TE Connectivity Ltd. (NYSE:TEL) Receives $256.57 Average Price Target from Analysts

Shares of TE Connectivity Ltd. (NYSE:TEL) have received an average rating of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $256.5714.

TEL has been the subject of several research analyst reports. Wells Fargo & Company boosted their price target on shares of TE Connectivity from $214.00 to $226.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Wall Street Zen cut TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Saturday. HSBC cut TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 price objective on the stock. in a report on Thursday, April 23rd. Zacks Research upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, The Goldman Sachs Group set a $286.00 target price on shares of TE Connectivity in a report on Wednesday, April 22nd.

Insiders Place Their Bets

In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $233.82, for a total transaction of $2,197,908.00. Following the transaction, the insider owned 32,541 shares of the company’s stock, valued at $7,608,736.62. The trade was a 22.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Reuben M. Shaffer sold 1,425 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $234.23, for a total value of $333,777.75. The SEC filing for this sale provides additional information. Insiders have sold 42,345 shares of company stock valued at $9,627,260 in the last 90 days. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TE Connectivity

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in TE Connectivity in the fourth quarter valued at approximately $25,000. Caitlin John LLC bought a new position in shares of TE Connectivity during the 3rd quarter worth approximately $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of TE Connectivity during the 3rd quarter worth approximately $29,000. Geneos Wealth Management Inc. raised its stake in TE Connectivity by 189.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 127 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its holdings in TE Connectivity by 47.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 168 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 54 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

TE Connectivity Price Performance

TE Connectivity stock opened at $207.13 on Wednesday. The company has a current ratio of 1.89, a quick ratio of 1.20 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $60.46 billion, a P/E ratio of 21.16, a PEG ratio of 1.45 and a beta of 1.18. The business has a 50-day moving average of $215.32 and a 200-day moving average of $226.00. TE Connectivity has a 1 year low of $147.75 and a 1 year high of $252.56.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. TE Connectivity’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the company posted $2.10 EPS. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, equities analysts anticipate that TE Connectivity will post 11.28 EPS for the current year.

TE Connectivity declared that its board has initiated a share buyback program on Wednesday, March 11th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the electronics maker to reacquire up to 5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

TE Connectivity Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be given 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 an increase from TE Connectivity’s previous quarterly dividend of $0.71. TE Connectivity’s payout ratio is presently 29.01%.

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.