Barclays Reiterates Buy Rating on TE Connectivity
Barclays maintains a buy rating for TE Connectivity with a $300 target.
Key Points
- Barclays reiterated its buy rating for TE Connectivity, setting a $300 price target on June 15, 2026.
- TE Connectivity shares traded at $210.38 with a market cap of $61.4 billion and a P/E ratio of 21.5.
- Insider Shadrak Kroeger bought 9,400 shares at $93.63 on June 1, 2026, while Barclays and UBS maintain buy ratings.
On June 15, 2026, Barclays reiterated its buy rating for TE Connectivity plc (NYSE:TEL), setting a price target of $300. Analyst Guy Hardwick's reaffirmation comes as TEL shares trade at approximately $210.38.
What Changed in Barclays's TE Connectivity Position
Barclays has maintained its bullish stance on TE Connectivity, reiterating a buy rating and setting a price target of $300. This move signals continued confidence in TEL's growth prospects.
Other Institutional Activity in TE Connectivity
BlackRock, Inc. increased its holdings in TE Connectivity by 3.2 million shares, bringing its total to about 25.9 million shares valued at $5.42 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC each hold significant positions with 19 million and 16.6 million shares, respectively, valued at $3.98 billion and $3.47 billion. Meanwhile, Dodge & Cox slightly reduced its stake by 184,900 shares, ending with approximately 14.7 million shares worth $3.07 billion.
TE Connectivity Stock Snapshot
Shares of NYSE:TEL traded near $210.38. TE Connectivity has a market cap of $61.4 billion, a P/E ratio of 21.5, and a beta of 1.163. The stock's 52-week range is between $162.17 and $252.56, with a 50-day moving average of $214.49 and a 200-day moving average of $221.46. The company maintains a current ratio of 1.888 and a debt-to-equity ratio of 43.798.
Recent Earnings
TE Connectivity reported revenue of approximately $18.7 billion, reflecting a growth rate of 14.5%. The company achieved an EPS of $9.78, with a net margin of 15.5% and a return on equity of 22.72%. The next earnings release is scheduled for July 22, 2026.
Dividend
TE Connectivity offers an annual dividend rate of $2.98, yielding 1.42% with a payout ratio of 29.01%.
Insider Buying and Selling at TE Connectivity plc
On June 1, 2026, Shadrak Kroeger, President of Industrial Solutions, bought 9,400 shares at an average price of $93.63. On the same date, he sold 9,400 shares under a planned sale at $215. Additionally, Malavika Sagar, SVP and Chief Human Resources Officer, transacted 1,043 shares on May 15, 2026.
Analysts Set New Price Targets
On June 15, 2026, Barclays maintained its buy rating with a $300 price target. UBS also maintained a buy rating with a $261 target on April 23, 2026, while Truist Securities kept a hold rating with a $240 target. The consensus recommendation for TE Connectivity is a buy, with an average target price of $263.47 based on 19 analyst opinions.
About TE Connectivity
TE Connectivity plc, headquartered in Ballybrit, Ireland, designs and manufactures connectivity and sensor solutions. It operates through its Transportation Solutions and Industrial Solutions segments, serving industries such as automotive, aerospace, and industrial machinery. Led by CEO Terrence R. Curtin, the company employs around 90,000 people worldwide.
Bottom Line
Barclays's reaffirmation of a buy rating and a $300 target for TE Connectivity highlights confidence in the company's market position. Investors often track such analyst ratings for insights into potential stock performance. However, it's important to note that these ratings are based on past data and don't guarantee future outcomes.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.