NYSE:TEL - TE Connectivity Stock Price, News & Analysis

TE Connectivity trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEL."

TE Connectivity declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.46 per share on Friday, September 6th. This represents a $1.84 annualized dividend and a yield of 1.95%. The ex-dividend date is Thursday, August 22nd. View TE Connectivity's Dividend History.

TE Connectivity declared that its board has initiated a share buyback program on Friday, December 14th 2018, which permits the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

TE Connectivity Ltd (NYSE:TEL) released its quarterly earnings data on Wednesday, July, 24th. The electronics maker reported $1.50 EPS for the quarter, beating the Zacks' consensus estimate of $1.42 by $0.08. The electronics maker had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.43 billion. TE Connectivity had a return on equity of 18.33% and a net margin of 22.94%. The business's revenue was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.43 earnings per share. View TE Connectivity's Earnings History.

TE Connectivity is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for TE Connectivity.

TE Connectivity issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $5.47-5.53 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.57. The company issued revenue guidance of $13.35-13.45 billion, compared to the consensus revenue estimate of $13.64 billion.

11 analysts have issued 12 month price objectives for TE Connectivity's shares. Their forecasts range from $79.00 to $105.00. On average, they anticipate TE Connectivity's stock price to reach $90.0943 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for TE Connectivity.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TE Connectivity.

News stories about TEL stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TE Connectivity earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for TE Connectivity.

TE Connectivity saw a increase in short interest in August. As of August 31st, there was short interest totalling 3,378,500 shares, an increase of 26.3% from the July 31st total of 2,674,700 shares. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 2.5 days. Approximately 1.0% of the company's stock are short sold. View TE Connectivity's Current Options Chain.

Some companies that are related to TE Connectivity include Arrow Electronics (ARW), Avnet (AVT), Ituran Location and Control Ltd. (US) (ITRN), RADA Electronic Ind. (RADA), TESSCO Technologies (TESS), VOXX International (VOXX), EACO (EACO), Richardson Electronics (RELL), CUI Global (CUI), Surge Components (SPRS), Taitron Components (TAIT), Cool (AWSM) and Cool (IFON).

Based on aggregate information from My MarketBeat watchlists, some companies that other TE Connectivity investors own include Honeywell International (HON), Celgene (CELG), CVS Health (CVS), Cisco Systems (CSCO), Intel (INTC), Citigroup (C), NVIDIA (NVDA), Home Depot (HD), Nike (NKE) and Activision Blizzard (ATVI).

TE Connectivity's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.54%), BlackRock Inc. (5.00%), BlackRock Inc. (5.00%), Price T Rowe Associates Inc. MD (4.36%), Janus Henderson Group PLC (2.53%) and EdgePoint Investment Group Inc. (2.45%). Company insiders that own TE Connectivity stock include Daniel J Phelan, Eric Resch, Heath A Mitts, James O'toole, Joan Wainwright, John S Jenkins, Joseph B Donahue, Kevin N Rock, Mario Calastri, Robert J Ott, Steven T Merkt, Terrence R Curtin, Thomas J Lynch and Tim Murphy. View Institutional Ownership Trends for TE Connectivity.

TEL stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Schroder Investment Management Group, Cramer Rosenthal Mcglynn LLC, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Atlanta Capital Management Co. L L C, DekaBank Deutsche Girozentrale and California Public Employees Retirement System. Company insiders that have sold TE Connectivity company stock in the last year include Eric Resch, Heath A Mitts, John S Jenkins, Kevin N Rock, Mario Calastri, Robert J Ott, Steven T Merkt, Terrence R Curtin and Thomas J Lynch. View Insider Buying and Selling for TE Connectivity.

TEL stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, BlackRock Inc., BlackRock Inc., Waddell & Reed Financial Inc., Marathon Asset Management LLP, Findlay Park Partners LLP and Invesco Ltd.. View Insider Buying and Selling for TE Connectivity.

Shares of TEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TEL stock can currently be purchased for approximately $94.3250.

TE Connectivity has a market capitalization of $31.69 billion and generates $13.99 billion in revenue each year. The electronics maker earns $2.57 billion in net income (profit) each year or $5.61 on an earnings per share basis. TE Connectivity employs 80,000 workers across the globe.View Additional Information About TE Connectivity.

The official website for TE Connectivity is http://www.te.com/.

TE Connectivity's mailing address is RHEINSTRASSE 20, SCHAFFHAUSEN V8, CH-8200. The electronics maker can be reached via phone at 41-0-52-633-6661 or via email at [email protected]