Zacks Research Forecasts Weaker Earnings for TE Connectivity

TE Connectivity Ltd. (NYSE:TEL) – Zacks Research reduced their Q1 2025 earnings estimates for TE Connectivity in a research note issued on Tuesday, January 21st. Zacks Research analyst A. Ganguly now expects that the electronics maker will earn $1.64 per share for the quarter, down from their previous forecast of $1.88. The consensus estimate for TE Connectivity’s current full-year earnings is $8.10 per share. Zacks Research also issued estimates for TE Connectivity’s Q2 2025 earnings at $1.74 EPS.

TE Connectivity (NYSE:TEL) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. The company had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3,916,310.63 billion. TE Connectivity had a net margin of 12.10% and a return on equity of 18.82%. The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.84 EPS.

Several other analysts also recently weighed in on the company. Wells Fargo & Company upped their price objective on TE Connectivity from $151.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday. Truist Financial dropped their target price on shares of TE Connectivity from $165.00 to $163.00 and set a “hold” rating for the company in a report on Thursday. The Goldman Sachs Group decreased their price target on shares of TE Connectivity from $189.00 to $179.00 and set a “buy” rating on the stock in a report on Tuesday, October 1st. Hsbc Global Res raised shares of TE Connectivity from a “moderate sell” rating to a “hold” rating in a research note on Thursday. Finally, HSBC raised shares of TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 target price on the stock in a research note on Thursday. Eight analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, TE Connectivity presently has a consensus rating of “Moderate Buy” and an average target price of $165.00.

TE Connectivity Stock Down 1.5 %

NYSE TEL opened at $154.64 on Thursday. The business has a fifty day moving average price of $147.49 and a two-hundred day moving average price of $148.86. The stock has a market capitalization of $46.16 billion, a PE ratio of 24.70, a PEG ratio of 2.12 and a beta of 1.32. TE Connectivity has a fifty-two week low of $137.61 and a fifty-two week 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 1.08.

TE Connectivity declared that its board has initiated a stock repurchase plan on Wednesday, October 30th that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the electronics maker to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pinnacle Bancorp Inc. bought a new position in shares of TE Connectivity during the fourth quarter worth about $26,000. Armstrong Advisory Group Inc. increased its position in TE Connectivity by 208.3% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 222 shares of the electronics maker’s stock valued at $34,000 after purchasing an additional 150 shares during the period. Wolff Wiese Magana LLC raised its holdings in TE Connectivity by 2,450.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 255 shares of the electronics maker’s stock worth $39,000 after purchasing an additional 245 shares during the last quarter. Hilltop National Bank acquired a new position in shares of TE Connectivity in the 4th quarter worth approximately $55,000. Finally, Webster Bank N. A. bought a new stake in shares of TE Connectivity in the 4th quarter valued at $61,000. 91.43% of the stock is owned by institutional investors and hedge funds.

TE Connectivity Company Profile

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.