TE Connectivity Ltd. (NYSE:TEL) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• TE Connectivity has an average analyst rating of "Moderate Buy" from 17 analysts (10 buys, 6 holds, 1 strong buy) with an average 12‑month price target of $256.57.
• The company beat estimates in its most recent quarter—reporting $2.73 EPS vs. $2.70 expected and $4.74B revenue (up 14.4% YoY)—and set Q3 guidance at 2.83 EPS.
• TE Connectivity approved a $3.0 billion share buyback (up to ~5% of shares) and raised its quarterly dividend to $0.78 ($3.12 annual, ~1.5% yield).

TE Connectivity Ltd. (NYSE:TEL - Get Free Report) has been given an average rating of "Moderate Buy" by the seventeen analysts that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $256.5714.

TEL has been the topic of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of TE Connectivity from $214.00 to $226.00 and gave the company an "equal weight" rating in a research note on Thursday, April 23rd. Jefferies Financial Group upgraded shares of TE Connectivity from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 15th. Oppenheimer lifted their target price on shares of TE Connectivity from $270.00 to $285.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. Truist Financial lowered their price target on TE Connectivity from $244.00 to $240.00 and set a "hold" rating on the stock in a report on Thursday, April 23rd. Finally, Weiss Ratings raised TE Connectivity from a "hold (c+)" rating to a "buy (b)" rating in a report on Friday, February 6th.

TE Connectivity Stock Down 2.3%

TEL stock opened at $204.67 on Wednesday. TE Connectivity has a twelve month low of $142.45 and a twelve month high of $252.56. 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 stock has a market cap of $59.74 billion, a P/E ratio of 20.91, a PEG ratio of 1.48 and a beta of 1.26. The business's 50-day moving average price is $216.88 and its 200-day moving average price is $226.27.

TE Connectivity (NYSE:TEL - Get Free Report) last released its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, beating analysts' consensus estimates of $2.70 by $0.03. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. The company had revenue of $4.74 billion for the quarter, compared to analysts' expectations of $4.72 billion. During the same quarter in the previous year, the company earned $2.10 EPS. TE Connectivity's revenue for the quarter was up 14.4% on a year-over-year basis. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. On average, equities research analysts forecast that TE Connectivity will post 11.28 EPS for the current year.

TE Connectivity declared that its board has approved a share buyback program 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 shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

TE Connectivity Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.12 dividend on an annualized basis and a yield of 1.5%. This is a boost from TE Connectivity's previous quarterly dividend of $0.71. TE Connectivity's payout ratio is presently 29.01%.

Insider Buying and Selling

In other TE Connectivity news, EVP John S. Jenkins sold 6,155 shares of the business's stock in a transaction on 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 owned 21,810 shares in the company, valued at $4,859,486.10. The trade was a 22.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Reuben M. Shaffer sold 1,425 shares of the business's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $234.23, for a total transaction of $333,777.75. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 42,345 shares of company stock valued at $9,627,260. Corporate insiders own 0.60% of the company's stock.

Institutional Trading of TE Connectivity

Several hedge funds have recently bought and sold shares of the stock. HHM Wealth Advisors LLC raised its holdings in shares of TE Connectivity by 11.8% during the 3rd quarter. HHM Wealth Advisors LLC now owns 407 shares of the electronics maker's stock worth $89,000 after acquiring an additional 43 shares in the last quarter. Gulf International Bank UK Ltd raised its holdings in shares of TE Connectivity by 0.3% during the 4th quarter. Gulf International Bank UK Ltd now owns 14,999 shares of the electronics maker's stock worth $3,412,000 after acquiring an additional 44 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of TE Connectivity by 14.1% during the 4th quarter. MCF Advisors LLC now owns 364 shares of the electronics maker's stock worth $83,000 after acquiring an additional 45 shares in the last quarter. Webster Bank N. A. raised its holdings in shares of TE Connectivity by 19.1% during the 4th quarter. Webster Bank N. A. now owns 287 shares of the electronics maker's stock worth $65,000 after acquiring an additional 46 shares in the last quarter. Finally, CYBER HORNET ETFs LLC raised its holdings in shares of TE Connectivity by 5.6% during the 4th quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker's stock worth $202,000 after acquiring an additional 47 shares in the last quarter. 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.

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