TE Connectivity Ltd. (NYSE:TEL) Receives $250.86 Consensus Price Target from Brokerages

Shares of TE Connectivity Ltd. (NYSE:TEL) have earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $251.9286.

A number of analysts recently weighed in on TEL shares. Wall Street Zen raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. TD Cowen reaffirmed a “buy” rating on shares of TE Connectivity in a research report on Monday, November 17th. JPMorgan Chase & Co. increased their price objective on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Wells Fargo & Company boosted their price objective on shares of TE Connectivity from $245.00 to $249.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Barclays upped 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.

TE Connectivity Stock Performance

Shares of NYSE:TEL opened at $235.99 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.65. The firm has a market cap of $69.25 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 1.80 and a beta of 1.24. The firm’s 50 day simple moving average is $230.09 and its 200-day simple moving average is $223.54. TE Connectivity has a one year low of $116.30 and a one year high of $250.67.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings data 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. The company had revenue of $4.67 billion for the quarter, compared to analysts’ expectations of $4.52 billion. TE Connectivity had a return on equity of 22.72% and a net margin of 11.41%.TE Connectivity’s revenue was up 21.7% compared to the same quarter last year. During the same quarter 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. As a group, equities analysts predict that TE Connectivity will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

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

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 6,155 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $222.81, for a total value of $1,371,395.55. Following the sale, the executive vice president directly owned 21,810 shares in the company, 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 Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On TE Connectivity

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of TE Connectivity during the 4th quarter valued at $938,706,000. Arrowstreet Capital Limited Partnership increased its position in TE Connectivity by 26,798.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,383,932 shares of the electronics maker’s stock valued at $303,815,000 after buying an additional 1,378,787 shares in the last quarter. Bank of America Corp DE raised its stake in TE Connectivity by 27.5% in the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock valued at $1,058,390,000 after buying an additional 1,352,152 shares during the last quarter. Dodge & Cox boosted its holdings in TE Connectivity by 6.3% in the second quarter. Dodge & Cox now owns 17,039,803 shares of the electronics maker’s stock worth $2,874,104,000 after acquiring an additional 1,017,323 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of TE Connectivity by 183.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,530,414 shares of the electronics maker’s stock worth $348,184,000 after acquiring an additional 990,703 shares during the last quarter. Hedge funds and other 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.