Wells Fargo & Company Cuts TE Connectivity (NYSE:TEL) Price Target to $209.00

Posted by Brian Himes on Jul 23rd, 2026

TE Connectivity (NYSE:TEL – Get Free Report) had its price objective reduced by research analysts at Wells Fargo & Company from $230.00 to $209.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the electronics maker’s stock. Wells Fargo & Company‘s price target points to a potential upside of 4.01% from the stock’s previous close.

Several other brokerages also recently weighed in on TEL. UBS Group dropped their target price on TE Connectivity from $272.00 to $261.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Citigroup decreased 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 report on Monday, July 13th. Zacks Research cut shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Barclays upped their price target on shares of TE Connectivity from $297.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 15th. Finally, Truist Financial decreased their price target on shares of TE Connectivity from $244.00 to $240.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, TE Connectivity presently has an average rating of “Moderate Buy” and an average price target of $253.69.

Read Our Latest Report on TE Connectivity

TE Connectivity Stock Performance

TEL stock opened at $200.94 on Thursday. TE Connectivity has a one year low of $187.00 and a one year high of $252.56. The firm has a market cap of $58.66 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 1.47 and a beta of 1.17. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.20 and a current ratio of 1.89. The firm has a 50-day simple moving average of $205.57 and a two-hundred day simple moving average of $215.33.

TE Connectivity (NYSE:TEL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The electronics maker reported $2.94 EPS for the quarter, topping the consensus estimate of $2.85 by $0.09. The firm had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.01 billion. TE Connectivity had a net margin of 15.54% and a return on equity of 23.56%. TE Connectivity’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.27 EPS. TE Connectivity has set its Q4 2026 guidance at 3.050-3.050 EPS. On average, equities analysts forecast that TE Connectivity will post 11.31 EPS for the current fiscal year.

Insider Activity

In related news, insider Shadrak W. Kroeger sold 9,400 shares of the business’s stock in a transaction on Monday, June 1st. The shares were 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 document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of TEL. Vanguard Group Inc. grew its position in shares of TE Connectivity by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 38,421,283 shares of the electronics maker’s stock valued at $8,741,226,000 after acquiring an additional 168,142 shares during the period. State Street Corp lifted its holdings in TE Connectivity by 0.6% during the fourth quarter. State Street Corp now owns 13,105,219 shares of the electronics maker’s stock valued at $2,981,572,000 after purchasing an additional 76,292 shares in the last quarter. Geode Capital Management LLC grew its position in shares of TE Connectivity by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 6,284,933 shares of the electronics maker’s stock valued at $1,425,669,000 after purchasing an additional 161,967 shares during the period. Bank of America Corp DE increased its stake in shares of TE Connectivity by 27.5% during the second quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock worth $1,058,390,000 after purchasing an additional 1,352,152 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of TE Connectivity by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 4,403,794 shares of the electronics maker’s stock worth $1,001,907,000 after purchasing an additional 144,353 shares during the last quarter. 91.43% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about TE Connectivity

Here are the key news stories impacting TE Connectivity this week:

Positive Sentiment: TE Connectivity beat Q3 earnings and revenue estimates, with record sales and double-digit growth across its industrial and transportation businesses. Article: TE Connectivity (TEL) Q3 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management issued Q4 guidance above expectations, pointing to continued demand from AI-related tools and products. Article: TE Connectivity projects upbeat quarterly results amid strong AI tools demand
Positive Sentiment: Unusually heavy call-option buying suggests some traders are betting on further upside. Article: Stock Traders Purchase High Volume of Call Options on TE Connectivity (NYSE:TEL)
Neutral Sentiment: Analysts and market commentary are debating whether the stock is fully valued after the earnings-driven move. Article: TE Connectivity (TEL) Stock Looks Fully Priced Despite Cheap Earnings
Negative Sentiment: The announced Astrodyne acquisition may be creating concern about deal risk or overshadowing the strong quarterly results. Article: TE Connectivity falls as $1.4B Astrodyne deal overshadows earnings, outlook beat

About TE Connectivity

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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.