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

Key Points

• TE Connectivity Ltd. has received an average rating of "Moderate Buy" from analysts, with four holding the stock, eight recommending a buy, and one a strong buy.
• The company reported earnings of $2.27 per share for the last quarter, outperforming analysts' expectations of $2.08, and its revenue was up 13.9% year-over-year.
• Insiders have sold a total of 137,645 shares of company stock in the last quarter, valued at approximately $27.27 million, reducing their positions significantly.

TE Connectivity Ltd. (NYSE:TEL - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the thirteen ratings firms that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $199.5455.

A number of brokerages have weighed in on TEL. Robert W. Baird set a $232.00 price objective on TE Connectivity in a research report on Wednesday, September 3rd. The Goldman Sachs Group reiterated a "buy" rating on shares of TE Connectivity in a research report on Friday, July 11th. KGI Securities upgraded TE Connectivity to a "hold" rating in a research report on Thursday, July 24th. Wall Street Zen cut TE Connectivity from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 31st. Finally, Truist Financial lifted their price target on shares of TE Connectivity from $156.00 to $200.00 and gave the company a "hold" rating in a research report on Thursday, July 24th.

Insider Activity

In other news, insider Aaron Kyle Stucki sold 52,900 shares of the business's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $192.78, for a total transaction of $10,198,062.00. Following the completion of the sale, the insider directly owned 23,667 shares of the company's stock, valued at $4,562,524.26. The trade was a 69.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John S. Jenkins sold 45,850 shares of TE Connectivity stock in a transaction on Monday, July 28th. The shares were sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the transaction, the executive vice president owned 24,625 shares in the company, valued at $5,154,751.25. The trade was a 65.06% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 137,645 shares of company stock valued at $27,267,158 over the last quarter. Insiders own 0.90% of the company's stock.

Institutional Investors Weigh In On TE Connectivity

A number of institutional investors have recently modified their holdings of the stock. Valeo Financial Advisors LLC grew its position in shares of TE Connectivity by 3.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,601 shares of the electronics maker's stock valued at $776,000 after buying an additional 156 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of TE Connectivity by 15.6% during the 2nd quarter. Osaic Holdings Inc. now owns 25,696 shares of the electronics maker's stock valued at $4,291,000 after buying an additional 3,459 shares during the last quarter. Midwestern Financial LLC IA bought a new stake in shares of TE Connectivity during the 2nd quarter valued at about $391,000. Stance Capital LLC bought a new stake in shares of TE Connectivity during the 2nd quarter valued at about $1,349,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of TE Connectivity during the 2nd quarter valued at about $1,250,000. Institutional investors and hedge funds own 91.43% of the company's stock.

TE Connectivity Stock Up 0.6%

NYSE:TEL opened at $210.99 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.52 and a debt-to-equity ratio of 0.39. The stock's fifty day moving average is $199.15 and its two-hundred day moving average is $168.02. TE Connectivity has a 52 week low of $116.30 and a 52 week high of $215.22. The stock has a market capitalization of $62.34 billion, a price-to-earnings ratio of 43.68, a price-to-earnings-growth ratio of 2.49 and a beta of 1.23.

TE Connectivity (NYSE:TEL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share for the quarter, topping analysts' consensus estimates of $2.08 by $0.19. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.30 billion. TE Connectivity had a return on equity of 20.22% and a net margin of 8.78%.The company's revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.91 earnings per share. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. Research analysts anticipate that TE Connectivity will post 8.05 EPS for the current year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 21st will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, November 21st. TE Connectivity's dividend payout ratio is 58.80%.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

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