TE Connectivity Ltd. (NYSE:TEL) Receives Average Rating of “Moderate Buy” from Analysts

TE Connectivity Ltd. (NYSE:TEL) has been given an average rating of “Moderate Buy” by the sixteen brokerages that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $219.9167.

Several analysts recently commented on the company. Zacks Research lowered TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Wall Street Zen downgraded TE Connectivity from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 31st. Wells Fargo & Company upped their price objective on TE Connectivity from $198.00 to $215.00 and gave the company an “equal weight” rating in a report on Thursday, September 25th. The Goldman Sachs Group upped their price objective on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a report on Monday, September 29th. Finally, Robert W. Baird boosted their target price on TE Connectivity from $222.00 to $238.00 and gave the company an “outperform” rating in a research note on Friday, October 10th.

TE Connectivity Price Performance

Shares of TEL stock opened at $223.33 on Friday. The stock’s fifty day simple moving average is $212.45 and its 200 day simple moving average is $179.75. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 0.96. The firm has a market cap of $65.99 billion, a price-to-earnings ratio of 46.24, a P/E/G ratio of 2.42 and a beta of 1.26. TE Connectivity has a one year low of $116.30 and a one year high of $226.50.

TE Connectivity (NYSE:TEL) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $2.27 EPS for the quarter, beating the consensus estimate of $2.08 by $0.19. The business had revenue of $4.53 billion for 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%.TE Connectivity’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.91 EPS. TE Connectivity has set its Q4 2025 guidance at 2.270-2.270 EPS. On average, analysts expect that TE Connectivity will post 8.05 earnings per share for the current fiscal year.

TE Connectivity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 21st. TE Connectivity’s dividend payout ratio is currently 58.80%.

Insider Transactions at TE Connectivity

In other news, EVP John S. Jenkins sold 45,850 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 24,625 shares of the company’s stock, valued at $5,154,751.25. This represents a 65.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shadrak W. Kroeger sold 23,850 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 25,976 shares of the company’s stock, valued at $5,272,868.24. This represents a 47.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 124,545 shares of company stock valued at $25,040,158 over the last three months. 0.90% of the stock is currently owned by corporate insiders.

Institutional Trading of TE Connectivity

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dakota Community Bank & Trust NA raised its stake in TE Connectivity by 5.4% in the third quarter. Dakota Community Bank & Trust NA now owns 951 shares of the electronics maker’s stock valued at $209,000 after buying an additional 49 shares during the period. Security National Bank of SO Dak increased its stake in TE Connectivity by 0.5% during the 2nd quarter. Security National Bank of SO Dak now owns 10,865 shares of the electronics maker’s stock worth $1,833,000 after acquiring an additional 50 shares during the period. Fidelis Capital Partners LLC increased its stake in TE Connectivity by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 3,349 shares of the electronics maker’s stock worth $565,000 after acquiring an additional 52 shares during the period. HM Payson & Co. increased its stake in TE Connectivity by 1.5% during the 3rd quarter. HM Payson & Co. now owns 3,511 shares of the electronics maker’s stock worth $771,000 after acquiring an additional 52 shares during the period. Finally, Rossby Financial LCC increased its stake in TE Connectivity by 6.0% during the 2nd quarter. Rossby Financial LCC now owns 1,000 shares of the electronics maker’s stock worth $169,000 after acquiring an additional 57 shares during the period. Institutional investors own 91.43% of the company’s stock.

About TE Connectivity

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.