TE Connectivity (NYSE:TEL) Rating Lowered to “Buy” at Wall Street Zen

TE Connectivity (NYSE:TEL) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

TEL has been the topic of several other reports. UBS Group raised their price target on TE Connectivity from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. The Goldman Sachs Group increased their target price on TE Connectivity from $228.00 to $263.00 and gave the company a “buy” rating in a research note on Monday, September 29th. JPMorgan Chase & Co. boosted their target price on TE Connectivity from $204.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. TD Cowen upped their price target on TE Connectivity from $220.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Finally, Zacks Research downgraded shares of TE Connectivity from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $244.85.

TE Connectivity Trading Up 2.5%

Shares of TEL opened at $233.17 on Friday. The firm has a market capitalization of $68.60 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 1.79 and a beta of 1.24. TE Connectivity has a 12-month low of $116.30 and a 12-month high of $250.67. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $233.69 and its 200-day simple moving average is $213.05.

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 net margin of 10.67% and a return on equity of 21.18%. The company had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.57 billion. During the same period in the prior year, the company posted $1.95 EPS. The company’s revenue was up 16.7% compared to the same quarter last year. TE Connectivity has set its Q1 2026 guidance at 2.530-2.530 EPS. As a group, research analysts predict that TE Connectivity will post 8.05 earnings per share for the current year.

Insider Buying and Selling at TE Connectivity

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

Institutional Investors Weigh In On TE Connectivity

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC bought a new stake in TE Connectivity during the second quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of TE Connectivity during the 3rd quarter worth approximately $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of TE Connectivity during the 3rd quarter worth approximately $29,000. Neo Ivy Capital Management acquired a new stake in shares of TE Connectivity in the 2nd quarter valued at approximately $30,000. Finally, Salomon & Ludwin LLC grew its stake in shares of TE Connectivity by 58.9% in the second quarter. Salomon & Ludwin LLC now owns 178 shares of the electronics maker’s stock valued at $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.

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.