TE Connectivity (NYSE:TEL) Stock Rating Upgraded by Wall Street Zen

TE Connectivity (NYSE:TEL) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Sunday.

A number of other equities research analysts have also recently issued reports on TEL. The Goldman Sachs Group upped their price objective on TE Connectivity from $228.00 to $263.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Zacks Research downgraded shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their target price on shares of TE Connectivity from $204.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Citigroup lifted their price target on TE Connectivity from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Truist Financial upped their price objective on TE Connectivity from $239.00 to $240.00 and gave the company a “hold” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $244.85.

TE Connectivity Stock Up 1.6%

Shares of TEL stock opened at $231.57 on Friday. The firm’s fifty day moving average price is $232.62 and its two-hundred day moving average price is $215.00. TE Connectivity has a 1 year low of $116.30 and a 1 year high of $250.67. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $68.12 billion, a P/E ratio of 37.65, a PEG ratio of 1.78 and a beta of 1.24.

TE Connectivity (NYSE:TEL) last released its earnings results on Wednesday, October 29th. The electronics maker reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. TE Connectivity had a return on equity of 21.18% and a net margin of 10.67%.The business had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter in the previous year, the business earned $1.95 earnings per share. TE Connectivity’s quarterly revenue was up 16.7% on a year-over-year basis. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. On average, equities analysts predict that TE Connectivity will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP John S. Jenkins sold 25,021 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $247.73, for a total transaction of $6,198,452.33. Following the transaction, the executive vice president owned 20,903 shares in the company, valued at approximately $5,178,300.19. This trade represents a 54.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Heath A. Mitts sold 82,300 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $247.15, for a total value of $20,340,445.00. Following the completion of the sale, the chief financial officer owned 45,503 shares of the company’s stock, valued at $11,246,066.45. This trade represents a 64.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On TE Connectivity

Several institutional investors and hedge funds have recently modified their holdings of the business. Princeton Global Asset Management LLC acquired a new stake in TE Connectivity in the 2nd quarter worth about $26,000. Caitlin John LLC bought a new position in shares of TE Connectivity during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of TE Connectivity in the third quarter valued at approximately $29,000. Neo Ivy Capital Management bought a new stake in shares of TE Connectivity in the second quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC grew its position in TE Connectivity by 58.9% during the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock worth $31,000 after buying an additional 66 shares in the last quarter. 91.43% of the stock is currently owned by institutional investors and hedge funds.

TE Connectivity Company Profile

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.