Weiss Ratings Reiterates "Hold (C+)" Rating for TE Connectivity (NYSE:TEL)

Key Points

• Weiss Ratings has reiterated a "Hold (C+)" rating for TE Connectivity (NYSE: TEL), indicating a cautious approach to the stock amidst varying opinions from other analysts.
• Several analysts have adjusted their ratings and price targets for TE Connectivity, with Citigroup raising their target from $230 to $250, reflecting a buy perspective.
• TE Connectivity recently posted earnings of $2.27 per share, exceeding analysts’ expectations, with a revenue increase of 13.9% year-over-year, positioning the company for continued growth.

TE Connectivity (NYSE:TEL - Get Free Report)'s stock had its "hold (c+)" rating reissued by Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other analysts have also recently commented on the stock. Zacks Research cut shares of TE Connectivity from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 24th. Citigroup boosted their target price on shares of TE Connectivity from $230.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, September 24th. Truist Financial increased their price target on TE Connectivity from $156.00 to $200.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Wall Street Zen lowered TE Connectivity from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, UBS Group boosted their price objective on TE Connectivity from $240.00 to $260.00 and gave the company a "buy" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $219.42.

TE Connectivity Stock Performance

TEL stock traded up $2.36 during midday trading on Wednesday, reaching $224.43. The stock had a trading volume of 1,343,438 shares, compared to its average volume of 1,806,161. The stock has a market cap of $66.31 billion, a PE ratio of 46.47, a P/E/G ratio of 2.41 and a beta of 1.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.96 and a current ratio of 1.52. The firm has a fifty day simple moving average of $209.45 and a two-hundred day simple moving average of $175.78. TE Connectivity has a 52-week low of $116.30 and a 52-week high of $225.27.

TE Connectivity (NYSE:TEL - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.08 by $0.19. The company had revenue of $4.53 billion during 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 firm's quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the business posted $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. As a group, equities research analysts anticipate that TE Connectivity will post 8.05 EPS for the current year.

Insiders Place Their Bets

In related news, EVP John S. Jenkins sold 45,850 shares of the business's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $209.33, for a total transaction of $9,597,780.50. Following the completion of the sale, the executive vice president directly owned 24,625 shares in the company, valued at approximately $5,154,751.25. The trade was a 65.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shadrak W. Kroeger sold 23,850 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $202.99, for a total value of $4,841,311.50. Following the sale, the insider owned 25,976 shares of the company's stock, valued at $5,272,868.24. The trade was a 47.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 124,545 shares of company stock valued at $25,040,158 over the last quarter. Insiders own 0.90% of the company's stock.

Institutional Trading of TE Connectivity

Several large investors have recently bought and sold shares of the business. Peak Financial Advisors LLC lifted its stake in TE Connectivity by 33.3% in the 3rd quarter. Peak Financial Advisors LLC now owns 3,952 shares of the electronics maker's stock worth $868,000 after purchasing an additional 987 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of TE Connectivity by 11.6% in the third quarter. Wedmont Private Capital now owns 2,060 shares of the electronics maker's stock valued at $457,000 after purchasing an additional 214 shares during the last quarter. Czech National Bank lifted its position in TE Connectivity by 3.5% during the third quarter. Czech National Bank now owns 75,046 shares of the electronics maker's stock worth $16,475,000 after buying an additional 2,560 shares in the last quarter. McLean Asset Management Corp acquired a new position in TE Connectivity during the third quarter worth $237,000. Finally, Renaissance Investment Group LLC boosted its stake in TE Connectivity by 0.4% during the third quarter. Renaissance Investment Group LLC now owns 61,033 shares of the electronics maker's stock worth $13,399,000 after buying an additional 217 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company's stock.

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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