TE Connectivity (NYSE:TEL) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded TE Connectivity from "strong-buy" to "buy," while the stock holds a consensus rating of Moderate Buy with a $256.57 average price target (2 Strong Buy, 10 Buy, 5 Hold).
• TE Connectivity slightly beat quarterly expectations with $2.73 EPS vs. $2.70 est. and $4.74B revenue (+14.4% YoY); management set Q3 2026 guidance at 2.83 EPS and analysts expect ~11.28 EPS for the fiscal year.
• The board approved a $3.0 billion share buyback (about 5% of shares outstanding), even as insiders sold roughly 42,345 shares (~$9.63M) in recent months.

TE Connectivity (NYSE:TEL - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note issued to investors on Saturday.

TEL has been the topic of a number of other research reports. Jefferies Financial Group upgraded shares of TE Connectivity from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of TE Connectivity from a "hold (c+)" rating to a "buy (b)" rating in a report on Friday, February 6th. Oppenheimer boosted their price target on shares of TE Connectivity from $270.00 to $285.00 and gave the company an "outperform" rating in a report on Friday, February 13th. Truist Financial cut their price target on shares of TE Connectivity from $244.00 to $240.00 and set a "hold" rating on the stock in a report on Thursday, April 23rd. Finally, Barclays cut their price target on shares of TE Connectivity from $302.00 to $297.00 and set an "overweight" rating on the stock in a report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, TE Connectivity presently has a consensus rating of "Moderate Buy" and a consensus target price of $256.57.

TE Connectivity Stock Down 2.0%

NYSE TEL opened at $207.43 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The company's 50 day simple moving average is $215.86 and its 200 day simple moving average is $226.02. TE Connectivity has a 12 month low of $147.75 and a 12 month high of $252.56. The company has a market capitalization of $60.55 billion, a P/E ratio of 21.19, a PEG ratio of 1.50 and a beta of 1.18.

TE Connectivity (NYSE:TEL - Get Free Report) last released its earnings results on Wednesday, April 22nd. The electronics maker reported $2.73 EPS for the quarter, topping 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 business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the previous year, the firm earned $2.10 EPS. The business'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. Equities research analysts expect that TE Connectivity will post 11.28 earnings per share for the current fiscal year.

TE Connectivity announced that its board has initiated a stock buyback program 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 programs are often an indication that the company's management believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP John S. Jenkins sold 6,155 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $222.81, for a total transaction of $1,371,395.55. Following the completion of the sale, the executive vice president directly owned 21,810 shares of the company's stock, valued at approximately $4,859,486.10. This 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. Also, SVP Reuben M. Shaffer sold 1,425 shares of the company'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 sold 42,345 shares of company stock valued at $9,627,260. Company insiders own 0.60% of the company's stock.

Institutional Trading of TE Connectivity

Several large investors have recently modified their holdings of the company. HHM Wealth Advisors LLC boosted 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 buying an additional 43 shares during the period. Gulf International Bank UK Ltd raised its stake in 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 valued at $3,412,000 after purchasing an additional 44 shares during the last quarter. MCF Advisors LLC raised its stake in TE Connectivity by 14.1% during the 4th quarter. MCF Advisors LLC now owns 364 shares of the electronics maker's stock valued at $83,000 after purchasing an additional 45 shares during the last quarter. Webster Bank N. A. raised its stake in TE Connectivity by 19.1% during the 4th quarter. Webster Bank N. A. now owns 287 shares of the electronics maker's stock valued at $65,000 after purchasing an additional 46 shares during the last quarter. Finally, CYBER HORNET ETFs LLC raised its stake in TE Connectivity by 5.6% during the 4th quarter. CYBER HORNET ETFs LLC now owns 887 shares of the electronics maker's stock valued at $202,000 after purchasing an additional 47 shares during the last quarter. 91.43% of the stock is owned by institutional investors.

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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