TE Connectivity Q1 EPS Forecast Decreased by Zacks Research

TE Connectivity Ltd. (NYSE:TEL) – Equities researchers at Zacks Research decreased their Q1 2025 earnings estimates for shares of TE Connectivity in a research report issued to clients and investors on Tuesday, January 21st. Zacks Research analyst A. Ganguly now anticipates 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.

Several other equities analysts also recently commented on TEL. Wells Fargo & Company raised their target price on TE Connectivity from $151.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday. HSBC upgraded shares of TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 target price for the company in a research report on Thursday. Truist Financial cut their target price on shares of TE Connectivity from $165.00 to $163.00 and set a “hold” rating for the company in a research note on Thursday. Robert W. Baird raised their price target on TE Connectivity from $162.00 to $168.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Citigroup boosted their price objective on TE Connectivity from $160.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday. Seven equities research 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $165.00.

TE Connectivity Stock Performance

NYSE TEL opened at $156.73 on Thursday. TE Connectivity has a twelve month low of $137.61 and a twelve month high of $159.98. The company has a quick ratio of 1.08, a current ratio of 1.61 and a debt-to-equity ratio of 0.27. The stock has a market cap of $46.78 billion, a P/E ratio of 15.26, a PEG ratio of 2.02 and a beta of 1.32. The company’s 50-day simple moving average is $147.43 and its 200 day simple moving average is $148.80.

TE Connectivity (NYSE:TEL) last issued its earnings results on Wednesday, January 22nd. The electronics maker reported $1.95 EPS for the quarter, topping the consensus estimate of $1.89 by $0.06. TE Connectivity had a return on equity of 18.48% and a net margin of 20.15%. The firm had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3,916,310.63 billion. During the same period last year, the business earned $1.84 earnings per share. TE Connectivity’s quarterly revenue was up .1% compared to the same quarter last year.

Institutional Investors Weigh In On TE Connectivity

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

TE Connectivity announced that its Board of Directors has approved a stock repurchase program on Wednesday, October 30th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the electronics maker to repurchase up to 5.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

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.