TE Connectivity Ltd. (NYSE:TEL – Get Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $251.92 and last traded at $252.0030, with a volume of 196894 shares. The stock had previously closed at $247.66.
TE Connectivity News Roundup
Here are the key news stories impacting TE Connectivity this week:
- Positive Sentiment: TE reported Q2 results above guidance: $2.73 EPS vs. $2.70 consensus and $4.74B sales (up ~15% y/y); management cited record orders and margin improvement — supportive fundamentals for earnings growth. PR Newswire Release
- Positive Sentiment: Orders hit a record $5.3B and the company guided Q3 to ~$5.0B revenue and $2.83 EPS — slightly above consensus — which supports near-term revenue/earnings momentum. Zacks: Record Orders & Margin Gains
- Positive Sentiment: Management highlighted AI-related demand (connectivity components for data centers, electric vehicle/industrial automation) as a growth driver — a thematic catalyst that investors had been rewarding. TipRanks: Rides AI Wave
- Neutral Sentiment: The full earnings call transcript and slides are available for detail on segment performance and margin drivers; these contain the nuances investors parsed after the print. Earnings Call Transcript
- Neutral Sentiment: Analysts note the company hit a 52-week high just before the print — the prior run-up means a higher bar for continued upside and makes post-earnings volatility more likely. Investing.com: All-Time High
- Negative Sentiment: Some outlets framed the quarter as mixed — one report suggested the company “missed” revenue expectations and warned of potential price hikes tied to the Iran conflict, raising near-term margin/cost concerns. That commentary likely amplified selling pressure. MSN: Flags Price Hikes
- Negative Sentiment: Market reaction was characterized as a “sink” after a mixed read of results — the EPS/revenue beats were modest vs. expectations and investors may have hoped for a larger beat or more aggressive long-term commentary. Seeking Alpha: Sinks After Mixed Results
- Negative Sentiment: Analysts caution the AI upside is not guaranteed near-term due to technological and timing uncertainty, which tempers the enthusiasm priced into the stock. Seeking Alpha: AI Upside Uncertainty
Analysts Set New Price Targets
TEL has been the topic of several recent research reports. Wall Street Zen upgraded TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. Oppenheimer boosted their target price on TE Connectivity from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Barclays boosted their target price on TE Connectivity from $297.00 to $302.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Jefferies Financial Group upgraded TE Connectivity from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Finally, Truist Financial upped their price objective on TE Connectivity from $240.00 to $244.00 and gave the company a “hold” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $247.40.
TE Connectivity Stock Down 8.9%
The stock has a market capitalization of $64.98 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 1.76 and a beta of 1.26. The business has a fifty day moving average of $218.61 and a 200 day moving average of $226.51. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.65 and a quick ratio of 1.07.
TE Connectivity (NYSE:TEL – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.The firm had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.72 billion. During the same period in the prior year, the firm posted $2.10 earnings per share. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. As a group, equities analysts predict that TE Connectivity Ltd. will post 11.08 earnings per share for the current year.
TE Connectivity Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 22nd will be issued a $0.78 dividend. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. This represents a $3.12 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, May 22nd. TE Connectivity’s payout ratio is currently 45.02%.
TE Connectivity declared that its board has approved a share repurchase plan on Wednesday, March 11th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the electronics maker to repurchase up to 5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.
Insider Buying and Selling at TE Connectivity
In other TE Connectivity news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $223.26, for a total value of $2,098,644.00. Following the sale, the insider owned 25,976 shares of the company’s stock, valued at $5,799,401.76. The trade was a 26.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,345 shares of company stock valued at $9,627,260 over the last quarter. 0.60% of the stock is owned by company insiders.
Institutional Trading of TE Connectivity
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TEL. J. Safra Sarasin Holding AG raised its stake in shares of TE Connectivity by 132.5% in the third quarter. J. Safra Sarasin Holding AG now owns 13,446 shares of the electronics maker’s stock valued at $2,952,000 after acquiring an additional 7,664 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of TE Connectivity by 7.0% in the third quarter. Principal Financial Group Inc. now owns 336,394 shares of the electronics maker’s stock valued at $73,849,000 after acquiring an additional 21,882 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of TE Connectivity by 3.5% in the third quarter. Nordea Investment Management AB now owns 1,662,615 shares of the electronics maker’s stock valued at $363,215,000 after acquiring an additional 56,833 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of TE Connectivity by 11.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,231 shares of the electronics maker’s stock valued at $10,369,000 after acquiring an additional 4,813 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of TE Connectivity in the third quarter valued at $2,419,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.
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.
Read More
Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.
