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 declared a quarterly dividend on Tuesday, February 4th. Shareholders 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 2.21%. The ex-dividend date of this dividend is Thursday, February 20th. View TE Connectivity's Dividend History.

TE Connectivity announced that its Board of Directors has approved a share repurchase plan 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 purchase up to 5.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are 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 analysts' consensus estimates 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 return on equity of 17.72% and a net margin of 12.01%. The company's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the company 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 updated 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 earnings per share 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 Wall Street analysts have issued 1 year price objectives for TE Connectivity's stock. Their forecasts range from $90.66 to $117.00. On average, they anticipate TE Connectivity's share price to reach $102.27 in the next year. This suggests a possible upside of 22.9% 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 headlines about TEL stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of 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 -4.2 on InfoTrie's scale. They also gave news coverage about the electronics maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for TE Connectivity.

TE Connectivity saw a increase in short interest in 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 daily volume of 1,480,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.0% of the shares of the company 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 variety 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 $83.19.

TE Connectivity has a market capitalization of $27.80 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]