Recent Research Analysts’ Ratings Changes for TE Connectivity (TEL)

A number of research firms have changed their ratings and price targets for TE Connectivity (NYSE: TEL):

• 1/23/2025 – TE Connectivity had its price target raised by analysts at Robert W. Baird from $162.00 to $168.00. They now have an “outperform” rating on the stock.
• 1/23/2025 – TE Connectivity was upgraded by analysts at Hsbc Global Res from a “moderate sell” rating to a “hold” rating.
• 1/23/2025 – TE Connectivity had its price target lowered by analysts at Truist Financial Co. from $165.00 to $163.00. They now have a “hold” rating on the stock.
• 1/23/2025 – TE Connectivity was upgraded by analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating. They now have a $166.00 price target on the stock.
• 1/23/2025 – TE Connectivity had its price target raised by analysts at Wells Fargo & Company from $151.00 to $155.00. They now have an “equal weight” rating on the stock.
• 1/23/2025 – TE Connectivity had its price target raised by analysts at Bank of America Co. from $167.00 to $170.00. They now have a “buy” rating on the stock.
• 1/22/2025 – TE Connectivity had its price target raised by analysts at Citigroup Inc. from $160.00 to $165.00. They now have a “neutral” rating on the stock.
• 12/18/2024 – TE Connectivity was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 12/16/2024 – TE Connectivity had its price target lowered by analysts at Wells Fargo & Company from $153.00 to $151.00. They now have an “equal weight” rating on the stock.

TE Connectivity Trading Up 1.3 %

Shares of TE Connectivity stock traded up $1.87 on Wednesday, hitting $146.64. 273,024 shares of the company’s stock traded hands, compared to its average volume of 1,662,795. The firm’s 50-day moving average price is $147.33 and its two-hundred day moving average price is $148.45. The stock has a market capitalization of $43.75 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 2.03 and a beta of 1.32. TE Connectivity Ltd. has a one year low of $137.61 and a one year high of $159.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.68 and a quick ratio of 1.10.

TE Connectivity (NYSE:TEL) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.06. TE Connectivity had a net margin of 12.10% and a return on equity of 18.82%. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the prior year, the company earned $1.84 EPS. The firm’s quarterly revenue was up .1% on a year-over-year basis. On average, research analysts expect that TE Connectivity Ltd. will post 7.96 EPS for the current fiscal year.

Insider Transactions at TE Connectivity

In related news, insider Shadrak W. Kroeger sold 3,889 shares of the firm’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $151.13, for a total value of $587,744.57. Following the completion of the sale, the insider now directly owns 25,976 shares in the company, valued at approximately $3,925,752.88. This trade represents a 13.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Optas LLC increased its stake in TE Connectivity by 4.2% in the third quarter. Optas LLC now owns 1,778 shares of the electronics maker’s stock valued at $268,000 after acquiring an additional 71 shares during the last quarter. OLD National Bancorp IN lifted its holdings in shares of TE Connectivity by 3.6% during the third quarter. OLD National Bancorp IN now owns 2,478 shares of the electronics maker’s stock worth $374,000 after purchasing an additional 85 shares during the period. Ascent Wealth Partners LLC raised its stake in TE Connectivity by 1.0% during the fourth quarter. Ascent Wealth Partners LLC now owns 8,610 shares of the electronics maker’s stock worth $1,231,000 after buying an additional 85 shares during the last quarter. Metis Global Partners LLC raised its stake in TE Connectivity by 1.0% during the third quarter. Metis Global Partners LLC now owns 9,771 shares of the electronics maker’s stock worth $1,475,000 after buying an additional 96 shares during the last quarter. Finally, Callan Capital LLC increased its stake in TE Connectivity by 5.4% in the fourth quarter. Callan Capital LLC now owns 2,071 shares of the electronics maker’s stock valued at $296,000 after purchasing an additional 106 shares in the last quarter. 91.43% of the stock is owned by institutional investors.

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.