TE Connectivity Ltd. (NYSE:TEL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TE Connectivity Ltd. (NYSE:TEL) have received a consensus rating of “Moderate Buy” from the seventeen research firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $251.9286.

Several brokerages recently weighed in on TEL. TD Cowen restated a “buy” rating on shares of TE Connectivity in a research note on Monday, November 17th. Wall Street Zen upgraded shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Zacks Research upgraded shares of TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Truist Financial upped their price target on shares of TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group set a $306.00 price target on shares of TE Connectivity in a report on Wednesday, January 21st.

TE Connectivity Trading Down 0.3%

NYSE TEL opened at $235.54 on Friday. TE Connectivity has a 52 week low of $116.30 and a 52 week high of $250.67. The company has a 50 day moving average price of $230.12 and a 200 day moving average price of $223.99. The company has a quick ratio of 1.07, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The firm has a market cap of $69.12 billion, a PE ratio of 33.99, a price-to-earnings-growth ratio of 1.80 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last released its quarterly earnings results on Wednesday, January 21st. The electronics maker reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.17. TE Connectivity had a net margin of 11.41% and a return on equity of 22.72%. The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same period in the previous year, the company earned $1.95 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. TE Connectivity has set its Q2 2026 guidance at 2.650-2.650 EPS. As a group, sell-side analysts forecast that TE Connectivity will post 8.05 EPS for the current fiscal year.

TE Connectivity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 20th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.84 dividend on an annualized basis and a yield of 1.2%. TE Connectivity’s payout ratio is currently 40.98%.

Insider Buying and Selling at TE Connectivity

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the transaction, the executive vice president directly owned 21,810 shares of the company’s stock, valued at approximately $4,859,486.10. This trade represents a 22.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Reuben M. Shaffer sold 1,425 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $234.23, for a total transaction of $333,777.75. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 23,545 shares of company stock worth $5,436,928. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TEL. Caisse de depot et placement du Quebec acquired a new stake in TE Connectivity during the 4th quarter worth about $35,279,000. DV Equities LLC acquired a new stake in TE Connectivity during the fourth quarter worth about $94,000. EFG International AG purchased a new position in TE Connectivity during the fourth quarter valued at approximately $182,000. Cetera Investment Advisers lifted its holdings in TE Connectivity by 1.9% in the fourth quarter. Cetera Investment Advisers now owns 77,374 shares of the electronics maker’s stock valued at $17,603,000 after acquiring an additional 1,442 shares during the period. Finally, Lazard Asset Management LLC boosted its position in TE Connectivity by 9.3% in the 4th quarter. Lazard Asset Management LLC now owns 452,066 shares of the electronics maker’s stock worth $102,850,000 after purchasing an additional 38,513 shares in the last quarter. 91.43% of the stock is currently owned by institutional investors and hedge funds.

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.