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

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

TE Connectivity announced a quarterly dividend on Tuesday, February 4th. Investors of record on Friday, February 21st will be paid a dividend of $0.46 per share on Friday, March 6th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, February 20th. View TE Connectivity's Dividend History.

TE Connectivity announced that its board has approved a share repurchase program on Friday, December 14th 2018, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

TE Connectivity Ltd (NYSE:TEL) issued its quarterly earnings data on Wednesday, January, 29th. The electronics maker reported $1.21 EPS for the quarter, beating the Zacks' consensus estimate of $1.14 by $0.07. The electronics maker had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.12 billion. TE Connectivity had a net margin of 12.01% and a return on equity of 17.72%. TE Connectivity's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.29 earnings per share. View TE Connectivity's Earnings History.

TE Connectivity is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for TE Connectivity.

TE Connectivity updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $4.95-5.25 for the period, compared to the Thomson Reuters consensus estimate of $5.13. The company issued revenue guidance of $12.85-13.25 billion, compared to the consensus revenue estimate of $13.04 billion.

11 brokerages have issued 1 year target prices for TE Connectivity's shares. Their forecasts range from $90.66 to $117.00. On average, they anticipate TE Connectivity's stock price to reach $102.27 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. 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.

Media coverage about TEL stock has been trending very negative this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. TE Connectivity earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave news headlines about the electronics maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for TE Connectivity.

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), EACO (EACO), VOXX International (VOXX), Richardson Electronics (RELL), TESSCO Technologies (TESS), CUI Global (CUI), Taitron Components (TAIT), Surge Components (SPRS) and Cool (AWSM).

Based on aggregate information from My MarketBeat watchlists, some companies that other TE Connectivity investors own include NVIDIA (NVDA), AT&T (T), Home Depot (HD), Intel (INTC), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Alibaba Group (BABA), Bank of America (BAC) and Honeywell International (HON).

TE Connectivity's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.85%), Capital World Investors (3.37%), Janus Henderson Group PLC (2.57%), Capital Research Global Investors (1.69%), Boston Partners (1.53%) and FMR LLC (1.33%). Company insiders that own TE Connectivity stock include Daniel J Phelan, Eric Resch, Heath A Mitts, John S Jenkins, 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 AXA, PGGM Investments, Artisan Partners Limited Partnership, FMR LLC, Port Capital LLC, CIBC Private Wealth Group LLC, Robecosam AG and Robecosam AG. Company insiders that have sold TE Connectivity company stock in the last year include Eric Resch, 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 bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Madison Asset Management LLC, Capital World Investors, Bank of Montreal Can, Alyeska Investment Group L.P., Massachusetts Financial Services Co. MA, Renaissance Technologies LLC and Marshall Wace North America L.P.. 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 $91.73.

TE Connectivity has a market capitalization of $30.65 billion and generates $13.45 billion in revenue each year. The electronics maker earns $1.84 billion in net income (profit) each year or $5.55 on an earnings per share basis. TE Connectivity employs 78,000 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 MUHLENSTRASSE 26, SCHAFFHAUSEN V8, CH-8200. The electronics maker can be reached via phone at 41-0-52-633-6661 or via email at [email protected]