Analysts Set TE Connectivity Ltd. (NYSE:TEL) PT at $251.15

Shares of TE Connectivity Ltd. (NYSE:TEL) have received a consensus rating of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $251.1538.

A number of brokerages recently weighed in on TEL. UBS Group restated a “buy” rating and issued a $241.00 price objective on shares of TE Connectivity in a report on Thursday, July 23rd. Wells Fargo & Company cut their target price on TE Connectivity from $230.00 to $209.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Zacks Research cut TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Jefferies Financial Group raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Finally, Robert W. Baird dropped their price objective on TE Connectivity from $240.00 to $225.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd.

TE Connectivity Stock Performance

TE Connectivity stock opened at $216.39 on Friday. TE Connectivity has a twelve month low of $190.27 and a twelve month high of $252.56. The company has a quick ratio of 1.23, a current ratio of 1.88 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $62.65 billion, a P/E ratio of 21.21, a PEG ratio of 1.45 and a beta of 1.16. The stock’s 50 day moving average is $206.67 and its 200 day moving average is $213.20.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.09. The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.01 billion. TE Connectivity had a net margin of 15.61% and a return on equity of 24.59%. TE Connectivity’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities research analysts predict that TE Connectivity will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 21st. TE Connectivity’s dividend payout ratio (DPR) is presently 30.59%.

Insider Activity at TE Connectivity

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of TE Connectivity 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 sale, the insider owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. The trade was a 26.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Gulf International Bank UK Ltd lifted its stake in TE Connectivity by 0.3% in the fourth quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker’s stock valued at $3,412,000 after buying an additional 44 shares during the last quarter. MCF Advisors LLC grew its position in shares of TE Connectivity by 14.1% during the fourth quarter. MCF Advisors LLC now owns 364 shares of the electronics maker’s stock worth $83,000 after acquiring an additional 45 shares during the last quarter. Webster Bank N. A. grew its position in shares of TE Connectivity by 19.1% during the fourth quarter. Webster Bank N. A. now owns 287 shares of the electronics maker’s stock worth $65,000 after acquiring an additional 46 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in shares of TE Connectivity by 5.6% in the 4th quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker’s stock worth $202,000 after acquiring an additional 47 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of TE Connectivity by 4.2% in the 4th quarter. Harbour Investments Inc. now owns 1,193 shares of the electronics maker’s stock worth $271,000 after acquiring an additional 48 shares during the period. 91.43% of the stock is owned by hedge funds and other institutional investors.

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.