Q1 EPS Estimates for TE Connectivity Cut by Zacks Research

TE Connectivity Ltd. (NYSE:TEL) – Analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for TE Connectivity in a research report issued to clients and investors on Tuesday, January 21st. Zacks Research analyst A. Ganguly now forecasts that the electronics maker will post earnings per share of $1.64 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. The business had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3,916,310.63 billion. TE Connectivity had a net margin of 20.15% and a return on equity of 18.48%. The business’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.84 earnings per share.

Other equities research analysts have also issued reports about the company. Truist Financial dropped their price target on TE Connectivity from $165.00 to $163.00 and set a “hold” rating on the stock in a research report on Thursday. HSBC raised shares of TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 price target for the company in a report on Thursday. StockNews.com raised shares of TE Connectivity from a “buy” rating to a “strong-buy” rating in a report on Wednesday, December 18th. Wells Fargo & Company upped their target price on TE Connectivity from $151.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Citigroup boosted their price objective on TE Connectivity from $160.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday. Seven research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $165.00.

TE Connectivity Trading Up 1.1 %

Shares of NYSE TEL opened at $156.73 on Thursday. The stock has a market capitalization of $46.78 billion, a P/E ratio of 15.26, a PEG ratio of 2.02 and a beta of 1.32. The stock’s 50 day moving average price is $147.43 and its two-hundred day moving average price is $148.80. The company has a quick ratio of 1.08, a current ratio of 1.61 and a debt-to-equity ratio of 0.27. TE Connectivity has a 52-week low of $137.61 and a 52-week high of $159.98.

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

Institutional Trading of TE Connectivity

Several hedge funds and other institutional investors have recently modified their holdings of TEL. OLD National Bancorp IN increased its holdings in shares of TE Connectivity by 31.8% in the 4th quarter. OLD National Bancorp IN now owns 3,265 shares of the electronics maker’s stock valued at $467,000 after purchasing an additional 787 shares during the period. First Affirmative Financial Network raised its holdings in shares of TE Connectivity by 5.6% during the fourth quarter. First Affirmative Financial Network now owns 2,996 shares of the electronics maker’s stock worth $428,000 after acquiring an additional 158 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in TE Connectivity during the fourth quarter valued at $211,000. Foster & Motley Inc. grew its stake in TE Connectivity by 8.8% in the fourth quarter. Foster & Motley Inc. now owns 19,547 shares of the electronics maker’s stock valued at $2,795,000 after purchasing an additional 1,581 shares in the last quarter. Finally, Field & Main Bank acquired a new stake in shares of TE Connectivity during the 4th quarter valued at about $141,000. Institutional investors and hedge funds own 91.43% of the company’s stock.

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.