Zacks Research Analysts Boost Earnings Estimates for TE Connectivity Ltd. (NYSE:TEL)

TE Connectivity Ltd. (NYSE:TELFree Report) – Stock analysts at Zacks Research upped their Q2 2026 earnings estimates for shares of TE Connectivity in a research report issued on Tuesday, July 23rd. Zacks Research analyst A. Ganguly now anticipates that the electronics maker will earn $2.23 per share for the quarter, up from their previous forecast of $2.22. The consensus estimate for TE Connectivity’s current full-year earnings is $7.50 per share. Zacks Research also issued estimates for TE Connectivity’s FY2026 earnings at $9.02 EPS.

TE Connectivity (NYSE:TELGet Free Report) last announced its earnings results on Wednesday, July 24th. The electronics maker reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The business had revenue of $4 billion during the quarter, compared to analysts’ expectations of $4.01 billion. TE Connectivity had a net margin of 21.63% and a return on equity of 18.80%. The firm’s revenue was up .1% on a year-over-year basis. During the same period in the prior year, the company earned $1.77 earnings per share.

A number of other analysts have also recently commented on the company. Truist Financial upped their price target on TE Connectivity from $151.00 to $156.00 and gave the stock a “hold” rating in a research report on Thursday. Robert W. Baird raised their target price on shares of TE Connectivity from $162.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday. Vertical Research assumed coverage on shares of TE Connectivity in a research report on Tuesday. They issued a “hold” rating and a $155.00 price target for the company. Wells Fargo & Company decreased their price objective on shares of TE Connectivity from $152.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 25th. Finally, Bank of America upped their target price on shares of TE Connectivity from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Eight investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $158.45.

View Our Latest Analysis on TE Connectivity

TE Connectivity Price Performance

Shares of TE Connectivity stock opened at $154.54 on Wednesday. The stock has a market cap of $47.32 billion, a P/E ratio of 14.14, a P/E/G ratio of 2.07 and a beta of 1.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.92 and a current ratio of 1.45. The stock’s fifty day moving average is $151.13 and its 200 day moving average is $144.95. TE Connectivity has a one year low of $115.00 and a one year high of $159.98.

Institutional Trading of TE Connectivity

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC purchased a new stake in shares of TE Connectivity in the second quarter worth approximately $281,000. Atlantic Union Bankshares Corp increased its stake in TE Connectivity by 420.0% in the second quarter. Atlantic Union Bankshares Corp now owns 11,836 shares of the electronics maker’s stock worth $1,780,000 after purchasing an additional 9,560 shares during the period. LRI Investments LLC boosted its stake in shares of TE Connectivity by 1,613.8% during the second quarter. LRI Investments LLC now owns 497 shares of the electronics maker’s stock valued at $75,000 after purchasing an additional 468 shares during the period. EdgeRock Capital LLC bought a new position in shares of TE Connectivity in the second quarter worth about $56,000. Finally, Family Firm Inc. purchased a new position in TE Connectivity in the 2nd quarter worth about $43,000. 91.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at TE Connectivity

In other news, insider Shadrak W. Kroeger sold 5,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $149.86, for a total value of $749,300.00. Following the sale, the insider now directly owns 25,976 shares in the company, valued at approximately $3,892,763.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other TE Connectivity news, insider Aaron Kyle Stucki sold 8,750 shares of TE Connectivity stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $155.00, for a total transaction of $1,356,250.00. Following the completion of the transaction, the insider now directly owns 20,556 shares of the company’s stock, valued at $3,186,180. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shadrak W. Kroeger sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $149.86, for a total transaction of $749,300.00. Following the completion of the sale, the insider now owns 25,976 shares of the company’s stock, valued at approximately $3,892,763.36. The disclosure for this sale can be found here. Insiders have sold a total of 20,794 shares of company stock valued at $3,102,206 over the last 90 days. 0.86% of the stock is owned by corporate insiders.

About TE Connectivity

(Get Free Report)

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.

Read More

Earnings History and Estimates for TE Connectivity (NYSE:TEL)

Receive News & Ratings for TE Connectivity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TE Connectivity and related companies with MarketBeat.com's FREE daily email newsletter.