TE Connectivity Ltd. (NYSE:TEL) Receives Consensus Rating of “Moderate Buy” from Brokerages

TE Connectivity Ltd. (NYSE:TEL) has been assigned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $249.4667.

Several research analysts recently commented on TEL shares. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price target (down from $280.00) on shares of TE Connectivity in a research report on Tuesday, March 31st. UBS Group boosted their target price on TE Connectivity from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Oppenheimer boosted their target price on TE Connectivity from $270.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. The Goldman Sachs Group set a $306.00 target price on TE Connectivity in a research report on Wednesday, January 21st. Finally, Barclays boosted their target price on TE Connectivity from $297.00 to $302.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd.

TE Connectivity Trading Up 5.8%

TEL opened at $223.16 on Friday. The firm has a market cap of $65.48 billion, a P/E ratio of 32.20, a P/E/G ratio of 1.59 and a beta of 1.26. TE Connectivity has a 12 month low of $120.06 and a 12 month high of $250.67. The company has a current ratio of 1.65, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $215.91 and a 200 day moving average of $225.30.

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

TE Connectivity declared that its Board of Directors has initiated a stock buyback plan on Wednesday, March 11th that allows the company to buyback $3.00 billion in shares. This buyback authorization allows the electronics maker to reacquire up to 5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

TE Connectivity Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.4%. This is a boost from TE Connectivity’s previous quarterly dividend of $0.71. The ex-dividend date is Friday, May 22nd. TE Connectivity’s dividend payout ratio (DPR) is presently 40.98%.

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 Friday, February 13th. The stock was sold at an average price of $233.82, for a total transaction of $2,197,908.00. Following the completion of the transaction, the insider owned 32,541 shares in the company, valued at $7,608,736.62. The trade was a 22.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 sold 32,945 shares of company stock worth $7,528,616 over the last 90 days. Company insiders own 0.60% of the company’s stock.

Institutional Trading of TE Connectivity

Institutional investors and hedge funds have recently modified their holdings of the stock. J. Safra Sarasin Holding AG raised its stake in shares of TE Connectivity by 132.5% during 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% during 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 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 worth $363,215,000 after buying an additional 56,833 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in 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 worth $10,369,000 after buying an additional 4,813 shares in the last quarter. Finally, Caprock Group LLC bought a new position in TE Connectivity in the third quarter worth approximately $2,419,000. 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.