TE Connectivity Ltd. (NYSE:TEL – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $209.01, but opened at $199.33. TE Connectivity shares last traded at $193.8090, with a volume of 1,467,887 shares changing hands.
More TE Connectivity News
Here are the key news stories impacting TE Connectivity this week:
- Positive Sentiment: TE Connectivity reported fiscal third-quarter earnings of $2.94 per share, topping estimates and rising from $2.27 a year ago, while revenue grew 13.8% year over year. TE Connectivity (TEL) Q3 Earnings and Revenues Surpass Estimates
- Positive Sentiment: The company issued fourth-quarter guidance above Wall Street expectations, signaling EPS of 3.05 and revenue around $5.3 billion, which suggests continued momentum into the next quarter. TE Connectivity projects upbeat quarterly results amid strong AI tools demand
- Positive Sentiment: Management said results beat guidance, with third-quarter sales up 14% and EPS up 19%, supported by demand in Industrial and Transportation and stronger AI-related product demand. TE Connectivity delivers results above guidance with 14% sales growth and 19% EPS growth in third quarter of fiscal 2026
- Positive Sentiment: Several market reports highlighted that the stock climbed after the earnings beat and “rock solid” guidance, reinforcing investor optimism around the company’s demand trends. TE Connectivity shares climb after earnings beat and upbeat outlook (NYSE:TEL)
- Neutral Sentiment: Unusual options activity showed a sharp increase in call buying ahead of the report, suggesting traders were positioning for a positive earnings surprise. TE Connectivity plc – Registered Shares
Analyst Ratings Changes
TEL has been the subject of a number of recent research reports. Citigroup reduced their price objective on shares of TE Connectivity from $250.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, July 13th. Zacks Research lowered TE Connectivity from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. Wells Fargo & Company lifted their price target on TE Connectivity from $226.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Truist Financial decreased their price objective on TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Finally, Weiss Ratings raised TE Connectivity from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.31.
TE Connectivity Trading Down 7.4%
The firm’s 50 day moving average is $205.72 and its 200 day moving average is $215.53. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.89 and a quick ratio of 1.20. The company has a market cap of $56.52 billion, a PE ratio of 19.73, a PEG ratio of 1.42 and a beta of 1.17.
TE Connectivity (NYSE:TEL – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.10. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. During the same period in the previous year, the firm posted $2.27 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities analysts anticipate that TE Connectivity Ltd. will post 11.31 earnings per share for the current year.
TE Connectivity Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 21st. TE Connectivity’s dividend payout ratio (DPR) is 31.87%.
Insider Transactions at TE Connectivity
In related news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $215.00, for a total transaction of $2,021,000.00. Following the completion of the transaction, the insider directly owned 25,976 shares in the company, valued at $5,584,840. The trade was a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.
Institutional Trading of TE Connectivity
Large investors have recently modified their holdings of the business. Wedge Capital Management L L P NC grew its holdings in shares of TE Connectivity by 30.9% during the second quarter. Wedge Capital Management L L P NC now owns 349,262 shares of the electronics maker’s stock worth $70,415,000 after purchasing an additional 82,396 shares in the last quarter. Cardinal Capital Management Inc. purchased a new stake in TE Connectivity in the second quarter valued at approximately $31,493,000. Handelsbanken Fonder AB bought a new stake in TE Connectivity during the second quarter valued at approximately $38,996,000. Fulton Bank N.A. grew its stake in TE Connectivity by 10.3% in the 2nd quarter. Fulton Bank N.A. now owns 2,914 shares of the electronics maker’s stock worth $587,000 after buying an additional 273 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new position in TE Connectivity in the 2nd quarter worth approximately $221,000. Institutional investors own 91.43% of the company’s stock.
About TE Connectivity
TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.
The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.
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