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 annualized dividend and a yield of 2.14%. The ex-dividend date is Thursday, February 20th. View TE Connectivity's Dividend History.

TE Connectivity announced that its board has initiated a stock buyback plan on Friday, December 14th 2018, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

TE Connectivity Ltd (NYSE:TEL) issued its earnings results on Wednesday, January, 29th. The electronics maker reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.07. The electronics maker earned $3.17 billion during the quarter, compared to the consensus estimate of $3.12 billion. TE Connectivity had a return on equity of 17.72% and a net margin of 12.01%. The company's revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.29 EPS. 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 issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) 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 price targets for TE Connectivity's stock. Their forecasts range from $90.66 to $117.00. On average, they expect TE Connectivity's stock price to reach $102.27 in the next year. This suggests a possible upside of 18.7% 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.

News coverage about TEL stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TE Connectivity earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the electronics maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for TE Connectivity.

TE Connectivity saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 3,290,000 shares, an increase of 5.4% from the January 30th total of 3,120,000 shares. Based on an average trading volume of 1,480,000 shares, the short-interest ratio is presently 2.2 days. Currently, 1.0% of the shares of the 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), 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), Cisco Systems (CSCO), Alibaba Group (BABA), Bank of America (BAC), Honeywell International (HON) and JPMorgan Chase & Co. (JPM).

TE Connectivity's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 purchased 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 $86.16.

TE Connectivity has a market capitalization of $28.79 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]