Analysts Set TE Connectivity Ltd. (NYSE:TEL) Price Target at $256.79

TE Connectivity Ltd. (NYSE:TEL) has received a consensus recommendation of “Moderate Buy” from the seventeen analysts that are covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $254.6429.

A number of equities analysts have recently weighed in on TEL shares. Truist Financial dropped their price objective on TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Jefferies Financial Group raised TE Connectivity from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Wall Street Zen lowered TE Connectivity from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $286.00 price objective on TE Connectivity in a research note on Wednesday, April 22nd. Finally, UBS Group dropped their price objective on TE Connectivity from $272.00 to $261.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd.

Insider Buying and Selling

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares of the company’s stock, valued at approximately $5,584,840. This represents a 26.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,200 shares of company stock worth $6,140,644 over the last three months. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TE Connectivity

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in TE Connectivity during the fourth quarter valued at approximately $25,000. Caitlin John LLC bought a new position in TE Connectivity during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd purchased a new stake in TE Connectivity during the third quarter valued at approximately $29,000. Geneos Wealth Management Inc. raised its position in TE Connectivity by 189.6% during the second quarter. Geneos Wealth Management Inc. now owns 194 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 127 shares during the period. Finally, Commonwealth Retirement Investments LLC purchased a new stake in TE Connectivity during the fourth quarter valued at approximately $40,000. 91.43% of the stock is owned by institutional investors.

TE Connectivity Stock Performance

Shares of TEL opened at $212.74 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.89 and a debt-to-equity ratio of 0.42. The business has a 50-day simple moving average of $214.56 and a two-hundred day simple moving average of $220.21. The stock has a market cap of $62.10 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 1.54 and a beta of 1.16. TE Connectivity has a 52 week low of $162.17 and a 52 week high of $252.56.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.03. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.72 billion. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.10 earnings per share. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, analysts expect that TE Connectivity will post 11.28 EPS for the current year.

TE Connectivity declared that its Board of Directors has approved a share repurchase plan on Wednesday, March 11th that permits the company to buyback $3.00 billion in shares. This buyback authorization permits the electronics maker to repurchase up to 5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

TE Connectivity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a $0.78 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio is 31.87%.

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.