TE Connectivity Ltd. (NYSE:TEL) Announces $0.71 Quarterly Dividend

TE Connectivity Ltd. (NYSE:TEL) declared a quarterly dividend on Wednesday, December 17th. Stockholders of record on Friday, February 20th will be given a dividend of 0.71 per share by the electronics maker on Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th.

TE Connectivity has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 12 consecutive years. TE Connectivity has a payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect TE Connectivity to earn $8.91 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 31.9%.

TE Connectivity Stock Up 1.0%

NYSE TEL traded up $2.16 during trading hours on Thursday, hitting $224.89. 671,720 shares of the company traded hands, compared to its average volume of 1,847,478. The stock has a market capitalization of $66.16 billion, a price-to-earnings ratio of 36.59, a P/E/G ratio of 1.74 and a beta of 1.25. TE Connectivity has a twelve month low of $116.30 and a twelve month high of $250.67. The business’s 50-day moving average is $232.32 and its 200-day moving average is $207.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.56.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.15. TE Connectivity had a net margin of 10.67% and a return on equity of 21.18%. The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same period last year, the business posted $1.95 EPS. TE Connectivity’s revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. Sell-side analysts anticipate that TE Connectivity will post 8.05 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on TEL. UBS Group raised their target price on TE Connectivity from $260.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Robert W. Baird boosted their target price on shares of TE Connectivity from $222.00 to $238.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. Barclays raised their price objective on TE Connectivity from $277.00 to $297.00 and gave the company an “overweight” rating in a report on Friday, November 21st. Evercore ISI upped their target price on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Finally, Truist Financial reduced their price target on TE Connectivity from $255.00 to $239.00 and set a “hold” rating on the stock in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, TE Connectivity has a consensus rating of “Moderate Buy” and a consensus target price of $244.77.

About TE Connectivity

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.