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $222.52, for a total value of $2,091,688.00. Following the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,780,179.52. This represents a 26.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,945 shares of company stock valued at $7,528,616 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On TE Connectivity

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of TE Connectivity by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 38,421,283 shares of the electronics maker’s stock worth $8,741,226,000 after purchasing an additional 168,142 shares during the last quarter. Dodge & Cox lifted its stake in TE Connectivity by 6.3% during the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock valued at $2,874,104,000 after purchasing an additional 1,017,323 shares during the last quarter. State Street Corp boosted its holdings in TE Connectivity by 0.6% during the fourth quarter. State Street Corp now owns 13,105,219 shares of the electronics maker’s stock worth $2,981,572,000 after buying an additional 76,292 shares in the last quarter. Ameriprise Financial Inc. grew its position in TE Connectivity by 7.1% in the second quarter. Ameriprise Financial Inc. now owns 7,028,380 shares of the electronics maker’s stock worth $1,185,474,000 after buying an additional 464,853 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of TE Connectivity by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 6,284,933 shares of the electronics maker’s stock valued at $1,425,669,000 after buying an additional 161,967 shares in the last quarter. Institutional investors own 91.43% of the company’s stock.

TE Connectivity Price Performance

NYSE TEL opened at $197.63 on Tuesday. The company has a 50-day moving average price of $226.21 and a two-hundred day moving average price of $225.73. TE Connectivity has a 52 week low of $116.30 and a 52 week high of $250.67. The stock has a market cap of $57.99 billion, a price-to-earnings ratio of 28.52, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. 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 (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.17. The company had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.52 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.95 earnings per share. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Analysts forecast that TE Connectivity will post 8.05 EPS for the current year.

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

TE Connectivity Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.6%. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. The ex-dividend date is Friday, May 22nd. TE Connectivity’s payout ratio is 40.98%.

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.