TE Connectivity Ltd. (NYSE:TEL) Stock Has Average Price Target of $251.36

Shares of TE Connectivity Ltd. (NYSE:TEL) have received a consensus recommendation of “Moderate Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $251.36.

TEL has been the topic of several recent analyst reports. Evercore reaffirmed an “in-line” rating and set a $230.00 price objective on shares of TE Connectivity in a report on Monday, June 22nd. Citigroup cut their target price 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. Wall Street Zen raised shares of TE Connectivity from a “hold” rating to a “buy” rating in a research note on Sunday, September 20th. Robert W. Baird lowered their price objective on TE Connectivity from $240.00 to $225.00 and set an “outperform” rating on the stock in a report on Thursday, July 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of TE Connectivity in a report on Friday, July 24th.

TE Connectivity Stock Down 1.7%

Shares of TEL opened at $214.90 on Friday. The firm has a market cap of $62.22 billion, a P/E ratio of 21.07, a PEG ratio of 1.46 and a beta of 1.16. TE Connectivity has a 12 month low of $190.27 and a 12 month high of $252.56. The stock’s 50 day moving average is $208.41 and its two-hundred day moving average is $209.03. The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 0.42.

TE Connectivity (NYSE:TEL) last announced its earnings results on Wednesday, July 22nd. The electronics maker reported $2.94 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.09. TE Connectivity had a return on equity of 24.59% and a net margin of 15.61%.The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the prior year, the company posted $2.27 EPS. The business’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. Analysts predict that TE Connectivity will post 11.48 earnings per share for the current fiscal year.

TE Connectivity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 20th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. TE Connectivity’s dividend payout ratio (DPR) is 30.59%.

Institutional Investors Weigh In On TE Connectivity

Hedge funds have recently modified their holdings of the company. JNBA Financial Advisors lifted its holdings in TE Connectivity by 67.1% in the second quarter. JNBA Financial Advisors now owns 127 shares of the electronics maker’s stock valued at $26,000 after acquiring an additional 51 shares during the last quarter. Pin Oak Investment Advisors Inc. purchased a new stake in TE Connectivity in the second quarter valued at $34,000. Commonwealth Retirement Investments LLC purchased a new stake in TE Connectivity in the fourth quarter valued at $40,000. MV Capital Management Inc. acquired a new position in shares of TE Connectivity in the 4th quarter valued at $41,000. Finally, Bayban purchased a new position in shares of TE Connectivity during the 4th quarter worth $44,000. Hedge funds and other institutional investors own 91.43% of the company’s stock.

About TE Connectivity

TE Connectivity Ltd. (NYSE: TEL) is a global technology and manufacturing company that designs and produces connectivity and sensor solutions. Its products include connectors, terminals, relays, sensors, switches, circuit-protection devices, antennas and related components used to transmit power, data and signals reliably in demanding environments.

The company serves customers across the automotive, commercial transportation, industrial, aerospace and defense, medical, energy, data communications and consumer-device markets.