TE Connectivity (NYSE:TEL) Announces Quarterly Earnings Results

TE Connectivity (NYSE:TEL) posted its quarterly earnings data on Wednesday. The electronics maker reported $1.95 EPS for the quarter, beating the consensus estimate of $1.89 by $0.06, Zacks reports. The firm had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3,916,310.63 billion. TE Connectivity had a return on equity of 18.82% and a net margin of 12.10%. The firm’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.84 EPS. TE Connectivity updated its Q2 2025 guidance to 1.960-1.960 EPS and its Q2 guidance to ~$1.96 EPS.

TE Connectivity Trading Up 1.1 %

Shares of TEL stock opened at $156.73 on Friday. TE Connectivity has a 1 year low of $137.61 and a 1 year high of $159.98. The firm has a market capitalization of $46.78 billion, a PE ratio of 25.04, a price-to-earnings-growth ratio of 2.12 and a beta of 1.32. The stock has a fifty day moving average of $147.43 and a two-hundred day moving average of $148.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.68.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TEL. Wells Fargo & Company raised their price target on TE Connectivity from $151.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday. The Goldman Sachs Group dropped their target price on TE Connectivity from $189.00 to $179.00 and set a “buy” rating for the company in a research note on Tuesday, October 1st. Robert W. Baird lifted their price target on shares of TE Connectivity from $162.00 to $168.00 and gave the company an “outperform” rating in a report on Thursday. Truist Financial reduced their price objective on TE Connectivity from $165.00 to $163.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, HSBC upgraded TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 target price on the stock in a report on Thursday. Seven equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $165.00.

About TE Connectivity

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.