TE Connectivity Ltd. (NYSE:TEL – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seventeen research firms that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $249.3846.
TEL has been the subject of several research reports. Evercore ISI lifted their price target on TE Connectivity from $250.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. lifted their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Barclays boosted their target price on shares of TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research report on Friday. Robert W. Baird lifted their price objective 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. Finally, Citigroup increased their target price on shares of TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th.
Read Our Latest Research Report on TEL
TE Connectivity Trading Down 3.2%
TE Connectivity (NYSE:TEL – Get Free Report) last issued its quarterly earnings data on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.17. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The company’s revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.95 earnings per share. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. Equities analysts anticipate that TE Connectivity will post 8.05 EPS for the current year.
TE Connectivity Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 20th. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.
Insider Buying and Selling
In related news, CFO Heath A. Mitts sold 82,300 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the sale, the chief financial officer owned 45,503 shares in the company, valued at $11,246,066.45. This represents a 64.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John S. Jenkins sold 25,021 shares of TE Connectivity stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total value of $6,198,452.33. Following the sale, the executive vice president owned 20,903 shares in the company, valued at $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.60% of the company’s stock.
Hedge Funds Weigh In On TE Connectivity
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TEL. Caitlin John LLC purchased a new position in TE Connectivity in the 3rd quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of TE Connectivity during the third quarter worth $29,000. Princeton Global Asset Management LLC bought a new position in shares of TE Connectivity in the second quarter worth $26,000. SOA Wealth Advisors LLC. grew its position in shares of TE Connectivity by 47.4% in the third 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 in the last quarter. Finally, Salomon & Ludwin LLC raised its stake in shares of TE Connectivity by 58.9% during the 2nd quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 66 shares during the period. Institutional investors own 91.43% of the company’s stock.
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.
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